Warner Bros. Gaming News and Financial Results for Q3 2023: Multi-Level Monetization and High Sales

Game News November 8, 2023, 9:47 p.m

Games from the Warner Bros. corporation. In the coming years, Games will place greater emphasis on “multi-level” forms of monetization. Among other things, this information came to us from a meeting of representatives of the American giant with investors.

Photo source: NetherRealm Studios / QLOC.

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Interesting – but not very comforting for most gamers – information about the gaming segment of Warner Bros. come to us from the meeting of representatives of the American giant with investors regarding the company’s financial results for the third quarter of 2023 (via ResetEra).

We learn from it that Warner Bros. Games has become an extremely profitable part of the entire enterprise, which, especially in the last three years, has brought it huge profits – in the hundreds of millions of dollars.

It is no wonder that the company intends to invest more in games, seeing a huge earning potential in this branch of entertainment, especially among young people.

Due to this vision, Warner Bros. plans to transform its largest brands into multi-platform game services in the coming years – with constant updates and partially free content – in order to eventually introduce more ways of monetizing them.

Ultimately, we want to increase engagement and monetization over longer cycles and at higher levels. We have already introduced specific solutions [może tu chodzić np. o płatne „fatality” do Mortal Kombat 1 – przyp. red.]. We are currently in the scaling phase and see significant opportunities to generate more revenue post-purchase [gry] – said a representative of Warner Bros. during a meeting with investors.

High sales of Warner Bros. games Games

During this conversation, we learned some information about the sales condition of the largest Warner Bros. games. Games.

Mortal Kombat 1 was expected to sell almost three million copies from its September premiere until the financial results for the third quarter of 2023 were discussed. In turn, Hogwarts Legacy is still the publisher’s best-selling game. Although no new sales data were provided, it was assured that players have already spent over 700 million hours in the Harry Potter universe.

To sum up, paid finishers for Mortal Kombat 1 – criticized loudly by the gaming community – this is probably a harbinger of the upcoming policy of the Warner Bros. corporation, which seems to have noticed a really tasty target in the gaming industry.

Warner Bros. website Games

2023-11-08 20:47:00
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