WB Games no longer for sale.

[Koba St]

Warner Bros. Interactive Entertainment, owner of studios such as Rocksteady, NetherRealm, and TT Games, is seemingly no longer up for sale.

Reports came in last month that parent company AT&T - which acquired Warner Bros. in 2018 - was looking to offload its gaming division for "about $4 billion" (£3.1 billion) in a deal that may include a "commercial licensing agreement where AT&T can continue to get revenue from its IP" such as LEGO and Harry Potter. Take-Two, Electronic Arts, and Activision Blizzard all initially expressed interest, but no deal followed, and then reports came in that Microsoft had also expressed an interest in acquiring the outfit.

Now, however, it seems AT&T has reconsidered the sale and instead of selling off its gaming concern to help mitigate its debts, instead it is restructuring the organisation. In an email to staff, CEO Jason Kilar told staff Warner Bros. Interactive "remains part of the Studios and Networks groups".

AT&T looks to have changed its mind about selling its gaming studios

Can’t say I’m surprised. No one is going to pay $4b for a bunch of studios that doesn’t even include their main IPs

 

[Boris Reznikov]

Bu bu bu Phil was going to buy batman and superman and Harry Potter and show Sony who’s really boss

 

[Grand Conde]

Basically nobody met their sale price.

As for all the M$ stans thinking X-Box were guaranteed to purchase these studios...

 

[Captain Crunch]

Basically nobody met their sale price.

As for all the M$ stans thinking X-Box were guaranteed to purchase these studios...

Stan shyt aside, MS really should buy Asobo(Plague Tale Innocence developer)

 

[KravenMorehead™]

AT&T looks to have changed its mind about selling its gaming studios

Can’t say I’m surprised. No one is going to pay $4b for a bunch of studios that doesn’t even include their main IPs

Now, however, it seems AT&T has reconsidered the sale and instead of selling off its gaming concern to help mitigate its debts, instead it is restructuring the organisation. In an email to staff, CEO Jason Kilar told staff Warner Bros. Interactive "remains part of the Studios and Networks groups".

tried to recoup losses by finessin now they bout to just fire nikkas.


Memories made in the coldest winterrrrr

 

[Rekkapryde]

AT&T looks to have changed its mind about selling its gaming studios

Can’t say I’m surprised. No one is going to pay $4b for a bunch of studios that doesn’t even include their main IPs

Them nikkaz wanted you to buy the cake and to eat it too

fukk outta here if the DC, Middle Earth, and Harry Potter license exclusivity doesn't come with it. Pay 4 billi and have to pay for those licenses annually as well brehs

 

[humminbird]

they laid off people instead

 

[Grand Conde]

Stan shyt aside, MS really should buy Asobo(Plague Tale Innocence developer)

They would be a better fit in Sony right now with no more Quantic Dream. M$ have a couple of similar type of AA/AAA story-telling focused developers bought up recently.

In saying that Sony doesn't seem to like Euro-jank developers.

 

[taker597]

Pay 4 billion and share IP revenue. No thanks lol.

 

[Kairi Irving]

They not a Rockstar level company so Sony and Microsoft just then walked away