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Hasbro brings in veteran Blizzard senior exec John Hight as Wizards of the Coast, digital gaming president

Gaming giant Hasbro has named long-serving Blizzard senior exec John Hight as its new president of Wizards of the Coast and digital gaming, three months after the resignation of former incumbent Cynthia Williams.

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Magic, D&D maker Hasbro lost over $1bn in Q4, predicts WotC revenue decline in 2024

Magic: The Gathering and Dungeons & Dragons owner Hasbro lost more than $1bn in the final quarter of 2023, as huge expenses associated with selling its eOne film and TV business far outweighed growth from its Wizards of the Coast and digital gaming segments.

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Magic: The Gathering, Dungeons and Dragons maker Hasbro is laying off another 1,100 staff amid weak holiday-season demand

Hasbro, the toy and game giant that owns Magic: The Gathering and Dungeons and Dragons studio Wizards of the Coast, is slashing another 1,100 jobs as ongoing macroeconomic concerns eat into consumer demand.

Characters from Magic: The Gathering Phyrexia release

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Hasbro’s strong Q1 results show increasing reliance on Magic amid consumer spending slump

High demand for Hasbro's February Magic: The Gathering release, Phyrexia: All Will Be One, helped propel the gaming giant to a profitable first quarter despite weaker sales from its toys segment.

Mike Didymus - True
28 April 2023