According to Bloomberg, Wizards of the Coast, the publisher of Dungeons & Dragons and Magic: The Gathering, has covered up the development of at least five video games in its franchises.
Wizards of the Coast will continue to produce video games, but will focus on developing existing brands and expanding its audience. The company is known to have cancelled an internal project codenamed Jabberwocky and two early-stage games from outside studios.
The reorganization will result in the loss of just under 15 jobs, but they will be able to take on other positions in the company. Other publishing partners Otherside Entertainment and Hidden Path Entertainment, who made games under the licenses of Wizards of the Coast, will also be affected.
Wizards of the Coast’s change was likely driven by financial difficulties at parent company Hasbro, whose shares fell 40% in 2022 as the toys sold poorly due to higher prices.
Wizards of the Coast has signed multiple labels and opened six of their own studios. The results were mixed – Dungeons & Dragons: Dark Alliance was not well received, for example, while Baldur’s Gate III was one of the most anticipated games of 2023.