{"id":86293,"date":"2026-07-21T13:28:36","date_gmt":"2026-07-21T17:28:36","guid":{"rendered":"https:\/\/vgvote.com\/?p=86293"},"modified":"2026-07-21T13:42:22","modified_gmt":"2026-07-21T17:42:22","slug":"hasbro-is-betting-on-fewer-bigger-video-games-after-56-million-write-down","status":"publish","type":"post","link":"https:\/\/vgvote.com\/?p=86293","title":{"rendered":"Hasbro Is Betting On Fewer, Bigger Video Games After $56 Million Write-Down"},"content":{"rendered":"\n

Hasbro’s ambitious plan to expand into video games appears to have hit an expensive snag, as the company has recorded a $56 million impairment charge related to its video games portfolio for 2028 and beyond, according to its second-quarter earnings results. For the uninitiated, an impairment charge is a sudden loss of value for an asset, making it worth far less than what a company originally paid for it.<\/p>\n

“Over the last several quarters, we have reviewed our portfolio and updated our plans for Hasbro’s digital future,” Hasbro CEO Chris Cocks said<\/a> to shareholders. “That work included canceling several games scheduled for release in 2028 and beyond and recording a $56 million\u00a0non-cash write-down this quarter for related capitalized costs. The write-down reflects the standard we are applying to the portfolio. We are focusing our digital investment behind the franchises, platforms, and partners where we see the clearest upside and where Hasbro has the strongest right to win.”<\/p>\n

According to Cocks, Hasbro will have four priorities going forward for its video game projects–focus, cost discipline, ownable platforms, and partnership. The plan includes a new focus on “trading card games and role-playing games,”\u00a0 a decrease in total digital spend,<\/p>\n","protected":false},"excerpt":{"rendered":"

Hasbro’s ambitious plan to expand into video games appears to have hit an expensive snag, as the company has recorded a $56 million impairment charge related to its video games portfolio for 2028 and beyond, according to its second-quarter earnings results. For the uninitiated, an impairment charge is a sudden loss of value for an…<\/p>\n","protected":false},"author":47,"featured_media":86295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[56],"tags":[],"class_list":["post-86293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-external"],"_links":{"self":[{"href":"https:\/\/vgvote.com\/index.php?rest_route=\/wp\/v2\/posts\/86293"}],"collection":[{"href":"https:\/\/vgvote.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vgvote.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vgvote.com\/index.php?rest_route=\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/vgvote.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=86293"}],"version-history":[{"count":2,"href":"https:\/\/vgvote.com\/index.php?rest_route=\/wp\/v2\/posts\/86293\/revisions"}],"predecessor-version":[{"id":86296,"href":"https:\/\/vgvote.com\/index.php?rest_route=\/wp\/v2\/posts\/86293\/revisions\/86296"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vgvote.com\/index.php?rest_route=\/wp\/v2\/media\/86295"}],"wp:attachment":[{"href":"https:\/\/vgvote.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=86293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vgvote.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=86293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vgvote.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=86293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}