Warner Bros. has submitted a $33-million bid to buy Midway Games, creator of the “Mortal Kombat,” “Wheelman” and “Spy Hunter” video game franchises.

Midway spokesman Geoff Mogilner said the company, which is winding its way through an auction process, expected other bidders to emerge in the next 30 to 45 days. He did not release the names of other potential buyers.

Warner Bros., which has been bulking up its video game publishing business, would be acquiring several well-established game franchises, including “Mortal Kombat,” which has generated $1.5 billion in revenue since it was introduced in 1992 on arcade machines. The latest title in the series, “Mortal Kombat vs. DC Universe,” has sold more than 2 million units.