AT&T has been in the gaming news a lot lately. Most of the news concerning them has been rampant speculation about who will end up with the keys to the WB Games kingdom, which they currently preside over. That speculation can officially be laid to rest, as a recent report by Bloomberg states that the multimedia corporation has cancelled all plans to sell. It’s still unclear exactly why the company has decided not to sell, however Bloomberg cites, among other reasons, the COVID-influenced gaming boom that has continued to grow as stay-at-home orders have dragged on.
“A few factors may have influenced AT&T’s retreat from the sale process. Among them is the upcoming release of a potentially popular Harry Potter game that allows players to take on roles as different characters and explore the Hogwarts wizard academy. And as the Covid-19 pandemic has closed megaplexes, people are seeking out different sources of entertainment. New video-game releases are landing like blockbuster movies”
Nintendo fans can breathe a sigh of relief with this news, as WB has consistently supported the Nintendo Switch with the likes of Mortal Kombat, Scribblenauts and just about every LEGO game that has released in the past four years. The sale of their studios and its licenses could have ended with some or all of those franchises as exclusives on other platforms.
AT&T is in a tough spot financially, and while this writer is no financial expert, I could only describe selling a publisher with the likes of LEGO and Batman — especially in the largest gaming boom ever — as desperate and foolish. Thankfully, they’ve come to their senses and will maintain their ownership of WB Games for the foreseeable future.
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