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.
U.S. President Donald Trump said Washington could destroy Iran’s infrastructure “in two days,” while Tehran warned the U.S. would...
Start your day informed with the AnewZ Morning Brief. Here are the top stories for the 16th of May, covering the l...
The thirteenth session of the World Urban Forum will open in Baku on Sunday, bringin...
Deep in the ancient forests of southern China, researchers have discovered a small, shy snake with an extraordinar...
Matiul Haq Khalis, Director General of Afghanistan’s National Environmental Protection Agency, has travelled to Baku to attend th...
Warner Bros. Discovery shareholders have approved Paramount Skydance’s proposed takeover of the media group, advancing a deal valued at roughly $110 billion including debt in a move that could reshape Hollywood and the global entertainment industry.
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood studio.
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.
Iran’s Foreign Minister Abbas Araghchi said Tehran has “no trust” in the United States and will only consider negotiations if Washington shows seriousness. His remarks came as talks on Iran’s nuclear programme continued, with Trump and Xi also opposing Iran acquiring nuclear weapons.
The U.S.-Israeli war with Iran loomed over U.S. President Donald Trump's visit to China, as signs emerged that the conflict is causing a shift in alliances across the Middle East.
Thousands of fans turned out in Iran's capital Tehran for a massive farewell ceremony on Wednesday night for their national football team, wishing them success before their departure for the World Cup 2026 matches co-hosted by the United States and Mexico.
British Prime Minister Keir Starmer was fighting for his political survival on Thursday (14 May) after Health Secretary Wes Streeting resigned, saying he had “lost confidence” in Starmer’s leadership.
Chinese President Xi Jinping and U.S. President Donald Trump are holding high-level talks in Beijing on Thursday, following a ceremonial welcome, with both leaders highlighting cooperation despite ongoing tensions.
Japanese filmmaker Koji Fukada has said that the use of artificial intelligence (AI) to “jump straight to the result” risks undermining the purpose of art, which he believes should be rooted in self-expression and a deeper understanding of the world.
The Spanish government has issued a defiant message to Silicon Valley, confirming it will push ahead with stringent new legislation designed to make social networks and Artificial Intelligence (AI) demonstrably safer.
A robotics startup says it has built an AI “brain” that can teach humanoid robots new physical skills in days rather than months, as the race to deploy human-shaped machines in factories and warehouses accelerates.
Apple and Meta have publicly opposed a Canadian bill they say could force technology companies to weaken encryption on devices and online services if it becomes law.
European Union countries and European Parliament lawmakers have agreed on a softened version of the bloc’s landmark artificial intelligence rules, including delayed implementation, in a move critics say reflects growing concessions to major technology firms.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment