AT&T is reportedly no longer selling WB Games

Earlier this year, reports broke that Warner Bros. parent company AT&T was looking to sell Warner Bros. Interactive Entertainment, which consists of studios like NetherRealm Games, Rocksteady Games, Monolith Productions and several others. The sale was reportedly for a price between $2 billion to 4 billion, with Activision-Blizzard, Electronic Arts, Microsoft and Take-Two Interactive all…

AT&T is reportedly no longer selling WB Games

Earlier this year, reports broke that Warner Bros. parent company AT&T was looking to sell Warner Bros. Interactive Entertainment, which consists of studios like NetherRealm Games, Rocksteady Games, Monolith Productions and several others. The sale was reportedly for a price between $2 billion to 4 billion, with Activision-Blizzard, Electronic Arts, Microsoft and Take-Two Interactive all interested.
Now, according to Bloomberg, the sale is no longer happening. Bloomberg reports that AT&T “balked given the business’s growth potential” as the company underwent a leadership change in July. Amidst layoffs and a reorganization in August, WarnerMedia CEO Jason Kilar noted that the WB Games unit was being kept as part of the Studios and Networks group.
WB Games recently unveiled two big games f
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