Batman Arkham Series

A report from CNBC suggests AT&T is eager to sell its video game division Warner Bros. Interactive Entertainment for around $4 billion to help pay off some of its debt, valued at almost $200 billion.

Parties that are believed to have shown interest so far include Take-Two, Electronic Arts, and Activision Blizzard.

If a deal was to go ahead, the sale would include studios like NetherRealm (Mortal Kombat), Avalanche (Just Cause), 5th Cell (Scribblenauts), and Rocksteady (best-known for the Batman Arkham series).

It's worth pointing out this would not include ownership of IP like Batman or Harry Potter. Instead, AT&T is likely to arrange a "commercial licensing agreement" - allowing it to continue to earn revenue from its IP.

According to sources, no deal is assured or imminent. If we hear anything else - we'll let you know. What company would you like to see to acquire the WB gaming division? Leave a comment below.

[source ign.com]