Warner Bros. Games’ Harry Potter-influenced title, Hogwarts Legacy, has achieved a remarkable milestone, announcing that global sales have surpassed 40 million copies, with 7 million of those copies sold since March alone.
This staggering commercial performance arrives at a critical juncture for its parent company, Warner Bros. Studios, which is reportedly a target in an intense acquisition battle between major industry players like Netflix and Paramount.
The news puts a spotlight on a particularly controversial element of the bidding war: Netflix’s alleged offer of $72 billion for the studios and its subsidiaries, which reportedly assigned a valuation of zero dollars ($0) to Warner Bros. Games.
Hogwarts Legacy’s success, a clear and resounding testament to the enduring power of the Wizarding World IP in the interactive entertainment space, serves as a compelling counter-argument to the proposed zero valuation. The title’s performance strongly suggests that such an offer fails to accurately reflect the studio’s massive revenue-generating potential and its strategic importance for the future financial health of the Warner Bros. ecosystem.
With 40 million units sold and the market for the title still expanding while focus is already shifting to the future of the franchise. Rumors indicate that a sequel is in development, promising a more ambitious scope, expanded content, and potentially incorporating highly-requested features such as online play.
Given the current installment’s phenomenal sales performance, it is highly probable that the rumored sequel will be a cornerstone title for Warner Bros. Games, guaranteeing a significant and continuous revenue stream for whichever company ultimately acquires the studio. The $0 valuation now appears not merely as a lowball figure, but as a strategic error that entirely discounts one of Warner Bros.’ most valuable assets.
As of today Hogwart Legacy is available on PlayStation 5, Xbox Series, and PC via Steam and Epic Games Store since February 10, 2023, followed by PlayStation 4 and Xbox One since May 5, 2023, Switch since November 14, 2023, and Switch 2 since June 5, 2025.
