3 years 11 months ago
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Warner Bros. Interactive Entertainment is reportedly up for sale.
As reported by CNBC (thanks, IGN via Nintendo Life), parent company AT&T - which acquired Warner Bros. in 2018 - is looking to offload its gaming division for "about $4 billion" (£3.1 billion) in a deal that may include a "commercial licensing agreement where AT&T can continue to get revenue from its IP" such as LEGO and Harry Potter.
CNBC purports anonymous sources "familiar with the matter" but "asked not to be named because the discussions are private" have revealed Take-Two, Electronic Arts, and Activision Blizzard have all expressed an interest, but apparently there is no imminent deal as yet.