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Netflix says games “relatively minor” in acquisition of Warner Bros. Discovery

Ruh roh.

Netflix has said that Warner Bros. Discovery’s video game assets were “relatively minor compared to the grand scheme of things” in its $82.7 billion USD acquisition deal.

Speaking in a conference presentation (as reported by Pocket Gamer), Netflix co-CEO Greg Peters said the likes of Rocksteady, Avalanche, and NetherRealm were a low priority in the midst of the larger acquisition.

Stating that Warner Bros. had done “great work in the game space,” he continued to state that Netflix, ‘actually didn’t attribute any value to that from the get-go because they’re relatively minor compared to the grand scheme of things.

“Now we are super excited because some of those properties that they’ve built, Hogwarts is a great example of that, have been done quite well, and we think that we can incorporate that into what we’re offering,” Peters continued.

“They’ve got great studios and great folks working there. So we think that there’s definitely an opportunity there. But just to be clear, we haven’t built that into our deal model.”

Overly interested in the properties or not, Netflix will gain control of Mortal Kombat‘s NetherRealm, Batman Arkham‘s Rocksteady, LEGO games’ TT Games, Hogwarts Legacy‘s Avalanche Software, and several WB Games studios (Batman Arkham Origins, Gotham Knights) if the acquisition goes through. That won’t happen, mind you, until late 2026 or into 2027.


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About the author

Steve Wright

Steve's the owner and Editor-in-Chief of Stevivor.com, the country’s leading independent video games outlet. Steve arrived in Australia back in 2001 on what was meant to be a three-month working holiday before deciding to emigrate and, eventually, becoming a citizen.

Stevivor is a combination of ‘Steve’ and ‘Survivor’, which made more sense back in 2001 when Jeff Probst was up in Queensland. The site started as Steve’s travel blog before transitioning over into video games.

Aside from video games, Steve has interests in hockey and Star Trek, playing the former and helping to cover video games about the latter on TrekMovie.com. By day, Steve works as the communications manager of the peak body representing Victorians as they age.