« We took another $100 million plus impairment due to the underperforming releases, primarily MultiVersus this quarter »
Things certainly haven’t gone Warner Bros’ way over the past two years. While they’ve had success with Hogwarts Legacy and Mortal Kombat 1, they’ve underperformed with Gotham Knights, Suicide Squad: Kill the Justice League and Harry Potter: Quidditch Champions – and now it turns out that MultiVersus has also flopped badly.
IGN reports that CFO Gunnar Wiedenfels admits the game has caused losses of nearly $100 million, and in connection with the latest quarterly report he said:
« We took another $100 million plus impairment due to the underperforming releases, primarily MultiVersus this quarter, bringing total writedown year-to-date to over $300 million in our games business, a key factor in this year’s studio profit decline.
