Warner Bros. Games is no longer up for sale and has said to be “too valuable” according to a new report.Back in June, AT&T – the parent company who owns Warner Bros‘ various gaming studios – was looking to sell Warner Bros.
Games to pay off outstanding debts, and was said to have attracted interest from companies such as Microsoft, Activision and EA at the time.According to a new report from Bloomberg with people familiar with the situation, this is no longer the case as it’s reportedly been deemed “too valuable to unload during its effort to pay down debt and streamline”.
The report stated that the decision came amid a leadership change within the company during July, after chief operating officer John Stankey took over as chief executive.
Read more on nme.com
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