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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.
5 promising games recently cancelled by Microsoft
AppWizard
June 21, 2026

5 promising games recently cancelled by Microsoft

Microsoft is undergoing a restructuring that includes layoffs across its game studios and further job cuts and studio closures as part of the "Xbox reset" initiated by new CEO Asha Sharma. This initiative has resulted in the cancellation of several game projects, including: - Odyssey: Shelved in 2024 after challenges in development, including a switch from Unreal Engine to an internal engine. - Everwild: Canceled in 2025 after years of development and at least one reboot. - Perfect Dark: The reboot was canceled in 2025 despite a positive gameplay reveal, with reports of interest from Take-Two Interactive. - Contraband: Development ceased in 2025, leaving the future of the co-op smuggling game uncertain. - Project Blackbird: Canceled in 2025 after over six years of development due to financial concerns regarding the investment required for an MMO. Following the cancellation of Project Blackbird, some team members formed a new studio named Sackbird.
Blade director reassures suffering fans with soothing words: 'Please be patient, it will be a special game'
AppWizard
December 25, 2025

Blade director reassures suffering fans with soothing words: ‘Please be patient, it will be a special game’

Arkane Studios unveiled their latest project, Blade, at The Game Awards 2023, but concerns have arisen due to the lack of updates and its absence from the Xbox Games Showcase. The game's silence intensified speculation after it did not appear at the Game Awards 2025. Arkane's co-creative director, Dinga Bakaba, reassured fans on social media that the team is dedicated to delivering a special game. The studio faces challenges, as their previous title, Prey, struggled commercially, and the disappointing performance of Redfall led to the closure of Arkane Austin in 2024. Additionally, Microsoft's focus on artificial intelligence and recent layoffs in its gaming division have raised concerns about the future of game development. The success of Blade is critical for Arkane, as it has the potential to offer a unique take on superhero narratives.
Stop Killing Games takes action against gaming giants
AppWizard
July 8, 2025

Stop Killing Games takes action against gaming giants

The gaming industry has seen a trend of game cancellations from major companies like Electronic Arts and Ubisoft, leading to frustration among gamers. In response, a grassroots initiative called Stop Killing Games has launched a petition that has collected nearly 1.3 million signatures, urging game publishers to fulfill their commitments to consumers. The organization raises legal concerns about publishers marketing expensive games without clear longevity, likening it to planned obsolescence, which undermines customer trust and complicates digital game preservation. They aim for the European Union to enact laws that strengthen consumer rights, potentially allowing defunct games to remain accessible through private servers, with hopes that similar protections could extend to the United States.
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