After reports that AT&T was looking to sell off their gaming division, it looks they’ve since changed their mind. AT&T was initially to sell WB Games for about $4 billion USD however, reports say they were looking to enter a deal where they can still earn revenue from its IP.
Currently, WB Games own Rocksteady and Netherrealm Studios to name a few, having published Mortal Kombat, The Arkham series, and more.
As reported by Eurogamer, CEO Jason Kilar told staff that Warner Bros. Interactive “remains part of the Studios and Networks groups”.
Initially, Take-Two, Electronic Arts, and Activision Blizzard had expressed interest in purchasing WB Games and their IP, with Microsoft also expressing their interest soon after. Kilar did not highlight this in the email, nor did he explain why the division was no longer being sold.
WB Games are reportedly working on a Harry Potter RPG, and Rocksteady recently confirmed they were working on Suicide Squad.