Warner Bros. Discovery is reportedly exploring the possibility of selling off part of its games division, according to a recent report from the Financial Times. This potential divestment comes just two weeks after the company acquired MultiVersus developer Player First Games.
The Financial Times report suggests that offloading part of its gaming assets could help Warner Bros. Discovery mitigate potential legal challenges from debt investors. However, no definitive decisions have been made at this time.
Shift in Strategy
This development aligns with Warner Bros. Discovery’s broader strategic shift away from producing AAA games, focusing instead on live-service games. The company currently owns significant intellectual properties, including Harry Potter and Mortal Kombat. They also publish “Suicide Squad: Kill the Justice League,” a live-service game that received a tepid response from both players and critics, resulting in a $200 million revenue shortfall.
Historical Context
This is not the first instance of Warner Bros. Games being considered for sale. In 2020, there were reports that Microsoft was interested in acquiring the division to bring titles like Mortal Kombat and Suicide Squad under its umbrella. Whether Microsoft or any other major player will express renewed interest amidst the current landscape remains uncertain, especially following Microsoft’s acquisition of Activision Blizzard.
Awaiting Official Response
Warner Bros. Discovery has not yet responded to multiple requests for comment regarding the potential sale. The gaming community and industry analysts alike are watching closely for any further developments.
