At the same time, the streaming giant is "very excited" about the possibilities of WB Games.
Netflix initiated a deal to acquire Warner Bros. Discovery for $82.7 billion. This package included the WB Games gaming division with all its studios, assets, and intellectual property, but it was not mentioned in the official announcement of the deal or in the subsequent call with investors.
Only yesterday, at the UBS Global Technology Conference, Netflix co-CEO Gregory Peters publicly commented on the fate of WB Games for the first time. Answering an analyst's question, he stated directly that the company initially did not attribute any significance to the gaming division when assessing the potential value of the deal.
At the same time, Peters noted that Netflix is "very excited" about the possibilities of WB Games. In particular, he cited Hogwarts Legacy as an example — a game that sold over 34 million copies (as of March 2025) and became the best-selling title of 2023 in the US, ending the 14-year hegemony of Call of Duty and Rockstar Games.
