Warner Bros. Games Lost Enormous Amount Of Money This Year, CEO Blames Lack Of "Consistency"

CEO David Zaslav indicated that Warner Bros. Discovery's gaming division is "underperforming its potential," emphasizing the need for more consistent releases to improve performance.

CFO Gunnar Wiedenfels stated that a total writedown of over $300 million in the games business was attributed to underperforming releases, with MultiVersus significantly contributing to the losses.

Despite the challenges, Warner Bros. Games experienced success with Hogwarts Legacy, a major hit, which sold more than 30 million copies globally and reaffirms the potential for single-player games.

Zaslav pointed out the disparity between the single-player success of Hogwarts Legacy and the disappointments from live-service games like Suicide Squad, advocating for a more focused strategy in the gaming division.

Read at GameSpot