Amid a 41 percent YoY decline in games revenue in the second quarter of 2024, the commercial disaster that was Suicide Squad: Kill the Justice League and reported layoffs, Warner Bros. Discovery executive said this week.
Hogwarts Legacy Sequel 'One of the Biggest Priorities' at WB 3c671k
Speaking at a conference Wednesday (via Hogwarts Legacy was a goal for the studio in the coming years.
“Obviously, a successor to ‘Hogwarts Legacy' is one of the biggest priorities in a couple of years down the road,” Wiedenfels reportedly said at the Bank of America's 2024 Media, Communications & Entertainment Conference. “So there is certainly a significant growth contribution from that [games] business in our strategic outlook here,” he added.
It's no surprise Warner Bros. Is setting high expectations with the Hogwarts Legacy sequel. The Wizarding World game from claimed earlier this year that the game sold two million copies during the Christmas holiday season alone.
Suicide Squad: Kill the Justice League Underwhelmed 59j8
Suicide Squad: Kill the Justice League, the studio's tentpole triple-A launch this year, was a critical and commercial failure that led to the company taking a $200 million loss. “Games revenue declined significantly due to the success of Hogwarts Legacy in the prior year quarter, while this year's Q1 release of Suicide Squad: Kill the Justice League generated significantly lower revenues,” Warner Bros. said in its Q1 2024 earnings report.
In the second quarter of this year, Warner Bros. Rocksteady is known for its high-quality single-player games from the Batman Arkham series.
In his latest comments, Wiedenfels also reportedly acknowledged that Suicide Squad was a “miss.”
Earlier this week, WB launched Xbox Series S/X.