A new report has shed light on the turmoil at Warner Bros. Games, while providing an update on the various projects in the works at its developers.
Bloomberg’s Jason Schreier reported on concern about the upcoming slate of games from Warner Bros. Games following the exit of chief David Haddad.
The company has had a troubled 12 months, first with the catastrophic release of Rocksteady’s Suicide Squad: Kill the Justice League, then the disappointing release of Smash Bros.-style brawler MultiVersus.
Warner Bros. Discovery has said Suicide Squad: Kill the Justice League’s failure contributed to a $200 million hit to its business, and MultiVersus added another $100 million on top. Warner Bros. Games' only other recent release was Harry Potter: Quidditch Champions, which failed to make an impression.
Speaking in a financial call, Warner Bros. Discovery President and CEO David Zaslav said: "We recognise [the games business] is substantially underperforming its potential right now.”
Since then, Suicide Squad: Kill the Justice League post-launch content has come to an end with the delivery of its year one roadmap, and Warner Bros. has announced the impending closure of MultiVersus. Rocksteady, meanwhile, has suffered significant layoffs.
There are also question marks over Mortal Kombat 1’s financial performance, although NetherRealm chief Ed Boon recently announced over five million sales and teased future DLC following the release of the T-1000 Terminator guest character.
During the same financial call, Zaslav said Warner Bros. was doubling down on just four games: Hogwarts Legacy (a sequel is already in the works), Mortal Kombat, Game of Thrones, and DC, "in particular Batman."
"We are focusing our development efforts on those core franchises, with proven studios to improve our success ratio," Zaslav added.
But it may be some time before fans see the result of this work. Bloomberg said Monolith Productions’ Wonder Woman game is in trouble after reportedly rebooting and switching
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