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Bibliography:
https://hasbro.gcs-web.com/news-releases/news-release-details/hasbro-names-chris-cocks-chief-executive-officer
https://www.geekwire.com/2023/new-round-of-layoffs-at-hasbro-impacts-wizards-of-the-coast-read-ceos-memo-to-staff/
https://www.hipstersofthecoast.com/2023/10/magic-revenue-grew-20-in-q3-2023-and-the-magic-netflix-show-lives/
https://www.macrotrends.net/stocks/charts/HAS/hasbro/gross-profit
https://www.xfire.com/hasbro-q3-earnings-stock-decline-wotc-high-revenue-dnd-mtg/
https://magicuntapped.com/index.php/news/the-lord-of-the-rings-tales-of-middle-earth-on-track-to-be-magics-best-selling-set-ever
https://www.circana.com/intelligence/press-releases/2023/us-toy-industry-sales-decline-8-through-september-circana-reports/
https://www.the-numbers.com/movies/production-company/Entertainment-One
https://www.brookings.edu/articles/profits-and-the-pandemic-as-shareholder-wealth-soared-workers-were-left-behind/
https://tech.co/news/ceos-taking-pay-cuts
https://www.hipstersofthecoast.com/2022/04/magic-the-gathering-revenue-grew-7-in-q1-2022-led-by-kamigawa-neon-dynasty/
Even outside of the MTG sphere, they canned most of the D&D team, including those who helped develop the gameplay system used in Baldur’s Gate 3 which was the universally recognized best video game of this year.
Goes to show that even a team at its best isn’t immune to corporate greed.
From the video, it was insane that several of the highest grossing sections at WotC were culled. With the excuse that they were cutting underperforming divisions.
I honestly hope this happens. Whether they get mass poached or just form their own new competition, they were clearly good at making products we enjoy.