WB Video games studies year-on-year decline forward of Hogwarts Legacy’s $850m success


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Hogwarts Legacy has bought greater than 12 million copies worldwide in its first two weeks on PlayStation 5, Xbox Collection X|S and PC.

The information was introduced alongside Warner Bros Discovery’s monetary outcomes for the 9 months ended December 31, 2022, with the corporate including that the fantasy action-RPG has additionally generated $850 million in gross sales since its launch on February 10.

GamesIndustry.biz beforehand reported that Hogwarts Legacy was the most important UK retail launch for a Harry Potter sport to this point. The sport remains to be in growth for different codecs.

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Trying on the firm’s outcomes, Warner Bros Discovery reported revenues of $11 billion for the primary 9 months of its fiscal 12 months, of which Content material – encompassing its TV licensing, dwelling leisure and video video games companies – accounted for $3.6 billion.

It is exhausting to parse the precise efficiency inside the video games phase, partly on account of it being combined in with Content material, and partly because of the Q1-Q3 fiscal 12 months outcomes being skewed by Warner Media’s merger with Discovery final 12 months. However the firm did give some perception into how properly its video video games enterprise was performing.

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In each its report and the accompanying earnings name, transcribed by Seeking Alpha, Warner Bros stated video games and residential leisure revenues have been decrease on account of “COVID-induced demand within the prior 12 months.”

Nonetheless, president and CEO David Zaslav described video games as “a core a part of [Warner’s] total technique,” with chief monetary officer Gunnar Wiedenfels saying the corporate is releasing six titles in 2023.

The primary was Hogwarts Legacy, with the Rocksteady-developed Suicide Squad: Kill The Justice League due later this 12 months. Zaslav additionally talked about the beforehand unannounced Mortal Kombat 12 on the decision.

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There was no point out of Gotham Knights, which was the writer’s large This autumn launch and launched to combine critiques.


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