AT&T is backing away from earlier reports it could sell its Warner Bros. video game unit. In July, AT&T was reportedly exploring a potential sale of the division for upwards of $4 billion with major game developers as potential suitors.
The gaming unit publishes a variety of games, including titles under the Harry Potter and Mortal Kombat brands.
While that asset is off the table, AT&T continues to look to spin off parts of its business as reports suggest it’s exploring deals including its digital ad unit and DirectTV.
These discussions come a few months after there were reports DraftKings was interested in purchasing Bleacher Report from the company. A potential Bleacher Report sale hasn’t surfaced again recently, but the media company did shutter its B/R Mag long-form unit earlier this month.