A decade ago, Warner Bros. embarked on an ambitious plan to become a big player in video games by acquiring studios that would internally produce titles based on Warner’s big properties.
Now the company has one of the biggest combinations of entertainment and video games, with $1.5 billion in revenues in 2015. It uses a mix of external and internal studios to produce games such as Mad Max, Batman: Arkham Knight, and Lego Dimensions. As such, it’s a rarity in Hollywood, where licensing to third-parties is becoming the norm.
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