Connect with us

News

AT&T refused to sell Warner Bros. game division

Published

on

AT&T refused to sell Warner Bros. game division

According to Bloomberg sources, AT&T is no longer considering selling Warner Bros. Interactive Entertainment. According to the news agency, the video games division has been removed from the list of “non-core assets” as its management is already trying to optimize costs and pay off debts.

Perhaps the decision was partly due to a change in senior management at AT&T – in July, John Stankey, one of the heads of WarnerMedia, took over as chief operating officer.

That the holding could get rid of the WB gaming division was initially reported by CNBC in June, estimating a potential deal worth up to $ 4 billion. The information was later confirmed by other media, however, WarnerMedia claimed that WB Games will remain part of the company.

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Manage Cookie Settings