Warner Bros. Took a $200 Million Hit Because of Suicide Squad - IGN Daily Fix
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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.
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