Microsoft reportedly interested in acquiring WB Interactive
According to a report, Microsoft has also set its sights on acquiring Warner Bros.’s video game division from AT&T.
According to a report by The Information, it appears that Microsoft has also set its sights on acquiring Warner Bros.’s video game division from AT&T. They join the likes of Activision Blizzard, EA, and Take-Two Interactive in a bid to boost their game development portfolio.
While the deal will not include Warner Bros. properties like Batman, the studios included in the acquisition will likely be able to secure a license to continue the franchises based on these IPs in the future. These developers include Rocksteady Games, NetherRealm Studios, and WB Games. On the other hand, it looks like Mortal Kombat could be included with the purchase of NetherRealm Studios.
A lack of Xbox exclusives could mar the launch of Microsoft’s new console, the Series X. However, turning NetherRealm Studios into a 1st-party studio could mean that fans of the franchise will definitely consider purchasing the next-gen console. The sale will represent a big step in bolstering Xbox’s offering.
In 2019 during E3, Microsoft announced the acquisition of multiple game studios and expressed an intent to grow even bigger with more exciting games. Purchasing WB Interactive is certainly a big step further down this path.
In June CNBC revealed that AT&T is considering selling its video games division for an estimated amount of $4 billion, which includes its entire WB Games development and possibly publishing staff.