A couple of months back, reports emerged that Warner Bros. Interactive Home Entertainment (or WB Gamings) were up for sale as moms and dad firm AT&T aimed to resolve its financial debts as well as simplify interior structuring by liquidating possessions. Microsoft, EA, Activision, and also Take-Two Interactive emerged as the frontrunners in what was possibly looking like a multi-billion dollar offer.
Nonetheless, much less than a month ago, it started appearing like points had actually changed for WB Games, which AT&T were no more wanting to market the business off. Now, a brand-new record by Bloomberg declares the very same. As per the report, many thanks to a current adjustment in leadership at AT&T (with former COO John Stankey having stepped in as CEO in very early July), the business currently thinks about WB Games “too beneficial”, as well as sees value in the possible development of its business, especially with some significant releases coming up.
The one launch that Bloomberg’s record discusses particularly is the rumoured upcoming Harry Potter RPG, which might turn out to be a significant business success if things go right. Other variables are also at play, such as all the licensing setups that would have gone together with a potential sale of the whole WB Games department.
WB Gamings has a number of other major video games releasing in the next few years also, with Gotham Knights due out in 2021, as well as Suicide Team: Eliminate the Justice League set for a 2022 launch.