Warner Bros. parent suggests its games business is staying put
According to several reports this Summer, Mortal Kombat and Batman Arkham publisher Warner Bros. Interactive had been put up for sale.
According to reports from CNBC and The Information, Warner’s parent company AT&T was looking to generate around $4 billion to pay off some of its substantial debt. Electronic Arts was said to be one of the interested parties, alongside Take-Two, Microsoft and Activision Blizzard.
However, in an extensive update on plans to restructure the Warner group, it looks like the games division is staying put.
Warner Media CEO Jason Kilar said that following proposed changes to the company, “Warner Bros. Interactive remains part of the Studios and Networks group.”
The news coincides with the announcement of a new title from Rocksteady (Batman Arkham Knight) based on DC’s Suicide Squad. The UK-based studio will reveal more details on the game during DC’s FanDome event on August 22, it said on Friday.
Warner Bros. Interactive also owns NetherRealm (Mortal Kombat), TT Games (Lego), Monolith (Middle-Earth: Shadow or War) and internal studios based in Montreal, Boston, New York and San Francisco.
Posted:
Related Forum: Gaming Discussion
Source: https://www.videogameschronicle.com/news/warner-bros-suggests-its-games-business-is-staying-put/
Related Articles
Comments
BONDGUY8514697Posted:
Check out Hoeg Law's video on this. Even in own opinion based off my experience, it seems it's the opposite case.
Latest Downloads
- 01. Euro Truck Simulator 2: SaveGame (6.16% Roads, All DLC) [1.51.1.1s](0)
- 02. My Summer Car: SaveGame (Quest: Failed Drift)(0)
- 03. SnowRunner: SaveGame (all trucks are open) [32.1](2)
- 04. [PS4/EU] Hatsune Miku: Project DIVA Future Tone 100% Trophy Save(4)
- 05. Silent Hill 2 Remake: SaveGame (Motel Jacks, NG+)(1)
- 06. Phasmophobia: SaveGame (XX-2000, $594,965,799, 3 apocalypse skulls + bonus)(2)
- 07. Satisfactory: SaveGame (Observation deck)(1)
- 08. [EU] Sniper Elite 5 - Best Of The Best (CUSA16075)(8)
- 09. Voices Of The Void: SaveGame (All improvements for work + 7 days passed) [0.8.0](1)
- 10. Silent Hill 2 Remake: SaveGame (NG+, ending "Maria")(1)
- 11. Five Nights at Freddy's- Security Breach Save(9)
- 12. Commandos 2 - HD Remaster: SaveGame (All missions are open)(0)
- 13. Black Myth: Wukong - SaveGame (100%, NG++)(4)
- 14. Mindjack save xbox(0)
- 15. mindjack ps3 save(0)
Latest Tutorials
- 01. PS3 HEN - Audio via a USB headset.(311)
- 02. Stumble Guys | Social Butterfly Achievement(201)
- 03. Last Days of Lazarus Achievement Walkthrough (Xbox/PS)(1,462)
- 04. EDENGATE: The Edge of Life - 100% Trophy/Achievement Guide(1,824)
- 05. Sherlock Holmes Chapter One | Walkthrough | No Commentary(1,464)
- 06. Morbid: The Seven Acolytes | Full Game Walkthrough(2,442)
- 07. Adam Wolfe | Full Game Walkthrough | No Commentary(1,576)
- 08. ALFRED HITCHCOCK: VERTIGO - 100% Walkthrough(1,898)
- 09. SHERLOCK HOLMES THE AWAKENED | Walkthrough | No Commentary(1,335)
- 10. Space Roguelike Adventure | Guide - Cheat Code!(1,536)
- 11. DETECTIVE Stella Porta Case | Trophy & Achievement Guide(1,195)
- 12. Tunic 100% Platinum Walkthrough | Trophy & Achievement Guide(1,826)
- 13. Outbreak: The Nightmare Chronicles Achievement Walkthrough(1,465)
- 14. Full Void 100% - Trophy & Achievement Guide(1,445)
- 15. Outbreak: Lost Hope #Xbox Achievement Walkthrough(2,289)
"Warner Bros. parent suggests its games business is staying put" :: Login/Create an Account :: 2 comments