Warner Bros. Discovery in $500 Million Negotiations to Sell Film and TV Catalog

Warner Bros. Discovery in $500 Million Negotiations to Sell Film and TV Catalog

Variety is reporting that Warner Bros. is selling some of the studio’s film and TV music-publishing assets. When concluded this would amount to approximately 500 million dollars in intellectual property being shed.

It is still unclear what specifics assets are up for sale, but “slightly less than half” of the studios catalog are likely moving to another heavy hitter. Sony’s name has been mentioned specifically as a potential suitor for the sale. Variety has speculated that music from “Sweeney Todd”, “Purple Rain,” “Evita”, “Rent”, along with several “Batman” films could be listed amongst the rights up listed. Even iconic music from “Casablanca” and “As Time Goes By” have been mentioned specifically in the report.

Related: Disney Heavily Discounts ALL Epcot Flower & Garden Festival Merchandise

Experts have weighed in on the deal saying that many of the assets are half a century old and therefore declining in value. Representative from Warner Bros. and Sony did not respond to Variety when asked for comment. Warner Brothers Studio is currently challenged by the lingering writers strike and box-office missteps plaguing the studio in recent months.

A potential sale could help the company clean some of it’s reported 49 billion dollars of debt. Warner Bros. joins a list of other entertainment giants that have recently cut back content or removed it entirely from their streaming service to serve as a write off. Disney recently removed several pieces of original content to reduce their tax burden and move towards financial profitability as demographic patterns shift.

Television, film, and streaming are all very much in flux as viewers change their consumption habits. Warner Bros. has been facing an uphill battle as television viewership is in overall decline. Stay tune for more updates as we follow all of the latest movement from Hollywood. What are your thoughts on all of the changed from major studios? Let us know your thoughts in a comment.

Let our friends at Destinations to Travel help you book your next Disney Vacation. They are the preferred Travel Agency of Chip and Company and Disney Addicts, and who we use ourselves.

Get started below for your FREE No Obligation Quote.

Book With our friends at Destinations to Travel

Who is your Travel Agent?(Required)

Let us pick for youEric HilesStacy ReedAbbey JohnsonAlisa SullivanAlli WillisAmanda FolsomAmanda VannAmber BrillhartAmber FisherAmy SieburnAndrea SmithAngela AndersonAngie BaycuraAnna PetrilliAnnabelle DuboseApril StefanskiAshley RamseyBeth ParsonsBetsy SantoroBrandie McQueenBrian BuckleyBridget HatchBryan SchwartzCandice SneedCarrie ButlerCarson DockumCasey BoltCharleen HortonChelsea RoyChelsea WuebkerChris BoyerChristie GrubeChristina FratturaChristina SmithCourtney WhiteCraig YoderDan MercedDanielle NorcrossDarby MouritsenDavid ForrestDeborah AlvaradoEmilee BiegelEmily MorrisFaith HakesGail HatchGreg MatzkerHelen HummerHolly CurryJackie CavistonJaclyn PepitoneJamie SwansonJeanine JordanJeff CallahanJenni MaierJennifer BrownJennifer StephensonJennifer StoessnerJessica HatfieldJessica HuffJessica WunderJoe GuertinJon CarpentierJoseph SliwaJulie McCombJustin BrownKat AttridgeKathryn EberhartKathy AndersonKatie HarrellKatie PrevotKayla CookKelsey SullensKim HelmsKimberly HutchinsonKristi GallagherKyle RamsdenLauren DewlenLeanne MonterLinda DurhamLindsay AckermannLindsey VromanLissette BritoLori HardyMallory MorrisonMandi QuinnMaranda PerkinsMarisa AlvaradoMegan TeismannMeghan BlairMelissa ReedMichele KlineMike BeyerMissy McCormickMisty DickersonNancy CasteelNicole ThorntonPatrick O'ConnorPaul SulPeyton Ward-KubikRaylene CooganRegan OstranderRobbie BulusRobert ThomasSara SolbergSarah McCandlishShanna BrowningShelley BennettShelly MetzStacy CristStacy KrzyminskiStacy SmithStephanie DraganoStephanie FerencStephanie WalshSusannah McCordTara SlusserTerri MillerTiffany DobraskiTiffany DrenkhahnTina FarmerTonya LesiukTracy DaneTroy DuncanVeronica RenteriaVicki FesslerWendy CarllWendy HauserWendy KellehanWendy Shelley

Name(Required)

First Last

Email(Required)

Phone(Required)

Destination(Required)

Walt Disney WorldDisneyland ResortDisney Cruise LineAulani, A Disney Resort and SpaAulani, A Disney Resort and SpaUniversal FloridaUniversal HollywoodRoyal Caribbean, Carnival, Norwegian or other Cruise LineI don't know yet

# of Adults(Required)

# of Children(Required)

Check-in-Date(Required)

MM slash DD slash YYYY

Check-out-Date(Required)

MM slash DD slash YYYY

Comments, Questions or Special Requests

Comments

This field is for validation purposes and should be left unchanged.

Δ

For the BEST in Disney, Universal, Dollywood, and SeaWorld Theme Park News, Entertainment, Merchandise & More follow us on, Facebook, Instagram, and Youtube. Don't forget to check out the Chip and Company Radio Network too!