Wizards Of The Coast: Wizards of the Coast, a division of Hasbro Inc. best known for its Dungeons & Dragons tabletop games, has canceled at least five video game projects as it lowers its industry aspirations.
Wizards of the Coast has “made some changes to our long-term portfolio to focus on games which are strategically aligned with developing our existing brands and those which show promise in expanding or engaging our audience in new ways,” a spokesman said in a statement to Bloomberg, adding that the company is still “committed to using digital games.”
The spokesman said that less than 15 Wizards of the Coast employees would lose their employment due to the change, but they will be allowed to seek new positions within the organization. However, the restructuring will be complex for several independent studios, including Otherside Entertainment in Boston and Hidden Path Entertainment in Bellevue, Washington, both of whom were developing games for Wizards of the Coast.
The business, which also produces the well-known card game Magic: The Gathering, has invested heavily in video games over the past few years. It entered into agreements with numerous game developers and established at least six gaming studios, some of which were in Austin, Texas, and Montreal.
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The outcomes thus far have been conflicting. The Dungeons & Dragons: Dark Alliance video game from 2021 was severely reviewed, but the Dungeons & Dragons-themed Baldur’s Gate 3 from Belgian developer Larian Studios is one of this year’s most eagerly awaited gaming releases.
Wizards of the Coast is scaling back its video game ambitions and canceling at least five unannounced games.
Details: https://t.co/nMV4SORA3R#wizardsofthecoast #gamedev #games #gamedevelopment #gamesindustry pic.twitter.com/nIxVFFG8Qd
— 80 LEVEL (@80Level) January 4, 2023
Players have responded favorably to early versions. The financial struggles at Hasbro, whose shares dropped 40% last year as increased prices resulted in reduced toy sales, have coincided with Wizards of the Coast’s development. In addition, two early-stage external games and an internal project with the codename Jabberwocky were canceled by the business.
Wizards of the Coast Reportedly Cancels at Least 5 Games, Including 2 D&D Titles from Hidden Path & OtherSide https://t.co/Ox3v9zpRhn
— Wccftech (@wccftech) January 4, 2023
Frequently Asked Questions
What happened to Wizards of the Coast?
Hasbro presently owns it as a subsidiary after buying it in 1999. Hasbro underwent a reorganization in February 2021, and Wizards of the Coast was made the head of the brand-new "Wizards & Digital" business. Inc. Wizards of the Coast
Is D&D owned by Wizards of the Coast?
The fantasy tabletop role-playing game Dungeons & Dragons, also known as D&D or DnD, was created by Gary Gygax and Dave Arneson. Tactical Studies Rules, Inc. published the game for the first time in 1974. (TSR). Since 1997, Wizards of the Coast, currently a division of Hasbro, has been the publisher.
Did Wizards of the Coast create DnD?
The fantasy role-playing game Dungeons & Dragons (D&D), developed by American game designers Ernest Gary Gygax and David Arneson, was released by Gygax's firm, Tactical Studies Rules, in 1974. (TSR). In 1997, Wizards of the Coast, a division of Hasbro, Inc., purchased the game.
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