Microsoft is reportedly looking to sell off its Xbox Entertainment Studios, according to Hollywood Reporter. This comes just a month after Xbox boss Phil Spencer announced that Microsoft will be shutting down the studio.
The report has stated that Warner Bros. is in preliminary talks with Microsoft to purchase the studio. The Xbox Entertainment Studios would be merged with Machinima, the video game based YouTube network.
A Warner Bros. spokeswoman stated that the studio is "constantly having preliminary discussions regarding business opportunities with numerous companies at any given time. A conversation is just that — a conversation."
With talks still remaining preliminary a deal might not be reached. However, Xbox Entertainment Studios has several projects that are being worked on and has a team of experienced development executives. A deal might make sense for Warner Bros.
A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel dedicated to gaming Let's Plays and tutorials. Outside, in the real world, he has a passion for the outdoors which includes everything from hiking to having received his B.A. in Environmental Studies. You can contact the author at firstname.lastname@example.org or on Twitter @TrunksWD.