The Riot Arcane financial failure issue brought on by reports that show the cost for Netflix series was way more than what the company had in mind, making it a complete flop, has a been hot topic.
Despite being one of Netflix’s best shows with stunning visuals and a great story, mentions of staggering costs seem to haunt its reputation. Will this news of “defeat” loom over the show’s success? Or will Arcane remain a beloved title that both fans and the company are happy about?
Join us as we tackle this news together and learn more about it!
League of Legends Arcane a Universally Recognized Awesome Show Despite Arcane's "Financial Failure"
With extremely high ratings from both critics and viewers, Arcane is widely regarded as one of the greatest Netflix series ever. However, according to recent reports of Riot Arcane financial failure, the incredibly expensive Netflix show was not exactly making a lot of money for Riot Games and may have even lost some. Riot is fortunate that the leadership doesn’t appear to give a damn.
It cost $250 million, according to Bloomberg’s report, and it didn’t quite work out because Netflix gave them $3 million per episode for broadcasting it and Riot’s parent company Tencent an additional $3 million per episode to bring it to China. That’s around half the production cost when totaled. However, Riot claims that it will “at least break-even” and has boosted sales in other ways.
According to the article, several workers did not like the concept of investing in Arcane, particularly after Riot let go of 11% of its workforce. It also said that the lack of income “paused” the development of additional shows.
However, Christian Linke, the show’s producer, made some noteworthy statements following the release of Arcane season 2, indicating that they were headed to other areas and other characters from the game for future shows. There’s no word on how, if at all, costs might decrease to make that happen and fix the alleged Riot Arcane financial failure.
League of Legends Arcane Was Made as a Love Letter—Not a Cash Grab
Since animated shows have long been used to promote toys and games, it’s simple to presume that that’s the only they’re made for. Marc Merrill, a co-founder of the company, claims that Riot Games’ League of Legends animated series Arcane was not intended to boost sales to the MOBA.
In a Reddit comment, Marc explains that “People who look at the world through a short term, transactional, cynical lens, really struggle to understand Riot.” He expresses that he and Riot are not making Arcane so that they can just sell skins because, in reality, it’s the skins that make the creation of great shows like Arcane possible.
Marc’s comment has 1.7k upvotes and just skimming through what other Redditors from the community have to say, it’s clear that what Marc said resonated with a lot of people. One commenter even said that they wouldn’t mind supporting Riot actually switching up and deciding to make shows just to sell some in-game skins, so long as they continue to deliver wonderful shows like Arcane.
Of course, it’s not just all good because some have called out some obvious things. Layoffs are never a good look unless an employee has had a really long rap sheet of bad behavior, so it’s natural to have some people criticizing a company’s decision for doing so.
You have individuals saying that what Marc did was just PR. Others mention the layoff and how many people lost their jobs was just sad and that it shows the lack of love Riot has for its employees. There were even mentions of how expensive these skins were, reaching prices of 200+ USD, implying that this was a sign that the Riot Arcane financial failure was true.
The Arcane Critical Acclaim Got Shows How Much Fans Love It
Now, is Arcane truly the success we tell ourselves that it is, or was it a failure riding the coattails of a hyped MOBA game? No one truly knows.
However, what is clear is that those who love the show and game don’t give a damn. According to Riot leadership, the audience will benefit if the company decides to invest hundreds of millions in series like Arcane. If people find the show appealing and their universe keeps growing, then it’s a win for everyone.
Nevertheless, if a new series does emerge, it will be years before this notion is tested once more. For now, it seems the report is the only thing that claims Riot Arcane financial failure is bad for the company.
Just check out the comments section pouring with positive things to say about Riot and Arcane in a video talking about the issue by DefaultDanielS Gaming:
It's Your Turn: What Do You Think About the Riot Arcane Financial Failure Issue?
Arcane is still a wonderful show that many people love. But what do you think? Does the news of the Riot Arcane financial failure change your opinions about the Netflix series?
Let us know by leaving your comments. We’re looking forward to knowing and talking to you guys about this topic. Oh, and check out our article on Marvel Rivals and its shocking 10 million players in just 72 hours!
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