Warner Bros sees 41% year-on-year drop in Q2 gaming revenue due to Suicide Squad sales

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Warner Bros sees 41% year-on-year drop in Q2 gaming revenue due to ******** Squad sales

Warner Bros Discovery has announced that its Q2 gaming revenue has fallen 41% year-on-year, thanks in part to the sales performance of ******** Squad: ***** the Justice League.

According to the company’s Q4 2024 earnings results, which were published on Wednesday, all of its major segments including cinema, TV and video games saw a decrease in revenue compared to Q2 2023.

“Games revenue declined 41% ex-FX, primarily driven by the weak performance of ******** Squad: ***** the Justice League this year, compared to the strong performance of Hogwarts Legacy in the prior year,” the studio said.

******** Squad: ***** The Justice League was the company’s biggest recent video game release. Developed by Arkham series creators Rocksteady, the game was met with mixed reviews and ******* to achieve a consistent player base.

During its last earnings results in May 2024, Warner Bros Discovery CEO David Zaslav said the difference between ******** Squad’s performance and that of Hogwarts Legacy last year had resulted in “a $200 million impact to EBIDTA [earnings before interest, taxes, depreciation, and amortisation] during the first quarter”.

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According to Bloomberg, a large number of Rocksteady developers are currently working on a new version of Hogwarts Legacy. Following the Batman Arkham studio’s struggles in the live service space, it’s claimed that Rocksteady leaders are also planning to pitch a new single-player title to Warner Bros. Games.

Warner will release another Harry Potter title next month. Harry Potter: Quidditch Champions will be released on September 3, 2024. It will be released for PS5, PS4, Xbox Series X/S, Xbox One, Nintendo Switch, and PC via Steam and the Epic Games Store.

Quidditch Champions has been in development for several years at LA-based Unbroken Studios, which also contributed to the console versions of Rocksteady Studios‘ ******** Squad: ***** the Justice League.