informa
/
News

For sale to good home: Warner Bros' gaming division

According to CNBC, AT&T has decided that it doesn't need a video game division anymore, and is looking to offload Warner Bros. Interactive Entertainment.

CNBC is reporting that AT&T, the parent company of both the global telecom firm and the multimedia entertainment arm of Warner Bros. HBO, etc., is looking to sell off Warner Bros. Interactive Entertainment to the tune of about $4 billion. 

If you've forgotten just how big that video game arm is, you wouldn't be blamed. The entire video game division of Warner Bros. includes Rocksteady, Netherrealm Studios, WB Games Montreal, Monolith Entertainment, and 5th Cell, the developers of Scribblenauts

In the last decade these developers have been largely focused on developing games based on Warner Bros.-owned intellectual property. The makers of the Arkham series, the Middle-earth games, and other WB-based titles would be caught up in this sale. 

Seeing AT&T attempt to sell these developers is a particularly surprising turn of events considering how wildly successful all the listed franchises have been. According to CNBC, Take Two Interactive, EA Games, and Activision-Blizzard have all expressed interest. 

Of the above franchises, Netherrealm's Mortal Kombat games represent the largest "game-first" property in the bunch. The rest are obviously adapted from properties that AT&T either owns or has exclusive rights to. It's not clear if this deal would allow (or require) the studios to keep working in these franchises (which include DC Comics, Harry Potter, and Game of Thrones) or if the sale would mean that they'd be working on non-WB-focused efforts. 

If this sale goes through, it probably does change the odds that anyone will adapt a video game out of Friends, at least. 

Latest Jobs

Sucker Punch Productions

Bellevue, Washington
08.27.21
Combat Designer

Xbox Graphics

Redmond, Washington
08.27.21
Senior Software Engineer: GPU Compilers

Insomniac Games

Burbank, California
08.27.21
Systems Designer

Deep Silver Volition

Champaign, Illinois
08.27.21
Senior Environment Artist
More Jobs   

CONNECT WITH US

Register for a
Subscribe to
Follow us

Game Developer Account

Game Developer Newsletter

@gamedevdotcom

Register for a

Game Developer Account

Gain full access to resources (events, white paper, webinars, reports, etc)
Single sign-on to all Informa products

Register
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more