'We actually didn’t attribute any value' to Warner's game studios, Netflix boss says about the acquisition deal: 'They’re relatively minor compared to the grand scheme of things'

'We actually didn’t attribute any value' to Warner's game studios, Netflix boss says about the acquisition deal: 'They’re relatively minor compared to the grand scheme of things'


The Netflix disdain was expressed in an investors Q&A earlier this week, when a caller asked if the WBD acquisition would "enhance or accelerate" Netflix's gaming ambitions, which have floundered after a hard-charging start: Netflix has closed or sold off the studios it made such a big point of having just a few years previously, and it's biggest idea these days seems to be laying out huge amounts of money for generative AI. But the spectacular, extremely expensive failures of Suicide Squad: Kill the Justice League and Multiversus forced WB Games to embark upon a major restructuring less than six months later, which saw studio closures and the cancellation of multiple projects, including a reported Hogwarts Legacy expansion and "definitive edition." The Hogwarts legacy sequel was reportedly still in development at that point but it's clearly not a priority for Netflix, and with Warner's fate seemingly up in the air—Netflix won the bidding war, but Paramount has launched a hostile takeover bid—what will ultimately happen to it, and the rest of Warner's once-powerful gaming division, is anyone's guess.

Author: andy.chalk@pcgamer.com (Andy Chalk) , Andy Chalk


Published at: 2025-12-09 23:23:24

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