Warner Bros Discovery is shutting down three of its videogame development studios in a move aimed at boosting profitability for its gaming division amid a sluggish recovery in the market, a spokesperson for the company's games unit said on Tuesday.

WB Games, the video game publishing arm of Warner Bros. Discovery, is shutting down three of its development studios, including the developer behind Multiversus and a long-standing developer working on an upcoming Wonder Woman game.

Warner Bros. Discovery Inc. is closing three video-game studios and halting work on a highly anticipated Wonder Woman title in a bid to boost the profitability of its interactive entertainment business.