Netflix exec demeans 'no value' Warner Bros. Games
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I’m not… sure we put any Warner Bros games in that list. I’ve just done a CTRL-F for “Batman” and got zero results. I know, WTF - Arkham Asylum is amazing. Mark needs to stop driving things and think about capes for a change.
Today, Xbox and PC Game Pass subscriptions feature the penultimate game prepared for the first half of December. We are talking about the latest installment of the cult series of brutal brawlers.
A major transaction has long felt inevitable. The 2022 merger saddled the company with roughly $50 billion in debt, leaving its leadership little choice but to explore a breakup or sale. If the split proceeds, WBD CEO David Zaslav would continue leading the Warner Bros. side, and Discovery Global would be led by current CFO David Wiedenfels.
In fact, Netflix co-CEO Gregory Peters said during an investor call (originally reported by PocketGamer.biz) that, sure, Warner Bros. had done some "great work in the game space," but "we actually didn't attribute any value to that from the get-go because they're relatively minor compared to the grand scheme of things."
The broadcasts for the College Football Playoff's first-round games will be split between Warner Bros.' TNT networks (TNT/TruTV/HBO Max) and Disney's networks (ABC/ESPN). The rest of the College Football Playoff games will be exclusively broadcast on Disney's ESPN.
Netflix surprised its 300 million subscribers with a personalised late-night note after announcing its major deal with Warner Bros. In the message, the streaming giant reassured users that “nothing is changing'.
Since Netflix's deal was confirmed last Friday (December 5), Paramount has since launched a cash bid of $100 million, with the studio stating that Warner Bros. Discovery "never engaged meaningfully" with their previous attempts to negotiate a deal.
Lobbying armies are being amassed in real time as the media giants vying to purchase Warner Bros. Discovery — Netflix and Paramount Skydance — game out the Washington landscape in pursuit of their prize.