Baldur's Gate and D&D owner Hasbro is down $56 million as its strategy of canceling almost everything…
Hasbro is reporting a $56 million loss on its digital games portfolio, leading to the cancellation of several unspecified titles planned through 2028. While Baldur's Gate 3 was a success, the company's broader strategy of investing in and then canceling projects has resulted in significant financial setbacks. CEO Chris Cocks stated the company is refocusing investments on franchises with the clearest upside.
- Entities
- Company: Wizards of the Coast
- Company: Giant Skull
- Topic: Business Strategy
- Game: Warlock
- Company: Skeleton Key
- Topic: Video Game Industry
- Company: Hasbro
- Person: Chris Cocks
- Company: Larian Studios
- Topic: Game Development
- Company: Invoke Studios
- Game: Baldur's Gate 3
- Company: Atomic Arcade
- Game: Exodus
- Company: Archetype Entertainment
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