What you need to know
- Over the last couple of months, reports indicated that AT&T may sell Warner Bros. Interactive Entertainment.
- Activision-Blizzard, Electronic Arts, Microsoft and Take-Two Interactive are all reportedly interested in purchasing the division.
- According to WarnerMedia CEO Jason Kilar, Warner Bros. Interactive Entertainment will remain part of the Studios and Networks group for now.
Reports over the last couple of months have indicated that Warner Media parent company AT&T is interested in selling Warner Bros. Interactive Entertainment, a gaming division that comprises studios such as Rocksteady Games, NetherRealm Studios, Monolith Productions and more.
Activision-Blizzard, Electronic Arts, Microsoft and Take-Two Interactive were all reported parties interested in potentially purchasing the unit for anywhere from $2 billion to $4 billion. Now, it seems like that isn't happening, at least right now.
In a letter to all Warner Bros. employees, WarnerMedia CEO Jason Kilar outlined his plan for organizing the company moving forward. While much of this has to do with elevating the role of HBO Max and making some changes to the company's structure, Kilar explicitly notes that the gaming division will remain part of WarnerMedia.
He writes that "Warner Bros. Interactive remains part of the Studios and Networks group", alongside several other brands that are "all focused on engaging fans with our brands and franchises through games and other interactive experiences."
Now it's important to keep in mind that this doesn't mean things won't change in the future. AT&T may have backed off from hoping to sell the gaming unit or a deal may simply have not been reached yet. We'll have to wait and see what the future holds but at least in the short term, the WB Games division remains a part of WarnerMedia.
After years of silence, Rocksteady Games has finally revealed its current project, a Suicide Squad game, with an official reveal coming on August 22. Meanwhile, a new Batman game being developed by Warner Bros. Montreal is all-but-confirmed. These projects will comprise part of the company's first efforts on the next generation of gaming consoles, with the Xbox Series X and PS5 still on track to release in Holiday 2020.