I'm actually not too familiar with the publishing business so I'm confused. Wizards already publishes their own RPG books. Is there a reason they would need to purchase a different company to publish novels?
Right?
It's a bloody confusing thing to suggest. They are a book publisher! We need a "scratch head" emoji reaction option for posts I swear.
Also re: IPs, the fact is, WotC
don't want to publish other RPGs. That's
why they don't. WotC tried the whole "Let's publish other RPGs than D&D" thing. They tried it for what, over a decade? Well it's over. They gave up on it. Am the only one who has noticed this? There's no 5E-style d20 Modern for a reason, people. They have the money, they have the infrastructure, they have the skills. They don't want to make other RPGs. Presumably because they think it just cannibalizes the D&D market and is unprofitable? Who knows?
But they don't.
So the idea about other IPs going past them is irrelevant. They're only interested in making D&D, Magic, and a few other non-RPG games which don't compete with those. Board-game spin-offs of D&D and the like, sure, but actual other RPGs?
And 90% of the SF IPs that go through Tor and the like are not really suitable for anything but an RPG. And all WotC would get would be effectively a slightly early chance to negotiate for that IP anyway. Publishing a book is not the same as owning the actual IP.
But again, they don't want to make other RPGs. The Broken Earth novels, for example, aren't with Green Ronin because WotC couldn't get them. They're with Green Ronin because companies like WotC aren't interested.