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Warner Bros. CEO: 'Disappointing' Suicide Squad Sales Added to Underwhelming Q1

Warner Bros. CEO: 'Disappointing' Suicide Squad Sales Added to Underwhelming Q1 - News

by William D'Angelo , posted on 09 May 2024 / 2,601 Views

Warner Bros. Discovery boss David Zaslav in an earnings call stated sales for Suicide Squad Kill the Justice League were "disappointing" and it added to a poor first quarter of 2024.

Suicide Squad Kill the Justice League "generated significantly lower revenues" when compared to Hogwarts Legacy during the same quarter a year 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 Hogwarts 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 amortization) during the first quarter," said Warner Bros. Discovery chief financial officer Gunnar Wiedenfels via IGN.

Suicide Squad: Kill the Justice League released for the PlayStation 5, Xbox Series X|S, and PC via Steam on February 2.

A life-long and avid gamer, William D'Angelo was first introduced to VGChartz in 2007. After years of supporting the site, he was brought on in 2010 as a junior analyst, working his way up to lead analyst in 2012 and taking over the hardware estimates in 2017. He has expanded his involvement in the gaming community by producing content on his own YouTube channel and Twitch channel. You can contact the author on Twitter @TrunksWD.

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rapsuperstar31 (on 09 May 2024)

Know your audience, make good/great single player games like Batman and Hogwartz.

  • +8
TheLegendaryBigBoss (on 09 May 2024)

And they still won't learn from this and will continue to pump out live services when a game like hogwarts legacy has brought over $1billion in revenue

  • +8
G2ThaUNiT (on 09 May 2024)

shocked pikachu face and RIP Rocksteady after this.

  • +7
JWeinCom (on 09 May 2024)

They weren't the only ones disappointed.

  • +4
OlfinBedwere (on 09 May 2024)

Warner Bros Executive 1: Well, clearly Suicide Squad's under-performance is the result of superhero fatigue. We need to invest in more live service games, preferably another looter shooter.

Warner Bros Executive 2: Um, are you sure about that? I mean, Spider-Man 2 just sold like gangbusters, and that's a single-player...

Warner Bros Executive 1: MORE LIVE SERVICE GAMES!

  • +3
firebush03 (on 09 May 2024)

...So what you're telling me is that they should invest more in making live service games?

  • +2
LivncA_Dis3 (on 09 May 2024)

They need to know what's going on with the world lol or are they a bit too slow that gaas isn't a big thing nowadays

  • +1
Leynos (on 09 May 2024)

He needs to be fired for the BS he has pulled with movies/TV and games

  • +1
2zosteven (on 10 May 2024)

what are the sales numbers?

  • -1