AT&T is reportedly looking to sell the Warner Bros. Interactive Entertainment gaming division, which includes studios like NetherRealm, Avalanche, and Rocksteady. The deal could be valued at $4 billion and there’s reported interest from companies like Take-Two, EA, and Activision Blizzard.
In a report from CNBC, telecom company AT&T, which purchased Warner Media in 2018, is looking to divest some assets to help pay off $200 billion in debt. This includes WB Interactive, which has already picked up interest from some of the game industry’s largest companies. Though sources say a deal is neither in place nor imminent.

Any company that does purchase WB Interactive will not gain the rights to IP like Batman or Harry Potter, which is owned by Warner Bros. Instead, any deal will likely include a “commercial licensing agreement where AT&T can continue to get revenue from its IP.”

A potential purchase will, however, include studios that belong to WB Interactive like NetherRealm and Rocksteady, the developers behind Mortal Kombat, and the Batman Arkham series respectively.

They not expanding their IP enough so this could be a good thing imo.

All of those interested companies are a big yikes

AT&T is in huge debt and an activist investment group is threatening legal action over their shares, AT&T is scrambling to pay off their debts.

Out of the three take two looks the best tbh

holy s*** please don't let ea or activision buy them

This not looking good

modern TT will probably be as detrimental to a new IP as either of the other two. unless they just let them operate of their own will separately

Besides GTA s*** how is take two bad? I never hear about them closing down studios and bad s*** like ea and Activision do

Ngl u might as well shutdown Rocksteady if u sell them off and they cant use the Batman IP

Why you don't think they could make something good? They basically started a trend with Arkham combat

They could do a new IP but itd be a tragedy if they lost the ability to make Arkham games

But they wrapped it up with knight they better off with something new

I mean any properties they have under Rockstar handle is gonna be pushed off until GTA doesnt make money. If its done by 2K its gonna be horrible.

SONY COME THROUGH

Sony please

Microsoft should cop it

Good foil to Sony having Spider-Man

Would make me consider copping an Xbox S***but I don't wish for the games to be exclusive

AT&T deemed WB Interactive too valuable too sell and realized their growth potential. Hopefully this results in a multitude of great games in the future.

WarnerMedia CEO apparently had influence in calling this deal off.