After a brutal 12 months marked by financial underperformance, studio closures, and reorganisation, a fresh shadow has fallen over Warner Bros. Games: the prospect of a new corporate owner. The division is included – as an afterthought – in the sale of Warner Bros. Discovery to Netflix, which was subsequently challenged by a hostile bid from Paramount Skydance. Both potential buyers are wooing shareholders, and whoever wins will require regulatory approval, so closure on the deal is months or years away. Whatever the outcome, there is widespread concern about the impact on Warner’s games teams.
