Since teasing a new Batman game all the way back in September 2019, WB Games has been whisper quiet. Now, we know what the hold-up might be, as the gaming division of Warner Bros. Interactive Entertainment is reportedly up for sale.
AT&T acquired Time Warner back in 2018 and it looks like the new parent company may have little interest in the games development and publishing business. According to a CNBC report, Take-Two Interactive, EA and Activision Blizzard are potential buyers for WB Games and such a deal would be worth around $4 billion.
Warner Bros. Interactive Entertainment owns a lot of studios, including Rocksteady, NetherRealm, Monolith Productions, Avalanche Software and others like WB Games Montreal. The company also has publishing deals with independent developers, like IO Interactive.
Much of WB Games’ success has come from the IP that Warner Bros. has access to, including Lord of the Rings, LEGO, Harry Potter and Batman. If the company’s gaming division and subsidiary studios are sold off, Warner Bros. Interactive Entertainment could still make money through licensing deals.
KitGuru Says: This is a pretty major turn of events, as WB owns some excellent studios and has its hands on a lot of great franchises. Big deals like this take a long time to complete though, so an official acquisition may not happen for some time.