Sony announces it wont be bidding to buy Warner Bros. because its focused on growth markets, like anime
News Source : GamesRadar+
News Summary
- Sony has its eye on original IP rather than merging with Warner Bros. "We have no desire for big [mergers and acquisitions] deals in the US film industry right now," Sony CEO Hiroki Totoki said.
- One of Sony's latest (and most successful) original IP is Kpop Demon Hunters – although the studio didn't distribute the movie.
- Instead, it was released on Netflix, where it became the streamer's biggest movie ever with over 400 million views so far.
- As for Warner Bros.', some of its upcoming movies on the way in 2026 include Emerald Fennell's Wuthering Heights, starring Margot Robbie and Jacob Elordi, video game sequel Mortal Kombat 2, and the DCU's Supergirl, starring Milly Alcok as Kara Zor-El.
Last week, it was reported that Warner Bros. Discovery was considering selling up, prompting multiple offers from several big players. One such big player who wont be making a bid, though, is Sony. [+1703 chars]
Never miss a story from us, subscribe to our newsletter