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.
Chinese travellers made an estimated 362.58 million cross-regional passenger trips on Monday, the final day of the Spring Festival holiday, according ...
Thousands of people gathered across Europe and beyond over the weekend in solidarity with Ukraine, as the war with Russia entered its fifth year....
A powerful winter storm has brought large parts of the U.S. Northeast to a standstill, dumping more than a foot of snow across several states and seve...
The United Nations mission in Afghanistan said on Monday it had received “credible reports” that at least 13 civilians were killed and seven other...
Four members of Syria’s Internal Security Forces were killed on Monday in an attack by the ISIS (Daesh) terrorist group targeting a checkpoint west ...
Paramount has reaffirmed its bid to acquire Warner Bros. Discovery, offering $30 per share in cash and backing the proposal with a $40.4 billion personal equity guarantee from billionaire Larry Ellison, despite the target company’s board urging shareholders to reject the offer.
Warner Bros Discovery’s board rejected Paramount Skydance’s $108.4 billion hostile bid on Wednesday (17 December), citing insufficient financing guarantees.
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.
Pakistan said it carried out cross-border strikes on militant targets inside Afghanistan after blaming a series of recent suicide bombings, including attacks during the holy month of Ramadan, on fighters it said were operating from Afghan territory.
Italy said a fond farewell to the Winter Olympics on Sunday with an open-air ceremony in the ancient Verona Arena that celebrated art and sporting achievement at a Games lauded as a model for how to stage such events.
The United States and Iran will hold a new round of nuclear negotiations in Geneva on Thursday as part of renewed diplomatic efforts to reach a potential agreement, Oman’s Foreign Minister Badr Albusaidi announced on Sunday.
Islamic State claimed two attacks on Syrian army personnel on Saturday (22 February), saying they marked the start of a new phase of operations against the country’s leadership under President Ahmed al-Sharaa.
Further Iran-U.S. nuclear talks are scheduled in Geneva on Thursday (26 February) as diplomacy resumes over Tehran’s nuclear programme following earlier mediation efforts. But will the talks move Iran-U.S. negotiations closer to a deal, and what should be expected from the meeting?
The chief executive of Google DeepMind, Demis Hassabis, has called for more urgent research into the risks posed by artificial intelligence, warning that stronger safeguards are needed as systems become more advanced.
NASA successfully completed a critical fueling rehearsal on Thursday (19 February) for its giant moon rocket, Artemis II, after earlier hydrogen leaks disrupted preparations for the next crewed lunar mission. The launch is scheduled for 6 March, according to the latest information from NASA.
ByteDance will take steps to prevent the unauthorised use of intellectual property on its artificial intelligence (AI) video generator Seedance 2.0, the Chinese technology firm said on Monday.
The formation of a black hole can be quite a violent event, with a massive dying star blowing up and some of its remnants collapsing to form an exceptionally dense object with gravity so strong not even light can escape.
BMW is recalling a mid six figure number of vehicles worldwide after identifying a potential fire risk linked to the starter motor.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment