Hasbro Inc.'s Wizards of the Coast, best known for the Dungeons & Dragons tabletop games, has cancelled at least five video game projects as it scales back its ambitions in the industry.
Wizards of the Coast is still "committed to using digital games," a spokesman said in a statement to Bloomberg, adding that the company has "made some changes to our long-term portfolio to focus on games which are strategically aligned with developing our existing brands and those which show promise in expanding or engaging our audience in new ways."
Fewer than 15 people at Wizards of the Coast will lose their jobs due to the shift and will be given a chance to apply to new roles within the company, the spokesman said.
But the reorganization will land hard for several independent studios such as Boston-based Otherside Entertainment and Bellevue, Washington-based Hidden Path Entertainment, both of which were working on games for Wizards of the Coast.
Hasbro’s Wizards of the Coast Cancels Video Game Projects
Hasbro Inc.’s Wizards of the Coast, best known for the Dungeons & Dragons tabletop games, has cancelled at least five video game projects as it scales back its ambitions in the industry.
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