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. According to AusilMV, a reputable leaker known for accurate game insights, Season 5 might be the game's final chapter if it fails to perform well. A trusted source reportedly indicated that Season 5 represents a last-ditch attempt to revive the struggling title. While this remains a rumor, the situation is undeniably precarious.

The game's initial launch in 2022 saw meteoric success, peaking at 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 in May 2024 failed to recapture its former glory.

Season 5, commencing in early February, presents a critical juncture for the developers. It's essentially a second chance, though framed as a continuation of the initial, prematurely terminated "beta" from 2022. Despite the game's initial popularity, the March 2023 announcement of a temporary June shutdown caused significant player backlash, particularly among those who purchased the premium edition. The success – or failure – of Season 5 will ultimately determine the fate of MultiVersus.