Warner Bros. Video Game Sales Fall in Latest Financial Results
Today, media giant Time Warner revealed its financial results for the first nine months of fiscal year 2017, which ended on December 31st, 2016. While overall the company posted up positive numbers, its video game revenue was down year-over-year.
Time Warner’s Warner Bros. division, which includes not only games but TV and movies, saw flat revenue at $13 billion. And while the company’s movie and TV revenues rose compared to the same period last year, it’s video game revenues did not.
According to Warner Bros., it’s tough to compare this last period to the one before that, which saw major releases like Mortal Kombat X and Batman: Arkham Knight. Meanwhile, this last period, only included smaller games like LEGO Star Wars: The Force Awakens, Batman: Arkham VR, Batman: Return to Arkham, and LEGO Marvel’s Avengers.
Warner Bros. failed to go into sales numbers for specific games.