insider-gaming.com

AmidFuror, do games w Suicide Squad Cost Warner Bros. $200 Million In Revenue

“Starting with Studios, the $400 million+ year-over-year decline during Q1 was primarily due to the very tough comp we faced in games against the success of Hogwart’s Legacy last year in the first quarter, in conjunction with the disappointing Suicide Squad release this past quarter, which we impaired, leading to a $200 million impact to EBITDA (earnings before interest, taxes, depreciation, and amortisation) during the first quarter,” CFO Gunnar Wiedenfels said during the investor call after the report was published.

This doesn't line up at all with what Insider Gaming wrote. I don't think they know how to interpret company financials.

Costing revenue itself is a questionable phrase. A game can miss its revenue target, but that's not the same thing. Here it looks like earnings were lower by $200M due in part to more than $400M lower revenue comparing to a Q1 2023, which had the Hogwarts Legacy release.

Itsamelemmy,

So basically the single player offline game made bank, but they keep pushing this live service crap thinking it’s going to be the next GTA online and not what 90% of the live service crap ends up being.

BigPotato,

You miss 100% of the shots you don’t take. One in ten isn’t bad odds.

mosiacmango,

Alana Pierce has a great take on this. Her pount is that all games are a risk, but live service has a chance at infinite upside.

Suits dont give a shit about anything but risk/reward, so live service always seems like the right choice to them, even if 99% of them bomb.

slaacaa,

This is a very good point. It also shows the delusion of the executives, thinking that their next shitty looter shooter will become the new Fortnite, not understanding the oversaturation of the market. People have limited hours to play per day, the only way they can play your game is if they stop playing something else.

Cethin,

That’s the thought process, and it’s also what’s going to bring a lot of these companies down. Their shitty game isn’t going to beat the odds when all the other shitty games are also being pushed. Their chance of success and potential return figures are likely off by a large margin.

Edit: For example, Overwatch, which has actually hit the mainstream and has a fairly large player base, I think still isn’t profitable.

skulblaka,
@skulblaka@startrek.website avatar

I think it was profitable, at one point, up until the bait and switch that was Overwatch 2.

Cethin,

Yeah, I think the first few years were profitable (excluding Overwatch League), but OW2 for sure hasn’t been. I don’t think OW1 was by the end either. They had no way to make more money and it was a one time purchase. The switch to OW2 sucks, and it was exploitative as fuck and full of lies, but they did need some form of continuous revenue stream. It just wasn’t the greedy way they went about it, pushing everyone away.

lorty,
@lorty@lemmy.ml avatar

If it costs 200 million to take a shot, maybe it isn’t great odds.

BigPotato,

If you’ve got a market cap of three trillion and the investors expect three trillion plus one next quarter, can you afford to risk it?

slaacaa, (edited )

Good demonstration of the current quality of journalism. “Cost X in revenue” doesn’t make any sense, as cost and revenue are the exact opposite things, the difference of which (if I simplify) make up the EBITDA that the quote from the company actually referenced for the 200 M USD negative impact.

I’m not expecting a game journalist be an ACCA certified accountant, but should be at least able to write an accurate title based on the available quotes and information.

Stovetop, do games w Suicide Squad Cost Warner Bros. $200 Million In Revenue

Lesson learned: there can be no good Suicide Squad title unless prefixed by “The”.

GlitterInfection,

Fun fact, The Suicide Squad (2021) was a box office flop, whereas Suicide Squad (2016), the only academy award winning DCEU film, was a box office smash hit!

Stovetop,

Well, hard for it to succeed at the box office when movie theaters were still closed/avoided in the midst of the pandemic.

GlitterInfection,

It still failed to hit projected box office returns with that factored in!

It’s just funny because it’s a good movie and the first one won an academy award but is terrible.

And they won it for writing “damaged” on Joker’s forehead… at least in part.

Etterra, do games w Suicide Squad Cost Warner Bros. $200 Million In Revenue

If only every live service game and technology suffered the same fate. Also p2w.

sirico, do games w Suicide Squad Cost Warner Bros. $200 Million In Revenue
@sirico@feddit.uk avatar

That’s the way business go

MamboGator, do games w Suicide Squad Cost Warner Bros. $200 Million In Revenue
@MamboGator@lemmy.world avatar
lowleveldata, do games w Suicide Squad Cost Warner Bros. $200 Million In Revenue

And what’s 200M to Warner Bros? Nothing

Protoknuckles, do games w Suicide Squad Cost Warner Bros. $200 Million In Revenue

So far.

