Harry Potter fans are already concerned over the fate of Hogwarts Legacy 2, following confirmation the long-awaited sequel will soon be under new ownership as part of a huge shock deal.
If you missed the news, Netflix has officially agreed to buy Warner Bros. as part of a massive industry-changing deal. The implications of this deal are far-reaching, but as gamers, you'll be keenly aware that this now means Netflix has ownership of Warner Bros. roster of video game IP, which includes Mortal Kombat, the Batman: Arkham games, and Hogwarts Legacy.
Here's what we know: Netflix has confirmed that it will be purchasing Warner Bros. for cash and stock. "The cash and stock transaction is valued at $27.75 per WBD share (subject to a collar as detailed below), with a total enterprise value of approximately $82.7 billion (equity value of $72.0 billion)."
An official statement reveals:
This acquisition brings together two pioneering entertainment businesses, combining Netflix’s innovation, global reach and best-in-class streaming service with Warner Bros.’ century-long legacy of world-class storytelling. Beloved franchises, shows and movies such as The Big Bang Theory, The Sopranos, Game of Thrones, The Wizard of Oz, and the DC Universe will join...
