Speaking at the recent Morgan Stanley Technology, Media, and Telecom Conference, Warner Bros Discovery executive JB Perrette said the company wants to expand more into free-to-play and live service games in order to avoid the "volatile" ups and downs of big-budget game releases.
It has indeed been a volatile year for Warner. The company rode into 2023 on the success of Hogwarts Legacy, "the best selling game of the year in the entire industry worldwide," but a year later Suicide Squad: Kill the Justice League failed to live up to expectations, a stumble Warner said left its games business facing "a tough year-over-year comp" in its first financial quarter. Tough enough, apparently, to force a shift in long-term strategy.
