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John Hight

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business1 month ago•2 min saved

Wizards of the Coast Chief Steps Down Amid Growth and Digital Portfolio Reassessment

John Hight resigns as Wizards of the Coast president after two years, despite strong earnings and a recent $56 million impairment hit to Hasbro’s video game portfolio; he will pursue other opportunities and transition to a consulting role after Sept. 1. The company emphasizes confidence in its digital games while prioritizing proven long-term successes, with Exodus and Warlock slated for 2027 and ongoing strong performance from Magic: The Gathering and Dungeons & Dragons. Gen Con 2026 events and Universes Beyond expansions, including The Hobbit, signal continued growth as a leadership search begins.

via Nerdist|

#business #dungeons-and-dragons #hasbro

business1 month ago•2 min saved

John Hight Steps Down as Wizards of the Coast President, Moves to Advisory Role

Wizards of the Coast president John Hight will relinquish the presidency on Sept. 1, 2026 and transition to an advisory role through Sept. 2, 2027 under an SEC filing revealing a Transitional Advisory Services Agreement with Hasbro. Hight, who became president in 2024, oversaw MTG and D&D initiatives and helped WotC achieve a 45% YoY revenue increase to about $2.2 billion, with MTG contributing $1.72 billion. No successor has been named yet.

via Star City Games|

#business #hasbro #john-hight

business1 month ago•5 min saved

Wizards of the Coast chief John Hight to step down, move to advisory role

John Hight will step down as Wizards of the Coast president on September 1 and will remain with the company as an advisor. Joined from Blizzard in 2024, he oversaw Magic: The Gathering, D&D, and upcoming titles like Exodus and Warlock. Hasbro recently booked a $56 million impairment on its video game portfolio and cancelled several 2028+ releases, while Wizards’ core brands remain strong and a successor search has begun; Hight has previously expressed interest in a D&D MMO.

via GamesIndustry.biz|

#business #dungeons-and-dragons #hasbro