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Warner Bros. Took a $200 Million Hit Because of Suicide Squad - IGN Daily Fix
Warner Bros. Took a $200 Million Hit Because of Suicide Squad - IGN Daily Fix
ratings:
Length:
20 minutes
Released:
May 9, 2024
Format:
Podcast episode
Description
In today's Daily Fix:
Warner Bros. Discovery has revealed it took a $200 million hit in its Q1 financials, and Suicide Squad: Kill the Justice League is likely to blame. WBD compared the results to last year's Hogwarts Legacy, and found that Suicide Squad "generated significantly lower revenues." Hogwarts Legacy was last year's best-selling game and a huge critical and commercial hit for WBD. In other news, Matt Booty, the head of Xbox Game Studios, reportedly told staff the company wanted "smaller games that give prestige and awards"...right after they shut down Hi-Fi Rush developer Tango Gameworks. Hi-Fi Rush was a highly-praised game with a smaller budget compared to Bethesda's disastrous Redfall. Tango, Redfall developer Arkane Austin, and a few other studios were shuttered this week by Xbox. And finally, in some good news, Capcom is reportedly making more money than it ever has before, thanks to games like Street Fighter 6, Dragon's Dogma 2, and Resident Evil 4. The money is expected to keep rolling in, as Capcom is set to drop Monster Hunter Wilds next year.
Warner Bros. Discovery has revealed it took a $200 million hit in its Q1 financials, and Suicide Squad: Kill the Justice League is likely to blame. WBD compared the results to last year's Hogwarts Legacy, and found that Suicide Squad "generated significantly lower revenues." Hogwarts Legacy was last year's best-selling game and a huge critical and commercial hit for WBD. In other news, Matt Booty, the head of Xbox Game Studios, reportedly told staff the company wanted "smaller games that give prestige and awards"...right after they shut down Hi-Fi Rush developer Tango Gameworks. Hi-Fi Rush was a highly-praised game with a smaller budget compared to Bethesda's disastrous Redfall. Tango, Redfall developer Arkane Austin, and a few other studios were shuttered this week by Xbox. And finally, in some good news, Capcom is reportedly making more money than it ever has before, thanks to games like Street Fighter 6, Dragon's Dogma 2, and Resident Evil 4. The money is expected to keep rolling in, as Capcom is set to drop Monster Hunter Wilds next year.
Released:
May 9, 2024
Format:
Podcast episode
Titles in the series (40)
Development on Next-Gen Xbox Is "Full Speed Ahead" - IGN Daily Fix: In today's Daily Fix: Xbox president Sarah Bond has confirmed that development is well underway on the follow-up to the Xbox Series X. There had been rumors of late that Xbox might go third-party, after recently announcing that several first-party games will make it to PS5 and Switch. This news, plus info that leaked during the FTC v Microsoft trial confirm that Xbox will be a major player in game hardware for some time. In other news, we have some casting news on GTA 6, or rather, who isn't in the game: Troy Baker. And finally, a Persona 6 fan theory may have been confirmed. by IGN.com - Daily Fix (Video)