AT&T Reportedly No Longer Interested in Selling Warner Bros. Interactive

AT&T Reportedly No Longer Interested in Selling Warner Bros. Interactive

What could have resulted in the mother of all consolidations seems to have fizzled out.

It would be a huge deal if, say, Microsoft picked up the Mortal Kombat franchise or if a studio like Monolith got bought by Take-Two. So, earlier this summer when it was reported that AT&T was considering selling off Warner Bros. Interactive Entertainment, the mind reeled at the possibilities. Now, it looks like all of WB's studios and franchises are staying put.

According to a new report from Bloomberg's Nabila Ahmed and Scott Moritz, the idea of selling Warner Bros. Interactive Entertainment is now off the table. Sources tell Bloomberg that even though a deal could've netted AT&T $4 billion, the growth potential for the division made decision makers lean toward holding on to the gaming business.

Initial reports about the possible sale in June identified Take-Two, Electronic Arts, and Activision Blizzard as interested parties. Come July, Microsoft surfaced as another potential buyer. With a first party and three major publishers sniffing at a deal to absorb it, it's not as though AT&T's killing the notion of a sale for lack of interest.

Last month, Warner announced two new DC games that could prove to be massive wins for its gaming business. One, WB Games Montreal's Gotham Knights, is due out next year. Following it in 2022, Arkham series-creators Rocksteady will expand its particular version of the DC universe with Suicide Squad: Kill the Justice League.

We keep hearing about Warner's next-gen Harry Potter RPG as well, but there's no telling when it'll get officially announced now (it missed a potential E3-timed reveal, and with the year J.K. Rowling has had, any Potter-associated project has an uphill PR battle ahead of it). For now, it seems that all of Warner Bros. Interactive's projects can continue on without the notion of an imminent sale looming overhead.

Sometimes we include links to online retail stores. If you click on one and make a purchase we may receive a small commission. See our terms & conditions.

Mathew Olson

Reporter

Mathew Olson is a writer formerly of Digg, where he blogged and reported about all things under the umbrella of internet culture (including games, of course). He lives in New York, grew up under rain clouds and the influence of numerous games studios in the Pacific Northwest, and will talk your ear off about Half-Life mods, Talking Heads or Twin Peaks if you let him.

In other news

NPD: PS5 Sets New US Console Launch Records While Switch Holds Strong

A strong debut for Sony hasn't stopped Switches from flying off shelves.

The Last of Us Part 2 Takes Home Top Prize at The Game Awards: Here Are All the Winners

Hades, Final Fantasy 7 Remake, and Among Us did get some well-earned love too.

Marvel's Spider-Man: Miles Morales Receives a Surprise Ray Tracing Performance Mode Update on PS5

Can't choose between 60 FPS and ray tracing? There's a new mode for you.

Quantic Dream Announces Publishing Deal for Dustborn, From the Makers of Dreamfall

Red Thread's dystopian road trip may end up being the first title published by David Cage's newly independent studio.

Need help?

GTA 5 Cheats

Discover all the GTA 5 cheats with this handy GTA V cheats PS4, GTA 5 cheats Xbox One, and PC guide for free GTA money and more. Plus get all the Grand Theft Auto 5 cheats for Xbox 360 and PS3.

Red Dead Redemption 2 Best Mods That You Should Download Now

RDR2 just released for PC players and that means more and more mods are coming in every day. Here are the best mods available right now for Red Dead Redemption 2.

10 GTA 5 Secrets That You Won't Believe

GTA 5 is a massive game, filled with brilliant secrets and Easter eggs. We've rounded up the 10 most amazing GTA 5 secrets.