It was recently announced that Warner Bros Interactive Entertainment is up for sale by AT&T. This means some very well known and talented studios are up for grabs. Currently, Warner Bros Interactive Entertainment studios include TT Games, Rocksteady Studios, NetherRealm Studios, Monolith Productions, WB Games Boston, Avalanche Software, Playdemic, WB Games Montreal, WB Games San Francisco, and WB Games San Diego. With the grand prize, of course, being Rocksteady and NetherRealm Studios. These studios make some very popular games such as Harry Potter, Lego, Mortal Kombat, Batman Arkham series, and Game of Thrones. As of today there are rumored to be a handful of companies who are interested in buying. Those include Take-Two Interactive, EA, and Activision Blizzard. According to CNBC, any deal would be worth upwards to $4 Billion. That’s a very heft price tag that most companies would flinch at. There are very few companies that have this much capital on hand. One of those companies and one who would benefit from the purchase is Microsoft. In the past few years, Microsoft has been buying up gaming studios to bolster its portfolio. For the most part, these studios have been smaller when compared to the 343i size studios of the world. Additionally, Microsoft has shown the willingness to buy big as they purchased Minecraft’s Swedish game developer Mojang in 2014 for $2.5 Billion. This investment proved to be prudent as the company has made a killing on the franchise with games and merchandise.
September 21, 2023
September 19, 2023