Warner Bros. Discovery, the owner of HBO, CNN and other streaming and studio businesses, said Tuesday it is putting itself up for sale

  • MehBlah@lemmy.world
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    10 hours ago

    This is what happens when you go full ‘reality’ and abandon your core products.

  • fxleak@lemmings.world
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    11 hours ago

    They see the writing on the walls. Their IPs can’t carry them forever, especially now that the manchildren who like them are approaching their 40s.

    • thatKamGuy@sh.itjust.works
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      17 hours ago

      I don’t want to contribute to the mountains of AI slip on the internet, so instead I’ll just prompt the reader’s brain to imagine a picture of Bugs Bunny in Arabian robes, eating a carrot nonchalantly, with the caption “eh, wahabi ‘doc?”

  • ampersandrew@lemmy.world
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    2 days ago

    As a sustainable video game entity, WB games would be better suited in just about anyone else’s hands. WB has tried to sell off its games division in the past, but they’ve spent the better part of two decades making sure that their game studios produced nothing except for tie-ins to their movie and comic book businesses. I was told straight to my face at a PAX years ago that the pitch process under WB starts with a game idea and ends with, “Cool, now make it Batman,” or “Cool, now make it Lord of the Rings.” Then when they tried to divest themselves of games, not only did they have no IP to sell outside of old Midway properties, they also thought the new buyer would love to keep paying licensing fees to WB for the properties attached to these gaming franchises. Bunch of geniuses over there.

  • Zedstrian@lemmy.dbzer0.com
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    1 day ago

    The corporate media landscape is already too consolidated; any further mergers should be blocked, and existing oligopolies split up instead.

    • CIA_chatbot@lemmy.world
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      1 day ago

      Ooooor we can let the same right wing oligarchs purchase it and further consolidate their total control of information leading the world into a cyberpunk dystopian hellscape