Batman: Arkham KnightSource: Warner Bros. Interactive Entertainment

What you need to know

  • AT&T is the parent company of Warner Bros. Interactive Entertainment.
  • Warner Bros. Interactive Entertainment consists of studios like NetherRealm and Rocksteady.
  • According to a new report, AT&T is looking Warner Bros. Interactive Entertainment.

According to a report from CNBC, AT&T is looking to sell off its Warner Bros. Interactive Entertainment gaming division. This includes several studios such as NetherRealm, Rocksteady and Warner Bros. Montreal in a deal that CNBC's sources claim is valued around $4 billion.

These studios have worked on games such as the Arkham Batman games and the Mortal Kombat series. Activision-Blizzard, Electronic Arts and Take-Two Interactive are all reportedly interested, though no specific deal has been made as yet.

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This deal is especially interesting as there is a long-rumored Batman game from Warner Bros. Montreal that has yet to be revealed. WB Games is reportedly taking part in Summer Game Fest, though no specific titles have been mentioned. WB was also reportedly planning an E3 conference before E3 2020 was canceled.