Is this a rhetorical trick by comparing revenue to profits or is this actually a legit number? That’s hard to believe. I mean I know mtg is profitable but surely the rest of the company provides some profits.
From their reports, yes, this is the legit number. Apparently in Q1 this year, WotC was something like 103% of their profits because their toys and entertainment side lost them money.
Hasbros profit margin on toys can cost them money to sell anything, Hasbros profit margin on cardboard and ink is 40 to 50% return on cost to produce and sell
This is why I support proxying. Or a community takeover of the game. Hope we can get Hasbro out of there someday but I’m not sure how it would happen. They’re just leeches on the player base.
Is this a rhetorical trick by comparing revenue to profits or is this actually a legit number? That’s hard to believe. I mean I know mtg is profitable but surely the rest of the company provides some profits.
From their reports, yes, this is the legit number. Apparently in Q1 this year, WotC was something like 103% of their profits because their toys and entertainment side lost them money.
Hasbros profit margin on toys can cost them money to sell anything, Hasbros profit margin on cardboard and ink is 40 to 50% return on cost to produce and sell
This is why I support proxying. Or a community takeover of the game. Hope we can get Hasbro out of there someday but I’m not sure how it would happen. They’re just leeches on the player base.