Warner Bros. Games Faces $300 Million Loss, Shifts Focus to Key Franchises
The company plans to concentrate on successful titles like Hogwarts Legacy and Mortal Kombat after disappointing releases in 2024.
- Warner Bros. Games reported a $300 million loss this year, attributed to underperforming titles like MultiVersus and Suicide Squad: Kill the Justice League.
- CEO David Zaslav acknowledged the company's gaming division is not reaching its potential, citing a need for more consistent releases.
- The company will prioritize its most successful franchises, including Hogwarts Legacy, Mortal Kombat, DC Comics, and Game of Thrones.
- A sequel to the commercially successful Hogwarts Legacy is in development, alongside a definitive edition with additional content.
- Despite setbacks, Warner Bros. Games remains committed to exploring live-service games and licensing its IP to third-party studios.