Hasbro Is Betting On Fewer, Bigger Video Games After $56 Million Write-Down
Hasbro has recorded a $56 million write-down related to its video game portfolio, leading to the cancellation of several titles planned for release in 2028 and beyond. CEO Chris Cocks outlined a new strategy focusing on fewer, bigger games, prioritizing owned intellectual property like Magic and Dungeons & Dragons, and concentrating investment on high-conviction titles and partnerships. While some projects like Exodus and Warlock remain on track for 2027, others, including a Dungeons & Dragons single-player action-adventure game, have been canceled.
- Entities
- Game: G.I. Joe
- Topic: Trading Card Game
- Company: Giant Skull
- Person: Stig Asmussen
- Topic: Business Strategy
- Game: Warlock
- Company: Hasbro
- Person: Chris Cocks
- Topic: Video Games
- Company: Scopely
- Game: Monopoly Go
- Topic: Role-Playing Games
- Game: Dungeons & Dragons
- Topic: Game Development
- Game: Baldur's Gate 3
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