As part of Warner Bros. Discovery's ongoing transformation, it has now been reported that the company is looking into selling the soundtracks to several Warner Bros. films, which make up some of the most iconic musical scores ever written.

Warner Bros., or WarnerMedia and Discovery, ceased to exist as their former selves when the merger between the two companies took place, an event that brought with it a new era helmed by CEO David Zaslav, whose decisions have seen him fall under heavy scrutiny. Part of Zaslav's job is getting the newly formed holding company back on track, which involves cutting costs by cancelling Leslie Grace's Batgirl movie and now looking for possible sources of extra cash flow from Warner Bros.' music library.

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According to a report by Financial Times, to alleviate the company’s massive $50 billion debt, Warner is currently searching for potential buyers that could acquire the soundtrack rights it still owns. This includes the likes of The Wizard of Oz, Batman, or even new popular shows such as Westworld. The music catalog could be worth over $1 billion, barely a tiny fraction of the accumulated debt, though still an impressive figure.

Westworld cropped poster

One thing that must be made clear is that Warner Bros.' storied music division, Warner Music Group, was sold off in 2004 when the company still went by the name Time Warner. This is why Zaslav doesn’t have a bigger soundtrack catalog to offer potential buyers. It bears saying that the same sources quoted in the report indicate that if a deal were to occur, Warner Bros.' would require access and use to the scores for potential movies or shows.

Despite Warner Bros. Discovery's stock prices tanking around the time the first news of the DC Universe makeover started making rounds, market sentiment appears to lean into the idea that the worst may have already passed for the media giant. That said, one of the pending tasks Zaslav has in hand is the restructuring of HBO Max, which despite a recent price hike, is expected to combine with Discovery Plus somewhere down the line, with company executives still working out the finer details such as naming and treatment of HBO productions.

That general opinion could be validated soon enough. DC creative overlords James Gunn and co-CEO Peter Safran are expected to make some announcements regarding the DCU's future within the next few months.

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Source: Financial Times