Netflix is buying Warner Bros. for over $82 billion — including the game studios behind Batman, Hogwarts Legacy, Mortal Kombat, and more

Netflix and Warner Bros. Discovery have agreed to a massive deal worth $87.2 billion. Netflix will be acquiring Warner Bros.’ film and television production, its valuable content library, and its entire gaming division.

The gaming division includes well-known developers like Rocksteady (known for the Batman: Arkham series), NetherRealm Studios (Mortal Kombat), Traveller’s Tales (LEGO games), and Avalanche Software (Hogwarts Legacy).

Netflix won the bid for Warner Bros. Discovery after competing against other companies, including Comcast and Paramount Skydance, who were also very interested in the purchase.

The deal still needs to be approved by regulators, but is currently projected to be finalized sometime in the third quarter of 2026.

Fallout co‑creator leaves retirement to rejoin Xbox’s Obsidian Entertainment, fueling speculation about future games. — “Don’t bother guessing, you’re not gonna guess right.”

Tim Cain, a well-known game designer, is coming out of semi-retirement to rejoin Obsidian Entertainment, a role-playing game studio owned by Xbox Game Studios. He announced on Friday, through his YouTube channel, that he’s already been back working with the team for a little while. Cain is currently involved in a new, unannounced project, and he playfully suggests fans won’t be able to guess what it is. He also plans to continue sharing stories and insights from his long career on his personal YouTube channel as long as he has interesting things to share. You can watch his full announcement video below.

“The most complex game I’ve ever worked on.” Legendary Fallout dev making Xbox’s Clockwork Revolution teases crazy depth — and a feature I’m dying to see

I’ve noticed Xbox Game Studios has been consistently releasing large-scale RPGs lately – titles like Avowed, Grounded 2, and the upcoming The Outer Worlds 2, often with Obsidian Entertainment at the helm. But their next big RPG isn’t coming from Obsidian; it’s Clockwork Revolution, being developed by inXile Entertainment, the team behind Wasteland 3.

Does Fallout TV show Season 2 make a New Vegas ending canon? Creators say they took a “fog of war approach” — here’s what that means

Ever since the first season ended with a hint of a ruined city, fans have been speculating about where the story would go. The recent trailer revealed at Gamescom confirmed those suspicions – the next season will be set in the iconic city from the beloved 2010 game. Marketing materials also showcase familiar groups and characters from the game, including the Kings, Caesar’s Legion, and the city’s founder, Robert House (Mr. House).