Giant Skull
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Wizards of the Coast president is stepping down after just 2 years on the job
John Hight, president of Wizards of the Coast and former general manager at Blizzard Entertainment, is stepping down after two years. He will transition from his role on September 1st to an advisory position with Hasbro, the parent company. This departure occurs amidst Hasbro's reported $56 million impairment from cancelled video game projects and a stated goal to reduce digital spend.
Hasbro records $56M write down after scrapping 'several' video games
Hasbro reported a $56 million non-cash write down after cancelling several video games planned for 2028 and beyond. CEO Chris Cocks stated the decision reflects a new digital strategy focusing on key franchises like Dungeons & Dragons and Magic: The Gathering, with an emphasis on cost discipline and owned platforms. The company expects its total digital spend to decrease annually by at least 25 percent by 2028.
Baldur's Gate series overlords Hasbro take $56 million hit after cancelling several games due out in "2028 and beyond", with Exodus and Warlock unaffected
Hasbro has announced a $56 million impairment due to the cancellation of several games planned for release in 2028 and beyond. While specific titles were not named, the company stated its confidence in its digital games portfolio, with releases like Exodus and Warlock: Dungeons & Dragons still on track for 2027. Hasbro is refocusing its strategy on fewer, high-potential projects and partnerships.
Hasbro Writes Down $56 Million After Cancelling Several Games
Hasbro has recorded a $56 million write-down due to the cancellation of several video game projects planned for release in 2028 and beyond. CEO Chris Cocks stated this move is part of a refocused digital strategy prioritizing franchises like Magic: The Gathering and Dungeons & Dragons, and successful mobile titles like Monopoly Go!. While Exodus and Warlock: Dungeons & Dragons remain in development for PC, PlayStation 5, and Xbox Series X/S, other projects, including one from Giant Skull, have been cancelled.
Hasbro takes $56 million hit over multiple game cancellations, but it's still talking about how Baldur's Gate…
Hasbro reported a $56 million non-cash impairment due to the cancellation of several video games slated for release in 2028 and beyond. The company is refocusing its digital investment on key franchises like Magic: The Gathering and Dungeons & Dragons, aiming to reduce overall digital spend by 25% annually by 2028.
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.
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.
Giant Skull's Dungeons & Dragons Game Cancelled
Wizards of the Coast has cancelled the Dungeons & Dragons action/adventure game that was in development at Giant Skull. Giant Skull was formed in 2024 by Stig Asmussen, a veteran of the God of War series.
Hasbro cancels Dungeons & Dragons game led by Respawn veterans
Hasbro subsidiary Wizards of the Coast has canceled an action-adventure game set in the Dungeons & Dragons universe, which was being developed by Giant Skull, a studio founded by Respawn veteran Stig Asmussen. The collaboration ended less than a year after its announcement, with Wizards of the Coast stating they decided not to pursue the early concept but value their ongoing relationship with Asmussen and his team. This cancellation follows the earlier closure of another Hasbro studio, Atomic Arcade.
God of War 3 Director's AAA Dungeons & Dragons Game Cancelled After Less Than a Year
Hasbro and its subsidiary Wizards of the Coast have cancelled a big-budget, single-player Dungeons & Dragons action-adventure game developed by Stig Asmussen's studio, Giant Skull. The decision was reportedly made to lower costs, despite the project's potential. Wizards of the Coast stated they respect Asmussen and his team and value their ongoing relationship.
Star Wars Jedi director's single-player Dungeons & Dragons game cancelled less than a year after it was announced
Hasbro has reportedly cancelled a single-player Dungeons & Dragons action-adventure game being developed by Star Wars Jedi director Stig Asmussen's studio, Giant Skull. The project was less than a year old, with Wizards of the Coast stating they decided not to pursue the early concept. Other D&D games like Exodus and Warlock are still in development.
Hasbro cancel Dungeons and Dragons action game helmed by Star Wars Jedi: Fallen Order director, leaving studio hunting for new publishing deal
Hasbro has canceled the publishing of a Dungeons and Dragons action game developed by Giant Skull, led by former Star Wars Jedi director Stig Asmussen. The decision was made earlier this year after reviewing an early concept, leaving Giant Skull to seek a new publishing partner. Hasbro stated they value their ongoing relationship with Asmussen and his team.
Wizards of the Coast ends partnership with Giant Skull
Wizards of the Coast has ended its publishing agreement with Giant Skull, resulting in the cancellation of an unannounced action-adventure game set in the Dungeons & Dragons universe. While the early concept was not pursued, Wizards of the Coast expressed respect for Giant Skull's team and indicated a willingness to consider future project proposals. This decision coincides with a broader reorganization at Wizards of the Coast, including the closure of its internal developer Atomic Arcade.
Dungeons & Dragons Game by Giant Skull Has Been Cancelled
Hasbro, through its subsidiary Wizards of the Coast, has cancelled a Dungeons & Dragons game being developed by Giant Skull due to the termination of their publishing deal. Industry veteran Stig Asmussen, founder of Giant Skull, confirmed the cancellation and is seeking new publishing partners. The game was not intended to be a successor to the Baldur's Gate franchise.
Hasbro cancelled a D&D game from the Jedi: Fallen Order director
Hasbro has cancelled a Dungeons & Dragons video game in early development at Giant Skull, a studio led by Star Wars Jedi: Fallen Order director Stig Asmussen. The partnership between Wizards of the Coast and Giant Skull was terminated earlier this year. Another D&D game, Warlock, from Invoke Studios is still planned for a 2027 release.
Hasbro cancels Dungeons & Dragons game from God of War and Star Wars Jedi veteran after seeing early concept
Hasbro, through its subsidiary Wizards of the Coast, has canceled its exclusive publishing agreement with Stig Asmussen's studio Giant Skull for a new single-player Dungeons & Dragons action-adventure game. The decision was made after reviewing the game's early concept, though Wizards of the Coast expressed openness to future pitches from Giant Skull.
Wizards of the Coast cancels Giant Skull’s Dungeons & Dragons action adventure game
Wizards of the Coast has canceled its publishing agreement with Giant Skull, a studio founded by former members of the development team behind the game "The Witcher 3: Wild Hunt." The canceled project was an action-adventure game based on the Dungeons & Dragons franchise.
Star Wars Jedi Veteran's Dungeons & Dragons Game Has Been Canceled
Wizards of the Coast, in partnership with Giant Skull studio founded by Stig Asmussen, has canceled an upcoming single-player action-adventure game set in the Dungeons & Dragons universe. Hasbro confirmed the project's cancellation, though stated they still value their relationship with Giant Skull and are open to future pitches. This decision comes after significant investment in AAA game development following the success of Baldur's Gate 3.
Star Wars Jedi Veteran's Dungeons & Dragons Game Has Been Canceled
Wizards of the Coast, in partnership with Giant Skull studio founded by Stig Asmussen, has canceled an upcoming single-player action-adventure game set in the Dungeons & Dragons universe. Hasbro confirmed the project's cancellation, though stated they still value their relationship with Giant Skull and are open to future pitches. This decision comes after significant investment in AAA game development following the success of Baldur's Gate 3.