That makes sense as well. I don't remember or even understand all that happened during the Midway bankruptcy era but there might be a lot of caveats in the fine print.
Did WB buy the studio which came with MK? Or did they buy the MK license under an agreement they take the studio/employees with it? Was there a timeframe within which they're tied together?
Depending on the situation it could be that WB wants to keep MK but doesn't want a studio under their watch?
All that said, i don't think Boon would be that stupid to give up whatever control he has over the franchise. I think whatever happens down the track, Boon and NRS will be somehow involved.
From Wikipedia on NetherRealm Studios: "On February 12, 2009,
Midway Games filed for
Chapter 11 bankruptcy in the United States.
[2][3] Warner Bros. subsequently acquired "substantially all of the assets", including
Mortal Kombat,
This Is Vegas and the Midway Games company structure, on July 10, 2009.
[4][5] While Warner Bros. went on to close most of Midway Games' Chicago headquarters and
San Diego, California and
Liverpool, England, development studios, they retained the Midway Games Chicago development studio, which became part of
Interactive Entertainment.
[6][7] The surviving studio was renamed WB Games Chicago a few days later.
[8][9] On April 20, 2010, the studio was reincorporated as NetherRealm Studios, effectively replacing WB Games Chicago.
[10][11] "
So yes, WB owns both the franchise and the development studio, of which Ed Boon is an employee.
He's the Game Director, however because he's the "face" of the franchise's developers, people seem to think he has far,
far more decision making authority than he actually does.