AT&T May Not Be Selling WBIE After All

A WarnerMedia Organization Update was sent to all employees of the Warner Media Group on Friday suggesting that AT&T is moving away from whatever plans they had to divest themselves of their gaming properties (thanks Eurogamer.net). Reports surfaced a couple of months ago saying they were looking to sell Warner Bros. Interactive Entertainment and possible customers included Take-Two Interactive, Electronic Arts, and Activision Blizzard. These reports heated up more recently with the news that Microsoft might also be interested in buying. But at least for now, CEO Jason Kilar says WBIE will continue to be part of their Studios and Networks group:
The Warner Bros. Motion Pictures Group continues to be led by Chairman Toby Emmerich. Warner Bros. Television Studios group continues to be led by Chairman Peter Roth. Warner Bros. Interactive remains part of the Studios and Networks group, along with our Global Brands and Franchises team including DC led by Pam Lifford, and our Kids, Young Adults and Classics business led by Tom Ascheim, all focused on engaging fans with our brands and franchises through games and other interactive experiences.
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Re: AT&T May Not Be Selling WBIE After All
Aug 11, 2020, 09:18
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Re: AT&T May Not Be Selling WBIE After All Aug 11, 2020, 09:18
Aug 11, 2020, 09:18
 
A lot of press wrote on this based on face value of the internal e-mail (shocker) but this very good legal channel goes into detail about how this actually means it's more likely to be for sale, not less: https://www.youtube.com/watch?v=avPbbwO7Eoc
Parallax Abstraction
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Re: AT&T May Not Be Selling WBIE After All