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[STEAM] Warner Bros says MultiVersus is one reason its games division is ‘substantially underperforming’

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In the company’s latest earnings call, CEO David Zaslav said that while he believed its Studios business – which encompasses film, TV and video games – would see improved revenue in the future, he acknowledged that the video game arm is a current weak link.

After mentioning upcoming film and TV projects, Zaslav said: “But even in an industry of hits and misses, we must acknowledge that our Studios business must deliver more consistently. This applies to our games business, which we recognise is substantially underperforming its potential right now.

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