According to some earlier reports, AT&T, the parent company of WB Games, was looking to sell off its game division. However, a new report now suggests that the company has changed its mind and has held back from selling WB Games.
WB Games includes some amazing video game developers such as Rocksteady, NetherRealm, and Warner Bros. Montreal. If AT&T would have sold WB Games, everything including the listed developers would have gone with it. The sale was said to be worth $4 billion, which could have helped AT&T in clearing up the massive debt that it is currently facing. Big players like EA and Microsoft were interested in securing the deal, however it seems that the sale may now be off the table.
Even a Bloomberg report suggested that AT&T has removed Warner Bros. Interactive Entertainment from the sales list. Many factors could have influenced this decision, but Bloomberg states that according to AT&T, WB Games was too valuable and the studio shows high growth potential. Another factor that could have influenced the decision is the change in AT&T leadership in July that saw John Stankey taking over the role of CEO from Randall Stephenson. It's still important to note, however, that sales decisions can change anytime.
WB Games recently announced two highly anticipated games, Gotham Knights and Suicide Squad: Kill the Justice League, at DC FanDome. The studio is also rumored to be working on a Harry Potter RPG. All of this could have also led to the decision of pulling off WB Games from the sales list.
WB Games' Gotham Knight and Suicide Squad: Kill the Justice League will be launching on the next-gen PS5 and Xbox Series X. It makes sense why AT&T would want to hold onto WB Games as the studio currently has a lot going for it.
Gotham Knights and Suicide Squad: Kill the Justice League are scheduled to release in 2021 and 2022, respectively.
