According to a report from CNBC, AT&T wants to sell its Warner Bros. gaming division for “about” $4 billion USD, to pay off a huge debt, valued at almost $200 billion.
The interested buyers at the moment supposedly include Take-Two Interactive, Electronic Arts, and Activision-Blizzard. This would be a huge sale, so obviously not every company will be lining up.
Warner Bros. Interactive Entertainment owns and operates studios like TT Games (Lego series), Rocksteady (Batman Arkham series), NetherRealm (Mortal Kombat 11), and 5th Cell (Scribblenauts).
Any sale that was approved would not necessarily give rights to IP like Batman and Harry Potter – instead, there’d likely be a “commercial licensing agreement” – to ensure AT&T continues to earn revenue.
Two sources have told GamesBeat that the report is correct in terms of the division being up for sale but according to CNBC no deal is assured or imminent. If anything goes ahead, we’ll be sure to let you know.
