Warner Bros. Discovery has just reported one of its worst financial quarters ever, thanks to a variety of failures in its TV, film, and , including a reported of its TV assets. Earlier in the week, it was reported that the company was looking to , including a stake in its video games business, to help reverse this fortune.
Now, CEO David Zaslav and JB Perrette, president of global streaming and games, have spoken more about the company’s plans, and a potential new avenue in the form of licensing its intellectual property to more external video game studios. As first reported by , WBD is currently exploring opportunities in licensing IP like , , or , to other studios who have expressed interest in developing new games adapting these worlds. “We’ll create a movie, whether it’s or or , and maybe there’ll be a TV show, but the ability to go in that world and have that experience of spending time with all the characters is something that we still own,” Zaslav said.
“We have 11 studios here, and we have a lot of IP. And there’s also a lot of interest among others in coming to take advantage of some of that IP for gaming, which we’re looking at. Because as JB said, we need to get bigger, and the IP that we own and the value that it has in the gaming space is something we’re looking to take advantage of.
” was again used as an example of the success that video games can bring for Warner Bros. Discovery, with Zaslav explaining that games present a new opportunity .