Warner Bros. Games
Warner Bros. Games teases returns to major franchises in 2027-28
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Warner Bros. Games has announced plans to return to its biggest franchises in 2027 and 2028, following a period of resets and challenges. The publisher's leader highlighted upcoming releases after recent flops and studio changes. This comes amid speculation about sequels to popular titles like Hogwarts Legacy.
Paramount has launched a hostile takeover bid for Warner Bros. Discovery, offering $30 per share—higher than Netflix's recent $27.5 per share deal. The move targets the entire company, including gaming studios like Rocksteady, NetherRealm, and Avalanche. This escalation could reshape the future of Warner Bros. Games amid ongoing industry consolidation.
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Netflix has revealed a $82.7 billion deal to acquire Warner Bros.' Streaming & Studios division, which includes Warner Bros. Games and its prominent studios behind titles like Mortal Kombat and Hogwarts Legacy. The acquisition, announced on December 5, 2025, is expected to close in 12-18 months pending regulatory approvals. This move brings major gaming IPs such as Batman: Arkham and Lego series under Netflix's umbrella amid the streamer's mixed history in gaming.