AT&T May Not Be Selling Warner Bros. Interactive Any Time Soon

[Tsing]

Back in June, we reported that AT&T was exploring a sale of WarnerMedia’s video game unit, Warner Bros. Interactive, in a potential deal worth $4 billion. That may no longer be the case.



In a WarnerMedia organization update sent out Friday, CEO Jason Kilar confirmed that Warner Bros. Interactive remains part of the company’s Studios and Networks group under Pam Lifford’s (president of global brands and experiences) supervision. This doesn’t prove that AT&T is no longer interested in selling off its game division, but the fact that WarnerMedia isn’t restructuring it in any way is surprising, especially in light of acquisition rumors.



“The Warner Bros. Motion Pictures Group continues to be led by Chairman Toby Emmerich,” the...

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[Grimlakin]

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Actually as longa s the company itself is self sufficient and not too tied to other pieces / resources in the company they are fine. They could be sold tomorrow without a lot of fanfare. I've seen it happen a few times.