Warner Bros. Games Faces Major Losses as MultiVersus Underperforms
TL;DR Summary
Warner Bros. Games is facing significant financial challenges, with MultiVersus underperforming and contributing to a $300 million writedown in 2024. Despite regular content updates, the game's player base has dwindled since its May re-launch, and issues like balance problems and high-priced content have deterred players. Warner Bros. is now focusing on more stable franchises like Game of Thrones and Mortal Kombat, amid rumors of selling its gaming division. The future of MultiVersus remains uncertain.
- MultiVersus is critically underperforming according to Warner Bros. Games financial call EventHubs
- Warner Bros. Admits MultiVersus Underperformed, Contributing to Another $100 Million Hit to Revenue in Its Games Business IGN
- Warner Bros. Games Focusing on Batman, Mortal Kombat, And Hogwarts Legacy Moving Forward Insider Gaming
- Warner Bros. Games Lost Enormous Amount Of Money This Year, CEO Blames Lack Of "Consistency" GameSpot
- Warner Bros Discovery says its games division is "substantially underperforming" GamesIndustry.biz
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