Warner Bros. interested in selling TT Games and NetherRealm
Warner Bros. would be interested in selling two of its development studios: TT Games and NetherRealm, at least according to an indiscretion reported by Jez Corden of Windows Central during a live stream on YouTube.Corden is not he is limited to reporting the rumor, but he also claimed to have documents to prove it. Of course this doesn't mean that the two studios will be sold anytime soon, just that there is interest from the Batman multinational in selling them, probably to raise cash.
According to Corden, Warner Bros. may have also other reasons to deprive oneself of it. For example, the poor reception of the recent Mortal Kombat film could have made NetherRealm (which manages the franchise) lose points, while for TT Games, the increasing costs of LEGO licenses could weigh.
It must also be said that the documents may be dated, therefore no longer current, and that Warner Bros. may have rethought the future of its video game sector when it entrusted it to the Discovery studio.
In short, you just have to wait and see what Warner Bros. will actually do. Of course, somehow sooner or later he will have to try to settle his debts.
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Rumor: Warner Bros. Considering Selling NetherRealm and TT Games - News
by William D'Angelo , posted 11 hours ago / 1,048 ViewsWarnerMedia and all of its gaming studios - Avalanche, Rocksteady, NetherRealm, TT Games, and more - are set to become part of a new company with Discovery. However, Windows Central's Jez Cordon speaking in the Xbox Two podcast claims WarnerMedia might have other plans for two of those studios.
WarnerMedia was considering selling off Mortal Kombat developer NetherRealm and the developer of the LEGO games TT Games, according to Cordon who read documents. He did say the documents did not have a date on them. It is possible they are no longer interested in selling the studios, while they were months or years ago.
Cordon did speculate the reason WarnerMedia would want to sell NetherRealm and TT Games is they no longer fit into WarnerMedia's plans. The Mortal Kombat film underperforming might have made the IP less attractive, while TT Games has been developing LEGO games. LEGO is an IP that WarnerMedia does not own.
WarnerMedia is merging with Discovery in a $43 billion merger to form Warner Bros. Discovery, which could complicate things. It could be a priority of WarnerMedia to sell off NetherRealm and TT Games before the merger is completed.
As always this should be treated as a rumor until an official announcement is made.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. You can contact the author at wdangelo@vgchartz.com or on Twitter @TrunksWD.