Overview
- Warner Bros. Discovery said last week it had begun a review of strategic alternatives to maximize shareholder value.
- Sony CEO Hiroki Totoki told Nikkei Asia the company has no desire for big U.S. film-industry mergers and acquisitions right now.
- Totoki argued that simply combining movie studios would not deliver a significant profitability gain for Sony Pictures Entertainment.
- Sony is focusing investment on growth areas such as anime and games, highlighting Aniplex and stakes in Kadokawa and Bandai Namco.
- Warner Bros. holds major franchises and networks, reports have indicated multiple suitors are exploring offers, and its 2026 slate includes Mortal Kombat 2 and the DCU’s Supergirl.