Netflix recently won the bidding war for Warner Bros. Discovery, making a deal to acquire the company for nearly $83 billion. That includes its film and television studios, HBO and HBO Max and all their properties, the whole of the DC Universe, and of course its remaining game studios. Those game studios are obviously of great interest to us, but for the people at Netflix? I don't want to bruise any egos here but, well, not so much.
The Netflix disdain was expressed in an investors Q&A earlier this week, when a caller asked if the WBD acquisition would "enhance or accelerate" Netflix's gaming ambitions, which have floundered after a hard-charging start: Netflix has closed or sold off the studios it made such a big point of having just a few years previously, and it's biggest idea these days seems to be laying out huge amounts of money for generative AI.
