{"id":24872,"date":"2020-06-12T16:06:45","date_gmt":"2020-06-12T23:06:45","guid":{"rendered":"https:\/\/theculturednerd.org\/?p=24872"},"modified":"2021-06-15T14:09:43","modified_gmt":"2021-06-15T21:09:43","slug":"att-in-talks-to-possibly-sell-wb-games","status":"publish","type":"post","link":"https:\/\/theculturednerd.org\/?p=24872","title":{"rendered":"AT&#038;T in talks to possibly sell WB Games"},"content":{"rendered":"\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"360\" height=\"200\" src=\"https:\/\/theculturednerd.org\/wp-content\/uploads\/2020\/06\/A277E728-12C7-4A3F-8835-ADE59BB611DD.jpeg\" alt=\"\" class=\"wp-image-24882\" srcset=\"https:\/\/theculturednerd.org\/wp-content\/uploads\/2020\/06\/A277E728-12C7-4A3F-8835-ADE59BB611DD.jpeg 360w, https:\/\/theculturednerd.org\/wp-content\/uploads\/2020\/06\/A277E728-12C7-4A3F-8835-ADE59BB611DD-300x167.jpeg 300w\" sizes=\"auto, (max-width: 360px) 100vw, 360px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><em><strong>Batman: Arkham<\/strong><\/em>, <strong><em>Injustice<\/em>,<\/strong> <em><strong>Mortal Kombat<\/strong><\/em>\u2014all these series may be under drastically new leadership in the near future. According to a report from <a rel=\"noreferrer noopener\" href=\"https:\/\/www.cnbc.com\/2020\/06\/12\/att-seeks-sale-for-warner-gaming-unit-could-fetch-4-billion.html\" target=\"_blank\">CNBC<\/a>, <strong>AT&amp;T<\/strong> seeks to sell <strong>Warner<\/strong> <strong>Bros. Interactive Entertainment<\/strong> (<strong>WB Games<\/strong>) as they consider a list of potential buyers.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The report adds that $4 billion is likely the price AT&amp;T will secure for this asset. Among the potential buyers are <strong>Take-Two Interactive <\/strong>(owners of Rockstar Games and 2K), <strong>Electronic Arts<\/strong> (owners of the <em>Madden<\/em> and <em>WWE<\/em> licenses) and <strong>Activision Blizzard<\/strong> (owners of the <em>Call of Duty<\/em> and <em>World of Warcraft<\/em> franchises).<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The reason for selling a brand with popular titles is strictly business. AT&amp;T is looking to divest assets after their recent major acquisition of <strong>Time Warner<\/strong> in 2018. Divestment is an option for companies when they own multiple diverse companies and want to reduce the load of assets and debt related to those companies. This ultimately allows AT&amp;T to focus more fully on the <strong>WarnerMedia<\/strong> portion of their company, which includes the recently released <strong>HBO Max<\/strong> streaming platform.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Cultured Nerd will update this situation when more official announcements of the sale and other details become available.<\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"entry-summary\">\nAT&#038;T looks to sell WB Games, which includes popular titles such as  &#8220;Batman: Arkham&#8221; and the &#8220;Mortal Kombat&#8221; properties.\n<\/div>\n<div class=\"link-more\"><a href=\"https:\/\/theculturednerd.org\/?p=24872\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &ldquo;AT&#038;T in talks to possibly sell WB Games&rdquo;<\/span>&hellip;<\/a><\/div>\n","protected":false},"author":89,"featured_media":24882,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[812,2,813,6,24],"tags":[1781,2863,1057,97,1544,368,1006,2862,1565],"class_list":["post-24872","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","category-comics-videogames","category-entertainment","category-film-tv","category-gaming","tag-activision","tag-activision-blizzard","tag-att","tag-batman","tag-electronic-arts","tag-injustice-gods-among-us","tag-mortal-kombat","tag-take-two","tag-warner-bros-interactive-entertainment","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>AT&amp;T in talks to possibly sell WB Games - The Cultured Nerd<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/theculturednerd.org\/?p=24872\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AT&amp;T in talks to possibly sell WB Games - The Cultured Nerd\" \/>\n<meta property=\"og:description\" content=\"AT&amp;T looks to sell WB Games, which includes popular titles such as &quot;Batman: Arkham&quot; and the &quot;Mortal Kombat&quot; properties. 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