Warner Bros‘ gaming revenue plummeted by 41% this quarter compared to last year. This sharp decline is primarily due to the disappointing performance of Suicide Squad: Kill the Justice League. The game’s failure starkly contrasts with the strong sales of Hogwarts Legacy in the previous quarter.
Revenue Decline and Its Causes
Suicide Squad was highly anticipated, developed by Rocksteady, the team behind the acclaimed Batman Arkham series. Despite the high expectations, the game did not meet fan or company expectations. Warner Bros attributed a significant part of their $200 million loss last quarter to the game’s poor sales.
Warner Bros’ gaming revenue decrease is part of a broader financial struggle, with the company losing nearly $10 billion last quarter. The TV and film divisions also saw losses, though upcoming releases like Superman: Legacy and The Batman Part 2 may help improve future earnings.
The disappointing results of Suicide Squad have led to speculation that Warner Bros might sell part of its gaming division to offset losses. The game’s latest update failed to attract players back, continuing the trend of underperformance.
