Insider: MultiVersus is on the verge of shutting down: Warner Bros. fighting game lost 99% of its players

The future of MultiVersus hangs in the balance. Season 5, launching in early February, could be its last stand, according to industry insider AusilMV. A source close to the developer claims this season represents a final attempt to revive the game's flagging fortunes. While currently just speculation, the situation is undeniably precarious.

The game's initial 2022 launch was a triumph, boasting a peak of 153,000 concurrent Steam players. However, a dramatic 99% player drop followed shortly after, leading Warner Bros. Games to shut down the project in June 2023, controversially labeling it an "open beta test." A relaunch with updates occurred in May 2024, but failed to recapture its initial success.

This relaunch, disguised as a continuation after the "beta" period, proved insufficient to reignite player interest. The abrupt June 2023 shutdown, especially upsetting to those who purchased the premium edition, further damaged the game's reputation. Season 5 therefore represents a make-or-break moment for MultiVersus. Its performance will likely determine the game's ultimate fate.