Culture
culture

Warner Bros. already spent $100 million on the Wonder Woman game it just canceled

Warner Bros. Discovery is shuttering three studios in its video games division in an apparent effort to fix the flailing business.

The 31-year-old studio Monolith Productions (“Middle-earth: Shadow of War”), Player First Games (“MultiVersus”), and Warner Bros. Games San Diego are all being closed, per reporting from Bloomberg’s Jason Schreier.

The company also said its canceling one of its biggest projects, a Wonder Woman game (by Monolith) that had gone through a turbulent development. Warner Bros. reportedly spent more than $100 million on the title, which will now never see the light of day.

Warner Bros. holds the rights to massively popular gaming-friendly IP like Batman, “The Lord of the Rings,” “Game of Thrones,” and Harry Potter, but it has struggled to find a hit since 2023s “Hogwarts Legacy.”

The studio had an abysmal 2024, including a $200 million loss on its “Suicide Squad” title. That game likely wouldve been the industrys biggest disappointment of the year, were it not for the historically bad performance of Sony’s “Concord.”

The company also said its canceling one of its biggest projects, a Wonder Woman game (by Monolith) that had gone through a turbulent development. Warner Bros. reportedly spent more than $100 million on the title, which will now never see the light of day.

Warner Bros. holds the rights to massively popular gaming-friendly IP like Batman, “The Lord of the Rings,” “Game of Thrones,” and Harry Potter, but it has struggled to find a hit since 2023s “Hogwarts Legacy.”

The studio had an abysmal 2024, including a $200 million loss on its “Suicide Squad” title. That game likely wouldve been the industrys biggest disappointment of the year, were it not for the historically bad performance of Sony’s “Concord.”

More Culture

See all Culture
Family in front of TV

Hollywood may have its best year at the box office since 2019, but streaming audiences are still obsessed with old content

Viewers are opting for catalog content over new shows and movies across (pretty much) every major streamer.

Tom Jones6/29/26
culture
Tom Jones

The BBC has become the world’s top news website... by collapsing a little less than its competition

Press Gazette just published its annual look at the biggest news sites in the world across all languages; for the most part, it doesn’t make for particularly pretty reading.

The journalism industry publication’s latest update, which is based on estimates provided by Similarweb for May, found that 37 of the world’s 50 most visited news sites saw their reach shrink. Press Gazette highlighted that American outlets have been hit particularly hard by declining Google traffic compared to European counterparts, owing to the platform’s AI features rolling out earlier in the US.

Even the BBC, having climbed the rankings from last year to top the 2026 chart — reportedly in part thanks to Similarweb’s decision to combine the “.co.uk” and “.com” versions of the URL, given that the sites redirect to each other depending on the user’s location — showed a 1.9% decline from last year.

Latest Stories

Sherwood Media, LLC and Chartr Limited produce fresh and unique perspectives on topical financial news and are fully owned subsidiaries of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Money, LLC, Robinhood U.K. Ltd, Robinhood Derivatives, LLC, Robinhood Gold, LLC, Robinhood Asset Management, LLC, Robinhood Credit, Inc., Robinhood Ventures DE, LLC and, where applicable, its managed investment vehicles.