Hasbro Is Betting On Fewer, Bigger Video Games After $56 Million Write-Down

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Hasbro Is Betting On Fewer, Bigger Video Games After $56 Million Write-Down

GameSpot · 2 months ago

Hasbro has cancelled several video games planned for 2028 and beyond and taken a $56 million non-cash write-down on related development costs. The move signals a narrower digital strategy, concentrating investment on fewer projects where the company believes it has the strongest commercial advantage.

The company will prioritise trading card and role-playing games, its own intellectual property, cost discipline and partnerships. Hasbro cited Scopely’s Monopoly Go, expected to surpass $8 billion in lifetime revenue this year, while confirming that Exodus and Dungeons & Dragons: Warlock remain scheduled for 2027; a GI Joe game remains in development despite Atomic Arcade’s closure. The shift follows earlier cancellations and layoffs after Hasbro had announced six internal studios in 2022 and said it had invested $1 billion in several game studios.

  • Hasbro cancelled future games and wrote down $56 million.
  • It will back fewer, higher-confidence digital projects.
  • Exodus, Warlock and the GI Joe game remain in development.

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