Reports over the last few months have indicated that parent company Warner Media AT&T is interested in selling Warner Bros. Interactive Entertainment, a gaming division consisting of studios such as Rocksteady Games, NetherRealm Studios, Monolith Productions and more.
Activision-Blizzard, Electronic Arts, Microsoft and Take-Two Interactive were all reported parties interested in potentially buying the unit for anywhere from $ 2 billion to $ 4 billion. Well, it seems like that’s not happening, at least for now.
In a letter to all Warner Bros. employees. WarnerMedia CEO Jason Kilar outlines his plan for organizing the company going forward. While much of this has to do with increasing the role of HBO Max and making some changes to the company’s structure, Kilar explicitly notes that the gaming division will remain a part of WarnerMedia.
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He writes that “Warner Bros. Interactive remains part of the Studios and Networks group,” in addition to several other brands that are “all aimed at engaging fans in our brands and franchises through games and other interactive experiences.”
Now it is important to keep in mind that this does not mean that things will not change in the future. AT&T may be supporting the hope of selling the gaming unit, or a deal just may not be reached yet. We’ll have to wait and see what the future holds, but at least in the short term, the WB Games department will remain a part of WarnerMedia.
After years of silence, Rocksteady Games has finally revealed its current project, a Suicide Squad game, with an official reveal coming on August 22nd. Meanwhile, a new Batman game is being developed by Warner Bros. Montreal all-but-confirmed. These projects will be part of the company’s initial efforts on the next generation of gaming consoles, with the Xbox Series X and PS5 still on the way to being released in Holiday 2020.
