Arcane, a Netflix animated series based on League of Legends, was critically acclaimed yet alleged to be a financial "miss," as Bloomberg reported. Riot Games allegedly spent $250 million across two seasons but failed to attract new game players to recuperate costs. However, Riot co-founder Marc Merrill defended Arcane, emphasising long-term value over short-term gains. Source.
Riot contested Bloomberg’s claims, asserting Arcane’s success through various internal metrics. Merrill highlighted that Riot’s mission-driven strategy targets extended audience engagement rather than immediate profits. This approach aligns with its broader inclusion in sports, music, and animation, suggesting Arcane’s strategic alignment surpasses direct financial metrics.
Question: What do you think about measuring success beyond financial profit in the entertainment industry? Share your thoughts below!
