The Financial Times reports that Warner Bros. Discovery is considering an offer to sell Polish broadcaster TVN or a stake in Warner Bros. Games.
Recent reports have revealed that Warner Bros. Discovery is considering selling a stake in Warner Bros (WB) Games.
This information was published by the Financial Times (via VGC). If you are interested in the state of the video game industry, you can check out our other articles here.
WB Discovery Considers Selling WB Games Shares?
The Financial Times reports that Warner Bros. Discovery is looking to offload smaller assets in a bid to help reverse a nearly 70% decline in its share price since WarnerMedia and Discovery merged in 2022.
According to the Financial Times, Warner Bros. Discovery is considering an offer to sell Polish broadcaster TVN or a stake in Warner Bros. Games.
Warner Bros. Games owns several studios such as Avalanche Software, Rocksteady Studios, TT Games, NetherRealm Studios, Monolith Productions, Warner Bros. Games Montréal, and Player First Games.
In November 2023, Warner Bros. Discovery CEO David Zaslav revealed that Warner Bros. Games would focus on turning its biggest game franchises into live service games.
In March 2024, Warner Bros. Discovery’s global streaming and gaming CEO, Jean-Briac Perrette, said that “the vast majority of our business revolves around four main forms of IP in gaming, all of which are multi-billion dollar businesses.”
