A little bonus not very useful for Netflix
Warner Bros. Games has already been in danger for quite a few years, the fault of a structure that has continued to change at Warner Bros. A buyout like this doesn’t help anything, and since we’re talking about Netflix, it could even make things worse. For a time, the latter was interested in the idea of investing in the AAA video game industry with his own studios, until everything went wrong, forcing him to backtrack. Today, only the mobile gaming sector interests it a little, and only to decline its own licenses.
So seeing him get his hands on Warner Bros Games is not very reassuring. And it’s not the words of Gregory Peters, co-CEO of Netflix, that are going to change our minds here. During a hearing with shareholders to present the group’s latest results and discuss the takeover of Warner Bros, Peters was quite frank in stating that Warner Bros Games had very little influence in the decision to acquire Warner Bros Games :
“ Although they have undoubtedly done remarkable work in the field of video games, we initially gave them no importance because they are relatively minor in the scale of everything else. »
It’s direct to say the least. Netflix doesn’t care about this division and only considers it because it has to buy back a lot, which was expected. However, the co-CEO adds that there is still value to be found here, taking the example of Hogwarts Legacy :
“ We’re excited because some of their properties, like Hogwarts, have been very successful, and we think we can incorporate that into our offering. They have great studios and great teams. So we think there’s a real opportunity there. But let’s be clear, we haven’t talked about this yet in our agreement. »
Words which will not at all reassure the teams in place, and if the Paramount option materializes, be sure that it will undoubtedly be the same speech from the side of David Ellison’s company.