AT&T has struck a $43 billion deal with Discovery to unload its content divisions to create a new spinoff company. With Warner Bros. Interactive Entertainment included with the merger, it seems the studios that make up the games division will be split in some fashion.
It is still unclear specifically where studios will end up, but a rep told Axios writer Sara Fischer some studios will remain with AT&T while others will move to the new company. This is according to a tweet from Axios’ Stephen Totilo.
“Some of the gaming arm will stay with AT&T and some will go with the new company,” says the AT&T spokesperson. No other info was given about the merger. It seems the deal between the two companies came out of the blue as chief executive of WarnerMedia Jason Kilar has met with a legal team to discuss his separation from the company as he only became aware of the merger just recently.
WBIE is made up of 11 studios including Avalanche Software, Monolith Productions, NetherRealm Studios, Portkey Games, Rocksteady Studios, TT Games, WB Games Boston, WB Games Montreal, WB Games New York, WB Games San Diego, and WB Games San Francisco.
The entertainment giant WarnerMedia is responsible for incredibly popular franchises such as The Lord of the Rings, Game of Thrones, Harry Potter, and many of the DC Entertainment heroes you know and love. It is also the operator of the streamer HBO Max.
WBIE has aided in the release and production of some major and critically acclaimed video game titles in recent years such as Mortal Kombat 11, Hitman, Injustice 2, and Middle-Earth: Shadow of War. Current projects in the works include Gotham Knights, Hogwarts Legacy, Suicide Squad: Kill the Justice League, and Lego Star Wars: The Skywalker Saga.