Warner Bros. Discovery has reported its Q2 2024 earnings, and in fairly unsurprising news, a lot of fingers are being pointed at Suicide Squad: Kill the Justice League. The villainous service game is largely taking the wrap for a precipitous 41% year-over-year revenue drop experienced by the WB Games Division.
While Suicide Squad has its own well-documented issues, IGN ran the numbers, pointing out that this big dip is in no small part thanks to the success of Hogwarts Legacy. With an extremely serious 24 million copies of the wizarding simulator sold to date, the comparison is not a particularly flattering one.
Indeed, it's not exactly rainbows and sunshine in the firm's other divisions, either. Warner Bros. Discovery reported revenue of $9.7 billion but an overall net loss of $10 billion. Apparently, an astronomical $9.1 billion of that was down to an impairment charge from the Networks segment, which is when a company needs to write off or reduce the value of assets previously believed to hold a higher value. Thousands of employees have been laid off from the massive entity in the last few years alone, and this may mean more in our current uncertain climate.