So, this is a random development. CNBC is reporting that AT&T is seeking to sell Warner Bros. Interactive Entertainment for in the area of $4 billion, and Electronic Arts (EA), Activision Blizzard, and Take-Two Interactive are said to all be interested. While “No deal is assured or imminent,” negotiations are reportedly underway nevertheless. No company has gone on record about this development as of yet.
Warner Bros. Interactive, by virtue of very obviously being part of Warner Bros, contains franchises such as Harry Potter, The Lego Movie and assorted Lego games, Game of Thrones, Mortal Kombat, and Scribblenauts. A deal would also presumably include the likes of Batman: Arkham and other DC Comics ventures.
As CNBC explains it, AT&T is seeking to sell this arm of the company as one step of its process to reduce its $165 billion debt. Incidentally, much of this debt was taken on when AT&T purchased Time Warner for $109 billion that completed in 2018.
What effect, if any, the sale of of Warner Bros. Interactive Entertainment would have on its assorted games in development is unclear. EA, Activision Blizzard, and Take-Two Interactive all know a thing or two about how to manage video game IP though, so these assorted franchises would likely be in safe hands.
Where do you hope these WB projects end up, if AT&T does indeed sell?