League of Legends co-creator responds to report that Arcane was a "financial miss," says "people think we make things like Arcane to sell skins, when in reality we sell skins to make things like Arcane"

EntertainmentStreaming ServicesNetflixArcaneLeague of Legends co-creator responds to report that Arcane was a “financial miss,” says “people think we make things like Arcane to sell skins, when in reality we sell skins to make things like Arcane"When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.

EntertainmentStreaming ServicesNetflixArcaneLeague of Legends co-creator responds to report that Arcane was a “financial miss,” says “people think we make things like Arcane to sell skins, when in reality we sell skins to make things like Arcane"When you purchase through links on our site, we may earn an affiliate commission.Here’s how it works.

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(Image credit: Riot Games)

Arcane

According to a new report,Arcanerecouped less than half of its budget from payments to air its 18 episodes, but a Riot co-founder says the show is about more than just money.

Bloomberg’s report claims Arcane was a “financial miss” and Riot “didn’t have a robust plan to recoup the cost of the show before it launched.” Executive producer Paul Bellezza tells Bloomberg the show cost $250 to produce and market, butthat figure has been disputed.

The report states Netflix paid $3 million per episode, and Tencent also paid $3 million for distribution rights to the show in China. This would mean the show only directly made $108 million, less than half the contested budget.

Riot co-founder Marc Merrill took toRedditto defend the show, writing: “People who look at the world through a short term, transactional, cynical lens, really struggle to understand Riot […] These people think we make things like Arcane to sell skins, when in reality we sell skins to make things like Arcane.”

The showrunners have frequently talked up the artistry of the show, and how proud they were to be able to give those working on it the time to make it something great. Considering all thehidden details in Arcane, I’d say it was money well spent.

“Riot is a mission driven company where Rioters are constantly striving to make it better to be a player,” Merill continues. “That is why we have successfully done that over and over again across multiple games and now multiple businesses / mediums - games, sports, music & animation. Do we get everything right? Nope. But we are not focused on the short term extraction of profits - we are focused on delivering exceptional value to our audience over the long term, again and again and again.”

The writers of Arcane took some liberties with the game’s lore to make their story work better for the TV, butour own League of Legends fans simply don’t mind, the show is just that good. What works in one medium doesn’t always work in another, and bending the rules to make a better piece of art.

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“To be clear, Arcane crushed for players and so it crushed for us,” Merill writes.

If you’ve finished Arcane and are looking for your next obsession, check out thebest TV shows of 2024that you can catch up on over the holidays.

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1Nemesis review: “A magical sense of tension”

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1Nemesis review: “A magical sense of tension”

1

Nemesis review: “A magical sense of tension”

2Arcs review: “A whole lot of game in a small package”

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3Path of Exile 2 review: “A stellar start to a thrilling and brutal dark adventure”

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4Indiana Jones and the Great Circle review: “The best adventure Indy has embarked on in over 30 years”

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1Sonic the Hedgehog 3 review: “Keanu Reeves as Shadow is wasted whilst Jim Carrey steals the show”

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3

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4The Lord of the Rings: The War of the Rohirrim review – “An uninspired expansion of the most iconic screen take on Tolkien”

4The Lord of the Rings: The War of the Rohirrim review – “An uninspired expansion of the most iconic screen take on Tolkien”

4

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5Nightbitch review: “Amy Adams' disappointing dark comedy is all bark and no bite”

5Nightbitch review: “Amy Adams' disappointing dark comedy is all bark and no bite”

5

Nightbitch review: “Amy Adams' disappointing dark comedy is all bark and no bite”

1Squid Game season 2 review: “Secures its place as one of the best shows on television right now”

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1

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2Doctor Who 2024 Christmas special review: “Ncuti Gatwa is as magnetic as ever in this delightful festive treat”

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2

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3Secret Level review: “An uneven experience with serious highlights that ultimately make up for the misses”

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3

Secret Level review: “An uneven experience with serious highlights that ultimately make up for the misses”

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4

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5Creature Commandos review: “James Gunn’s heartwarming, R-rated tale about super-monsters proves that the DCU is in good hands”

5Creature Commandos review: “James Gunn’s heartwarming, R-rated tale about super-monsters proves that the DCU is in good hands”

5

Creature Commandos review: “James Gunn’s heartwarming, R-rated tale about super-monsters proves that the DCU is in good hands”

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