Warner Bros. Games has just announced it will reshuffle its organization around the Harry Potter, Game of Thrones, Mortal Kombat, and DC franchises.
This news comes a month after Warner Bros.’ first quarter financial report revealed the publisher’s games revenue “decreased 48% ex-FX,” or excluding foreign exchange. The company also pinned its 66% dip in gaming expenses compared to the same quarter last year on “impairment related to Suicide Squad: Kill the Justice League and lower games revenue in the current quarter.”
Earlier this year, Warner Bros. canceled its Wonder Woman game and closed Shadow of Mordor studio Monolith after reportedly losing $200 million on Suicide Squad, and then another $100 million on the disappointing MultiVersus and Quidditch Champions.
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