Bdtrngl, do games w Suicide Squad Cost Warner Bros. $200 Million In Revenue

Womp womp.

simple, do games w Suicide Squad Cost Warner Bros. $200 Million In Revenue

Something something reap what you sow

kindenough, do gaming w Watch Dogs Series is Dead and Buried, It's Claimed
@kindenough@kbin.social avatar

I liked all three games and I hope they continue. I think I liked the first game best, Legion the least but I still enjoyed it.

It's nice to see a movie based in Chicago as a guy from the Netherlands and say, hey I have been there in Watch Dogs

Crackhappy,
@Crackhappy@lemmy.world avatar

I have thought about playing Watch Dogs since the alpha of the first game, but never got around to it. What am I missing?

kindenough,
@kindenough@kbin.social avatar

Excuse me for reacting this late.

Taking out enemies with cameras, gadgets and traps in an open world is pretty nice. Gameplay a bit different in every game.

The story in the first one, wasn't that interesting to me and a lot of reviewers talked about how wooden Aiden Pierces personality was. Also suicidal killer cop cars that will run over everyone and everything to get to you, hehe.

Second game is different in story and setting (San Francisco), mechanics and controls slightly different. I liked it, but again not for the story, same with the third, where everyone talks in street slang bruv...but the open world, stealth, drones, puzzles and hacking made me sink 60 hours into that game. Haven't played the DLC for Legion, one can play Aiden Pierce, but I am not sure it is worth the price, even at discount.

Crackhappy,
@Crackhappy@lemmy.world avatar

Ah. Thanks. If the story is lackluster then I will probably just skip it.

jordanlund, do gaming w Watch Dogs Series is Dead and Buried, It's Claimed
@jordanlund@lemmy.world avatar

Wait, it was a series? I didn’t know there was more than the 1st game…

VaultBoyNewVegas,

There’s 3.

ylai,
Son_of_dad,

Part 2 is polarizing, half the people love it the other hate it. Part 3 is just trash, it’s the one I played last and barely remember any of it cause it was so bad

Schmuppes,

I enjoy playing Watch Dogs 2 again and again mainly because it’s set in SF and the Bay Area. I just love the vibe it gives me.

Son_of_dad,

I didn’t like the protagonist in part 2. It made no sense to me, tearing through the city, blowing up shit, killing people, as this happy, hipster hacker. At least the first protagonist was a vigilante out for blood, so the carnage made sense.

mrfriki, do gaming w Watch Dogs Series is Dead and Buried, It's Claimed

It’s ok, not every franchise has to go on forever.

MeatsOfRage,

Ubi also needs to just kill Beyond Good and Evil 2 at this point. There’s no way anything good can come from a project with 17 years of development and nothing really to show for it.

Crackhappy,
@Crackhappy@lemmy.world avatar

Replies in Diablo 1 CD.

stmcld, do gaming w Watch Dogs Series is Dead and Buried, It's Claimed

Watchdogs 1 was the best for me, miss playing that game

Bristlecone,

The hide and seek in it is still one of my favorite multiplayer games of all time! Pretending to be an NPC just had me cracking up!

AMDIsOurLord,

Yeah that game was so good

JoeKrogan, (edited ) do gaming w Watch Dogs Series is Dead and Buried, It's Claimed
@JoeKrogan@lemmy.world avatar

Now if ubisoft could go under too. I’m still pissed the splinter cell games are such a shit show on PC and they have the neck to ask for full price with the bugs and multiplayer being disabled. They can get fucked

Silentiea,
@Silentiea@lemmy.blahaj.zone avatar

ask for full price with the bugs and multiplayer disabled

At least the bugs are disabled /s

Son_of_dad,

Honestly, PC gamers are unpleasable, and also the biggest pirates, so it’s no surprise that studios no longer want to cater to them.

KingThrillgore, do gaming w Watch Dogs Series is Dead and Buried, It's Claimed
@KingThrillgore@lemmy.ml avatar

Probably for the best. Watch Dogs 2 was a weird tonal shift.

BowtiesAreCool,

Watch Dogs 2 was the only one I actually enjoyed playing.

TIMMAY,

agreed, one felt like an edgy young adult book you’d find on a shelf at the public library. Two had a lot of attitude and style and I loved it

all-knight-party,
@all-knight-party@kbin.run avatar

Agreed. The first one was a tonal flatline for me.

Son_of_dad,

Hated the main character. The guy in part 1 was a vigilante out for blood. But the second, you’re some millennial, happy, hipster hacker. It makes no sense running around the city tearing shit up with the second protagonist

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