Warner Bros. could buy Xbox Entertainment Studios
According to the Hollywood Reporter Xbox Entertainment Studios might be closing down but it is not necessarily the end of the studios.
The Hollywood Reporter claim that sources have told them that Microsoft is shopping for a new home for Xbox Entertainment Studios and have had preliminary talks with Warner Bros. A Warner Bros. spokeswoman told The Hollywood Reporter 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.”
If the potential buy out was to go ahead it is likely Warner Bros. would merge XES with Machinima however both declined to comment on the situation. Microsoft announced the huge cuts to the company last month with XES being shut down and as many as 18,000 staff being laid off.
http://xploregaming.com/2014/08/15/warner-bros-could-buy-xbox-entertainment-studios/
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