To be fair, selling a business when it is red hot is generally the best time because that's when you get the best sale price. If the business is doing terrible, no one wants to buy it.Who should own it if it's sold - me. Prepare for more Dark Sun than you can handle, plus everyone responsible for the 4e FR book doing the Game of Thrones 'shame!' walk along a major road near you.
Who will own it if it's sold - Amazon or Netflix.
Will it be sold? No. It's making Hasbro an absolute mint right now, with very low overheads. Why on earth would they get rid of it?
Good gawd I hope not. D&D would be quickly dissasembled and sold off for parts (Forgotten Realms to one bidder, Greyhawk to another, Dragonlance to another, etc.) and the game itself left to rot, like a poacher who shoots an endangered animal just to cut off its tusks/claws/head and leave the rest. Private equity firms are a bane upon our culture, and have destroyed other beloved things.At first glance, selling WotC seems similar to what happened with Bungie and Halo, but I don’t think WotC is more than just the D&D and M:tG company now. They’re more like 343 Industries than Bungie.
I assume if WotC were sold, it would be to private equity with Hasbro’s retaining the IP rights and licensing them back to WotC. The goal would be to externalize development costs while also turning it into a source of revenue (via licensing). Hasbro could also return some of the proceeds to shareholders, which their institutional investors would love.