Earlier this month, Warner Bros. Discovery announced that it would split itself into two entities by mid-2026. The first one, WBD Global Networks, will remain focused on the company’s traditional cable programming with sports, news, and entertainment; the second entity, WBD Streaming and Studios, will spin off with HBO, the TV series and movie production, as well as the gaming division of Warner Bros. Discovery.
Many analysts have identified the possible motive behind the split in a potential sale of the latter, way more successful side of company. Now, just a few days after the announcement, the wrestling scoop website SEScoops reckons Sony is already considering purchasing WBD Streaming and Studios.
Needless to say, this would make perfect sense for Sony from a strategic standpoint. It would considerably bolster its movie, TV series, and gaming production and give it access to some of the biggest intellectual properties in entertainment, such as the DC universe, Harry Potter, and Game of Thrones.
Now, it’s all a bit premature at this stage since the split will have to happen first. As such, even if an acquisition deal is eventually reached, it may not be announced until 2027 or thereabouts. Regarding the legitimacy of the source, SEScoops has a long track record when it comes to wrestling leaks, but it’s still worth taking the rumor with a big grain of salt.
Moving to analyze the gaming side, we know Warner Bros. Discovery has suffered heavy losses in that division. Despite the massive success of Hogwarts Legacy, several other games failed, such as Suicide Squad: Kill the Justice League, Gotham Knights, and MultiVersus. Moreover, the historic studio Monolith was recently shut down, and its original Wonder Woman game was canceled.
Just yesterday, we learned of a restructuring within Warner Bros. Games around its four key IPs: Harry Potter, Game of Thrones, DC, and Mortal Kombat. It’s hard to say whether Sony’s acquisition would improve this division’s situation in any meaningful way. Gamers probably shouldn’t be too concerned about those games becoming PlayStation exclusive, though; they are simply too big to make sense as exclusives. Sony has already realized that when it allowed Bungie to continue making multiplatform games following its acquisition.
