Comments

• AmidFuror@fedia.io ⁨6⁩ ⁨months⁩ ago

  “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.

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  • Itsamelemmy@lemmy.zip ⁨6⁩ ⁨months⁩ ago

    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.

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    • BigPotato@lemmy.world ⁨6⁩ ⁨months⁩ ago

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

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  • slaacaa@lemmy.world ⁨6⁩ ⁨months⁩ ago

    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.

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• simple@lemm.ee ⁨6⁩ ⁨months⁩ ago

  Something something reap what you sow

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• Alteon@lemmy.world ⁨6⁩ ⁨months⁩ ago

  Yeah, they really went in hard with Suicide Squad, to be perfectly frank, the only good thing to come out of suicide squad was the Peacemaker show on HBO.

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  • BossDj@lemm.ee ⁨6⁩ ⁨months⁩ ago

    Best intro EVER

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    • BertramDitore@lemmy.world ⁨6⁩ ⁨months⁩ ago

      DO YA REALLY WANNA DO YA REALLY WANNA TASTE IIIIT!

      I just watched it twice in a row, thank you very much.

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  • Sphks@lemmy.dbzer0.com ⁨6⁩ ⁨months⁩ ago

    And Barbie. What a spin-off !

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  • SpaceNoodle@lemmy.world ⁨6⁩ ⁨months⁩ ago

    And Suicide Squad.

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    • snooggums@midwest.social ⁨6⁩ ⁨months⁩ ago

      The Suicide Squad.

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  • Cruxifux@feddit.nl ⁨6⁩ ⁨months⁩ ago

    Yeah. Sucks they aren’t even planning on starting production on season 2 till 2025

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• Etterra@lemmy.world ⁨6⁩ ⁨months⁩ ago

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

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• Protoknuckles@lemmy.world ⁨6⁩ ⁨months⁩ ago

  So far.

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• Stovetop@lemmy.world ⁨6⁩ ⁨months⁩ ago

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

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  • GlitterInfection@lemmy.world ⁨6⁩ ⁨months⁩ ago

    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!

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    • Stovetop@lemmy.world ⁨6⁩ ⁨months⁩ ago

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

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• lowleveldata@programming.dev ⁨6⁩ ⁨months⁩ ago

  And what’s 200M to Warner Bros? Nothing

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• Bdtrngl@lemmy.world ⁨6⁩ ⁨months⁩ ago

  Womp womp.

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• Thcdenton@lemmy.world ⁨6⁩ ⁨months⁩ ago

  Image

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• MamboGator@lemmy.world ⁨6⁩ ⁨months⁩ ago

  Image

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• borth@sh.itjust.works ⁨6⁩ ⁨months⁩ ago

  They were getting $400 million+ year-over-year, and now, for only the first quarter of 2024, they got only $200 million year-over-year 🤔. Damn, times sure are tough for the rich these days.

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• VanHalbgott@lemmus.org ⁨6⁩ ⁨months⁩ ago

  What, are they some sort of…Suicide Squad?

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• sirico@feddit.uk ⁨6⁩ ⁨months⁩ ago

  That’s the way business go

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