The poor performance of MultiVersus has played a major role in the business loss of Warner Bros
Warner Bros. says that the poor performance of the MultiVersus game played a major role in reducing the profitability of the company's gaming division compared to last year.
In the latest news of Gamingbolt, we read that MultiVersus, a fighting and multiplayer game inspired by Nintendo's Super Smash Bros. fighting series, was launched earlier this year after a long beta and a big break to prepare for the full and final release. became. However, it seems that the commercial performance of this game was much weaker than the publishing company expected.
The Warner Bros. Gaming division announced in its recent financial report meeting that not only did the MultiVersus game not appear at the expected level, but its performance was so poor that it played an important role in reducing the publisher's profitability by $100 million and added to the company's heavy losses this year. It should be noted that the disastrous performance of the game Suicide Squad: Kill the Justice Squad this year has also put Warner Bros.'s gaming division in a critical situation.
In this regard, David Zaslav , CEO of Warner Bros. Discovery noted: "We know that Warner Bros.'s gaming business is currently significantly under-utilizing its potential." Further, Gunnar Weidenfels , the company's CFO, added: "We lost another $100 million in addition to the decrease in the value of our stock due to the release of poor games. "In the most recent quarter, the poor performance of MultiVersus played an important role in reducing the overall sales of our gaming business to $300 million compared to the same period last year, which makes it a key factor in the decline of the company's profit this year."
Warner Bros. announced in an official statement that after its poor performance in releasing recent games, it has decided to focus more on the four series Hogwarts Legacy, Mortal Kombat, Batman and Game of Thrones.
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