AT&T looking to sell Warner Bros. gaming division

Take-Two Interactive, Electronic Arts and Activision Blizzard have all expressed interest in buying the division

AT&T is currently in talks to sell of their Warner Bros. Interactive Entertainment gaming division. The move could fetch the company some $4 billion, according to those familiar with the ongoing talks.

A number of publishers including Take-Two, EA, and Activision Blizzard have expressed interest in picking up the division. Any deal would likely involve a licensing deal that would allow AT&T to reap revenue from their Warner-owned IPs.

The move comes as AT&YT is looking to divest its assets in an attempt to deal with nearly $200 billion in debt.

Source: https://cnb.cx/2YtzzXV

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