informa
1 MIN READ
News

Batman, Mortal Kombat help boost Warner Bros. sales, profits

Commercial success of Batman: Arkham Knight and Mortal Kombat X helps boost Warner Bros. quarterly revenue by 15 percent.

Time Warner said today that the commercial success of Batman: Arkham Knight and Mortal Kombat X helped boost revenue in its Warner Bros. division for the fiscal quarter ended June 30.

"In the quarter, Warner Bros.’ games business shined, with the releases of Batman: Arkham Knight and Mortal Kombat X helping make it the top video game publisher for the first half of the year," commented Time Warner chairman and CEO, Jeff Bewkes.

The Warner Bros. division, which houses the Time Warner's games wing, reported a revenue increase of $428 million, pushing overall revenues for the division up to $3.3 billion. Games weren't the only factor in the revenue boost Warner Bros.--TV licensing revenues related to The Big Bang Theory and video on demand licensing of Seinfeld also contributed to the rise.
 
Operating income for Warner Bros. was $344 million for the quarter, up 46 percent year-on-year.
 
While bosses are clearly pleased with a solid quarter, they might be wondering what might've been had they not been forced to suspend sales of Arkham Knight on PC following a disastrous launch. 

Latest Jobs

Xbox Game Studios

Redmond, Washington
10.5.22
Technical Lighting Artist

Innogames

Hamburg, Germany
10.5.22
Game Designer - Elvenar

Six Foot

Houston, TX
10.3.22
Six Foot Director, Player Relations

Hometopia Inc.

Remote
10.7.22
Lead Engineer
More Jobs   

CONNECT WITH US

Explore the
Subscribe to
Follow us

Game Developer Job Board

Game Developer Newsletter

@gamedevdotcom

Explore the

Game Developer Job Board

Browse open positions across the game industry or recruit new talent for your studio

Browse
Subscribe to

Game Developer Newsletter

Get daily Game Developer top stories every morning straight into your inbox

Subscribe
Follow us

@gamedevdotcom

Follow us @gamedevdotcom to stay up-to-date with the latest news & insider information about events & more