PLAYSTUDIOS to cease operation of Tetris Block Party
MYPS•PLAYSTUDIOS expects to cease operating Tetris Block Party in October 2026. It expects a non-cash pre-tax impairment charge of $3 million to $3.5 million in Q3 2026.
1. Game shutdown and charge
PLAYSTUDIOS said in a SEC filing that it expects to cease operating Tetris Block Party in October 2026 and reduce the asset’s useful life. The company expects a non-cash pre-tax impairment charge of $3 million to $3.5 million in Q3 2026, related to software development costs and technology bought for the game; it is also evaluating other potential accounting effects, including reassessing contingent consideration.
