Microsoft Interested in Buying Warner Bros' Gaming Unit: Report

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

Share on Facebook Tweet Snapchat Share Reddit Comment
Microsoft Interested in Buying Warner Bros' Gaming Unit: Report

AT&T was discussing a sale of its Interactive Entertainment for a deal that could be worth $4 billion

Highlights
  • Microsoft and AT&T did not immediately respond to requests for comment
  • Microsoft Mixer will be shuttered on July 22
  • The gamers will be encouraged to transition to Facebook Gaming

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

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 (roughly Rs. 29,958 crores) , CNBC reported last month.

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

In June, Microsoft said it was throwing in the towel on its livestream gaming platform Mixer and teaming up with Facebook to better compete with rivals like Amazon-owned Twitch. Microsoft Mixer will be shuttered on July 22, the tech giant said in a statement.

"It became clear that the time needed to grow our own livestreaming community to scale was out of measure with the vision and experiences that Microsoft and Xbox want to deliver for gamers now, so we've decided to close the operations side of Mixer and help the community transition to a new platform," the Mixer team said.

The gamers will be encouraged to transition to Facebook Gaming, which has some 700 million people who play or watch games every month.

"We will work to transition the Mixer community over the next few weeks. Starting on July 22, all Mixer sites and apps will redirect users to Facebook Gaming," said by Phil Spencer, head of Xbox, the gaming division of Microsoft,

Microsoft announced it was buying the livestream service Beam in August 2016 to bolster its effort to boost its ranks of people who play and watch games online.


Why do Indians love Xiaomi TVs so much? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below.

Comments

For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. For the latest videos on gadgets and tech, subscribe to our YouTube channel.

Further reading: Microsoft, Warner Bros, AT&T, Gaming
Poco M2 Pro vs Poco X2: What's the Difference?
Airtel Offers ‘Priority 4G Network’ With Faster Speeds, Preferential Service for Platinum Customers

Related Stories

 
 

Advertisement

Advertisement

© Copyright Red Pixels Ventures Limited 2020. All rights reserved.
Listen to the latest songs, only on JioSaavn.com