Hasbro takes $56M hit after canceling game projects

Hasbro has recorded a $56 million non-cash impairment in its second-quarter financial results, stemming from the cancellation of several video game projects originally scheduled for release in 2028 and beyond. The announcement, made public on July 21 and 22, 2026, signals a significant strategic shift for the parent company of Wizards of the Coast as it refocuses its digital gaming investments.

The impairment reflects a downward adjustment in the value of Hasbro's digital games portfolio. In a statement, the company said the write-down resulted from a decision to "no longer proceed with select Digital Games projects" as part of a portfolio review. While Hasbro did not name all the canceled titles, one confirmed casualty is a Dungeons & Dragons action-adventure game from Giant Skull, a studio led by former Star Wars Jedi director Stig Asmussen. That publishing deal was terminated earlier this year. The status of a previously announced G.I. Joe game remains unclear, though Hasbro has stated it was not officially canceled as of earlier in 2026.

Despite these cuts, two major projects remain on track. The sci-fi RPG "Exodus" from Archetype Entertainment and the Dungeons & Dragons...