Warner Bros Discovery is shutting down three video game development studios—Player First Games, WB Games San Diego, and Monolith Productions—as part of a strategy to enhance profitability for its gaming division during a slow market recovery. Development on Monolith's Wonder Woman game will also cease. This move reflects broader trends in the video game industry, where inflation has led consumers to reduce spending on new titles. The company now aims to concentrate on established franchises like Harry Potter and Mortal Kombat, adapting to the current economic climate.
Warner Bros Discovery is shutting down three of its video game development studios in a move aimed at boosting profitability for its gaming division amid a sluggish recovery.
The decision to close the studios reflects wider challenges in the video game industry as gamers cut back on new purchases and instead opt for proven titles amid inflation.
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