Right here’s an attention-grabbing hearsay: Sony could be trying to decide up HBO Max from Warner Bros. Discovery, together with a few of its gaming IP.
This story requires some context, beginning with the truth that Warner Bros. Discovery, which has been going through some monetary troubles the previous few years, has introduced a restructuring, which incorporates splitting into two separate firms. If that sounds acquainted, it’s as a result of Ubisoft can also be doing a little very comparable.
The cut up can be accomplished by mid-2026, with the newly shaped “Streaming & Studios” being composed of Warner Bros. Tv, Warner Bros. Movement Image Group, DC Studios, HBO, HBO Max, and notably, the WB Video games division.
As a part of the cut up the corporate additionally introduced that it intends on releasing much less video games total and focus extra on its core IP of Harry Potter, DC, Sport of Thrones and Mortal Kombat.
In fact, we already know that Hogwarts Legacy 2 is in growth, whereas a brand new Sport of Thrones RTS was simply revealed. There’s additionally rumours that Netherealm could be engaged on Injustice 3.
However the place does Sony come into the image? Nicely, in accordance sescoops.com, “Sony is contemplating a purchase order of the newly introduced WBD Streaming and Studios firm.”
Apparently, sescoops.com is a wrestling-focused web site, so not a supply usually value contemplating. Nevertheless, sescoops.com covers All Elite Wrestling (AEW) which is broadcast by Warner Bros. Discovery. sescoops.com has a confirmed monitor report in relation to insider AEW info, so it’s attainable the web site’s sources even have the within monitor on Warner Bros. Discovery.
“Sources mentioned Sony was solely buying WBD’s streaming, studio and gaming property in the event that they had been separated from its cable networks, which have misplaced tens of millions of houses as viewers abandon conventional cable packages,” says sescoops.com.
Sony has made some films in the direction of turning into a bigger multimedia firm up to now few years. It additionally confirmed interested by buying Fox earlier than Disney snatched the corporate up, and was in talks to purchase Paramount at one level as nicely.
It’s a really attention-grabbing story, however for now I’m inclined to say there isn’t a lot to it. The supply isn’t the strongest, and I don’t suppose Sony can be trying to spend the sum of money it could take to purchase out Warner Bros. Discovery’s new firm. We’re speaking 1000’s of staff, a number of sport studios, a streaming service and extra, all of which may command an enormous worth. Proper now, Warner Bros. Discovery holds a market cap of $26 billion. The brand new streaming firm isn’t going to be tied down by as a lot debt (Warner Bros. is retaining most of it with the second firm) and can possible hit the market with a robust worth of its personal, one probably a lot increased than WBDs present market cap.
Sony, in the meantime, at present has about $24 billion in money. In fact, money isn’t every part and Sony may carry far more cash to bear if wanted, however the level is shopping for this new firm can be a monumentally large transfer for Sony, and one I can’t think about them keen to threat. Nor does such an acquisition match into their traditional technique.
