- cross-posted to:
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- cross-posted to:
- [email protected]
“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 Hogwart’s 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 amortisation) during the first quarter,” CFO Gunnar Wiedenfels said during the investor call after the report was published.
This doesn’t line up at all with what Insider Gaming wrote. I don’t think they know how to interpret company financials.
Costing revenue itself is a questionable phrase. A game can miss its revenue target, but that’s not the same thing. Here it looks like earnings were lower by $200M due in part to more than $400M lower revenue comparing to a Q1 2023, which had the Hogwarts Legacy release.
Lesson learned: there can be no good Suicide Squad title unless prefixed by “The”.
Fun fact, The Suicide Squad (2021) was a box office flop, whereas Suicide Squad (2016), the only academy award winning DCEU film, was a box office smash hit!
Well, hard for it to succeed at the box office when movie theaters were still closed/avoided in the midst of the pandemic.
It still failed to hit projected box office returns with that factored in!
It’s just funny because it’s a good movie and the first one won an academy award but is terrible.
And they won it for writing “damaged” on Joker’s forehead… at least in part.
What, are they some sort of…Suicide Squad?
Yeah, they really went in hard with Suicide Squad, to be perfectly frank, the only good thing to come out of suicide squad was the Peacemaker show on HBO.
Yeah. Sucks they aren’t even planning on starting production on season 2 till 2025
Like honestly what’s the point? Just say it’s done, as almost all the hype will have gone away. The show is already like two years old anyway.
Don’t get me wrong, I’d love to have a season 2, but if I have to wait until potentially 2026 to watch it then I just won’t care by that point.
Yeah I mean that’s kinda how I feel about it too. Why kill the momentum of a show that popular like that? Makes no sense. And yeah, I’m in the same boat. I won’t even give a shit by the time it comes out.