Warner Bros Discovery has announced sweeping cuts to its gaming division following a disappointing 2024 performance, shuttering three studios and cancelling its planned Wonder Woman game, according to an internal memo from JB Perrette, the company's CEO and President of Global Streaming and Games.
The restructuring will see the closure of Monolith Productions, Player First Games, and WB Games San Diego. Monolith Productions, known for its critically acclaimed Lord of the Rings titles—Middle-Earth: Shadow of Mordor and Shadow of War—was set to leverage its popular Nemesis system on a Wonder Woman project announced in 2021. However, the studio will now be shuttered as part of the broader overhaul.
Player First Games, acquired by Warner Bros Discovery last year and responsible for the platform fighting game MultiVersus, which initially attracted 20 million players, will also be closed. The company had already announced plans to shut down the online services for MultiVersus at the end of its fifth season this May.
Additionally, WB Games San Diego, which was developing AAA free-to-play gaming experiences, will cease operations. This move comes on the heels of layoffs at WB Games Montreal and a pullback on the game Suicide Squad: Kill the Justice League, signaling deep cuts across the division.
In the internal email, Perrette emphasized the need for a strategic refocus: “We need to make some substantial changes to our portfolio/team structure if we are to commit the necessary resources to get back to a ‘fewer but bigger franchises’ strategy.” Going forward, Warner Bros Discovery’s gaming efforts will concentrate on four core properties: Harry Potter (including Hogwarts Legacy), Mortal Kombat, the DC universe, and Game of Thrones.
The decision reflects a broader industry trend of consolidating resources around fewer, more robust franchises amid mounting pressure to deliver blockbuster gaming experiences. As Warner Bros Discovery pivots its strategy, the impact of these cuts will be closely watched by investors and industry analysts alike.
Pakistan has indicated its openness to forming a regional bloc with Bangladesh without including India. The statement from Islamabad follows comments ...
President Javier Milei has introduced a new labour reform proposal to Argentina’s Congress, aiming to address what his administration describes as a...
The global centre of political gravity is increasingly moving from the Atlantic to the Pacific, a development with significant implications for the So...
Turkish President Recep Tayyip Erdoğan will visit Turkmenistan on 11–12 December to attend the International Peace and Security Forum in Ashgabat....
The South Caucasus is witnessing a notable recalibration of geopolitical alignments, with Azerbaijan and Armenia both pursuing strategic partnerships ...
Paramount Skydance (PSKY.O) has launched a $108.4 billion hostile takeover bid for Warner Bros Discovery (WBD.O). The escalation follows a high-stakes battle that had appeared to end last week when Netflix secured a $72 billion deal for the studio giant’s assets.
Netflix’s plan to buy Warner Bros marks a rare moment in Hollywood where scale, risk and ambition collide. The agreement, announced on 5 December, puts a price of roughly 82.7 billion dollars on one of the film industry's most influential studios.
Warner Bros. Discovery will divide into two separate publicly traded companies, aiming to sharpen focus and maximize the value of its expansive media assets, the company announced Monday.
Warner Bros and Jinjiang International plan to open a "Harry Potter Studio Tour" in Shanghai by 2027, offering a behind-the-scenes look at the films. The project, part of a theme park redevelopment, awaits regulatory approval.
Scores of demonstrators gathered outside the Norwegian Nobel Institute in Oslo Tuesday (9 December) to protest against the awarding of this year’s Nobel Peace Prize to Venezuelan opposition leader Maria Corina Machado.
The world’s leading minds and voices will be honoured on Wednesday, 10 December, the anniversary of Alfred Nobel’s death, as Nobel Prizes are presented in Stockholm and Oslo.
In a dramatic Champions League clash at Baku’s Tofiq Bahramov Stadium, Qarabağ grabbed an early lead, but Ajax staged a thrilling comeback to win 4-2.
At least 19 people were killed and 16 injured as two buildings collapased in Morocco's Fes city according to the state news agency.
Iran's President Massoud Pezeshkian has begun a two day visit to Kazakhstan, with officials from both sides describing the trip as an opportunity to advance cooperation in trade, transport, industry, mining and cultural exchanges.
Time Magazine has chosen the creators behind artificial intelligence as its 2025 Person of the Year, highlighting the technology’s sweeping impact on global business, politics and daily life.
Children are forming new patterns of trust and attachment with artificial intelligence (AI) companions, entering a world where digital partners shape their play, their confidence and the conversations they no longer share with adults.
The International Robot Exhibition (IREX) opened in Tokyo on 3 December, bringing together visitors to explore robotics applications for industry, healthcare, logistics, and everyday life.
A bipartisan group of U.S. senators, including prominent Republican China hawk Tom Cotton, introduced the SAFE CHIPS Act on Thursday, aiming to prevent the Trump administration from easing restrictions on China’s access to advanced artificial intelligence (AI) chips for a period of 2.5 years.
A former Apple engineer has unveiled a new Chinese chip designed to compete directly with Apple’s Vision Pro headset.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment