From Newsgroup: rec.games.frp.dnd
Source:
https://www.belloflostsouls.net/2024/04/dd-recovering-as-hasbro-heads-out-of-q1.html
Dungeons & Dragons
D&D Recovering As Hasbro Heads Out of Q1
J.R. Zambrano
3 Minute Read
Apr 25 2024
2023 was a tough year for tabletop gaming. But the first couple of
months in 2024 seem to be starting on the road to recovery.
ItrCOs the end of a financial quarter, and that means itrCOs once again time to pretend that infinite growth is not only possible but sustainable and expected. In other words, itrCOs time for Hasbro to have another investor call, where they explain how things are in the state of the industry.
According to reporting from Hasbro and ICv2, tabletop gaming declined
last year, with D&D seeing a 30% decline compared to the previous year.
This is understandable, of course. After all, we were coming out of the pandemic surge of growth, and people were staying home. ItrCOs a reckoning across multiple industries.
But, in the latest earnings call from Hasbro, which covered Q1 2024, it
looks like D&D is on the rise. At least a little bit. And more, it looks
like there are new licensing agreements that may well factor into how
D&D grows over the next few years. LetrCOs take a look at what Hasbro had
to say.
D&D Up Despite HasbrorCOs Overall Decline
Per the investor call, Hasbro saw D&D start on the road back to
recovering. According to Hasbro CEO Chris Cocks, Q1 rCLsaw tangible progressrCY on HasbrorCOs turnaround. Of particular interest were several pieces of D&D news that werCOll probably see more of in the coming months. Notably, Cocks mentioned the upcoming D&D game from Gameloft, makers of Dreamlight Valley, and a Q1 licensing agreement with Resolution Games,
the makers of Demeo. This last one, in particular, should be a really interesting partnership.
Demeo is best described as a virtual reality love letter to D&D. You
play not as a D&D character but as someone gathered in a virtual
basement to play a D&D-type game. ItrCOs very fun and very tactical. And itrCOs avenues like this where werCOre more likely to see D&D keep
expanding. As Cocks said, digital gaming is where D&D will grow the most:
rCLStay tuned for more exciting innovation from our D&D team later
this year as we continue to scale D&D Beyond and expand the richness of tabletop game play to digital. We expect to connect to an even wider
audience while delighting our existing fans as D&D celebrates its 50th anniversary.rCY
And it performed well overall, with WotC once again being the overall
top grower in HasbrorCOs portfolio, up 7%, while Hasbro overall is down
24% in terms of revenue. But a lot of that is coming from digital and
licensed game sales, as opposed to rCLoverall tabletop gamingrCY which is
only up 5%.
BaldurrCOs Gate 3 continues to leave its mark, in other words.
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