“We have four strong and profitable game franchises with loyal, global fans: Hogwarts Legacy, Mortal Kombat, Game of Thrones, and DC, in particular Batman.
Unsurprisingly, following those major stumbles, WB Games is now looking to buckle up and refocus on a handful of core franchises that it hopes will enjoy greater success going forward.
2024 has been a disastrous year for WB Games, having started out with Suicide Squad: Kill the Justice League failing so spectacularly that it cost the company $200 million, while MultiVersus has also ended up underperforming, contributing to an additional $100 million writedown on top of that.
We are focusing our development efforts on those core franchises, with proven studios to improve our success ratio.”