Microsoft interested in buying Warner Bros' gaming unit

Microsoft and Warner Bros' gaming unit deal could be worth about $4 billion


Reuters/AFP July 07, 2020
PHOTO: REUTERS

Microsoft has expressed interest in buying Warner Bros' gaming unit, The Information reported on Monday, citing two people familiar with the matter.

Online gaming has proved a welcome diversion for many people chafing at movement restrictions, the cancellation of countless public events, and a relentless onslaught of news about the pandemic.

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Warner Bros parent AT&T was discussing a sale of its Interactive Entertainment gaming division that owns popular videogame “Mortal Kombat” for a deal that could be worth about $4 billion, CNBC reported last month.

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Microsoft and AT&T did not immediately respond to requests for comment on The Information report.

Further, Microsoft last month unveiled games for its new Xbox console coming this year, wooing fans hungry for escape in a time of the pandemic.

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