Netflix has acquired Warner Bros. for approximately $83 billion, a deal that includes its film and television studios, HBO and its platforms, the DC Universe, and Warner's remaining game studios. The acquisition was confirmed on 2025-12-09.
Gregory Peters' Statement
Netflix co-CEO Gregory Peters commented on the acquisition, emphasizing that the company's gaming studios were not a significant factor in the deal. Peters stated, "We didn’t attribute any value to Warner's game studios from the start," indicating that the focus was not on gaming in this transaction. While acknowledging Warner's success in the gaming sphere, with titles like Hogwarts Legacy, Peters noted that these were relatively minor in the larger context.
Future Considerations
Despite this, Netflix sees potential in Warner's game properties. Peters expressed excitement about integrating some gaming elements into Netflix’s offerings. He highlighted the opportunity to leverage talented teams and successful gaming franchises. The acquisition leaves the future of Warner's gaming division uncertain. Although Warner had prioritized a sequel to Hogwarts Legacy, Netflix's current ambitions do not highlight these studios as a priority.
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