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Hasbro takes $56 million hit over multiple game cancellations, but it's still talking about how Baldur's Gate 3 is key to its future success
AppWizard
July 21, 2026

Hasbro takes $56 million hit over multiple game cancellations, but it’s still talking about how Baldur’s Gate 3 is key to its future success

Hasbro reported a million non-cash impairment in its second-quarter financial disclosure due to the cancellation of several anticipated video games originally planned for release in 2028 and beyond. The impairment reflects a decline in asset value rather than a direct financial loss. Two years ago, Hasbro's gaming division, led by Dan Ayoub, had ambitious plans for over a billion in game development. However, challenges have arisen, including issues with a GI Joe game and the cancellation of a Dungeons & Dragons title. CEO Chris Cocks mentioned that the company is reviewing its portfolio, leading to project cancellations and a financial write-down. Hasbro plans to focus on trading card games and role-playing games, leveraging successes like Magic: The Gathering and Baldur's Gate 3, which has been highly acclaimed. The company aims for 2026 to be a peak year for digital investment while planning to reduce overall digital spending by at least 25% annually by 2028 through cost-effective development strategies.
Net sales down 32.5% at Capcom
AppWizard
July 29, 2024

Net sales down 32.5% at Capcom

Capcom reported a 32.5% drop in net sales for the quarter ending June 30th, with net sales of ¥29.6 billion. Operating income fell by 46.4% and ordinary income by 47.9%. The decline was attributed to the lack of a blockbuster title following the success of Street Fighter 6. Capcom is focusing on enhancing its intellectual properties through film and television, licensed merchandise, and esports. The company is also optimizing its arcade operations and has introduced a new smart pachislo machine.
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