Case Study · Analysis

The Signals Were There

How community data could have predicted MTG's biggest hit (and flop) — and what it tells us about 2026

In 2025, Wizards of the Coast released two major Universes Beyond sets: Final Fantasy in June and Spider-Man in September. One made $200 million in a single day. The other is still sitting on shelves.

The question: Could store owners have known which was which before placing pre-orders?

The answer: Yes. The signals were visible months in advance. Nobody was aggregating them.

$200M
FF day-one revenue
6 months
How long LotR took to hit $200M
"Sitting on shelves"
Spider-Man store reports

"Lord of the Rings took six months to deliver $200 million of revenue, Final Fantasy took one day, and we left demand on the table," Hasbro CEO Chris Cocks told analysts during the Q2 2025 earnings call.

The Signals: What Reddit Said

The clearest signal was community sentiment at announcement. Here's what people were saying — all of this was public, searchable, and available during the pre-order window:

✓ Final Fantasy (2023-2024 announcements)

"A crossover they wanted most but didn't think was possible due to the FFTCG"
"I got back into MTG when I first heard about this"
"FF, like LOTR or W40k feels like fantasy setting. There's lots of cards that could come untouched from any other in-universe sets."

✗ Spider-Man (Oct 2024 - Sept 2025)

"The problems displayed by Spider-Man are exactly what naysayers were worried about when it was announced"
"I like FF, I like Spider-Man... I spent a lot on the FF set and don't plan to buy anything for SM. Because FF feels like fantasy. But not for Marvel."
"Spider-Man fans are not necessarily gamers, unlike Final Fantasy fans."
Key insight: On July 29, 2025 — two months before Spider-Man released — Polygon published an explicit warning, citing Hasbro's own CEO explaining why Final Fantasy worked and Spider-Man might not. This was public. It was ignored.

The Five-Factor Framework

Based on this analysis, we identified five signals that matter most for predicting Universes Beyond performance:

Factor Final Fantasy Spider-Man
Community Sentiment
Reddit reaction at announcement
Euphoric Skeptical
Collector Culture
Does the fanbase buy $100+ hobby products?
Strong (art books, figures, soundtracks) Weak (movie tickets, t-shirts)
TCG Familiarity
Does the audience understand card games?
Yes (FFTCG exists) No
Fantasy Setting Fit
Would the cards look natural in Magic?
High (swords, magic, monsters) Low (modern NYC, quips)
Fanbase Overlap
Pipeline from this IP to MTG players?
High (RPG gamers → MTG) Low (movie watchers)

Backtest: Does This Framework Work?

We applied this framework retroactively to all major Universes Beyond releases:

Set Release Framework Score Actual Outcome
Warhammer 40K Oct 2022 43/50 ✓ Reprinted 3x
Lord of the Rings June 2023 38/50 ✓ $200M in 6 months
Doctor Who Oct 2023 22/50 ~ Below expectations
Fallout Mar 2024 39/50 ✓ Best Commander ever
Final Fantasy June 2025 46/50 ✓ $200M in 1 DAY
Spider-Man Sept 2025 15/50 ✗ Sitting on shelves
Methodology note: The framework scores showed strong correlation (r = 0.97) with our assessed outcomes across these 6 sets. This is encouraging but preliminary — we assigned both the input scores and outcome scores retrospectively, which means this is hypothesis validation, not proof. The real test is prospective prediction, which is why we're publishing our 2026 calls now.

See full methodology: scoring rubrics, raw data, and what didn't correlate →

2026 Predictions: Testing the Framework Live

Four Universes Beyond sets are announced for 2026. Here's what our framework says — recorded now so you can check back:

41/50

The Hobbit

August 2026
● Order Heavy

Tolkien proven. Fantasy fit perfect. LotR goodwill carries.

24/50

Marvel Super Heroes

June 2026
● Order Cautiously

Better than Spider-Man (Arena support). Still IP mismatch.

24/50

TMNT

March 2026
● Order Light

Nostalgia pull, but modern urban setting doesn't fit MTG.

24/50

Star Trek

November 2026
● Reduce Allocation

Strong collectors, but hard sci-fi is fundamental mismatch.

Predictions recorded: January 31, 2026, 05:30 UTC
Checkpoints: TMNT (April 2026), Marvel (July 2026), Hobbit (Sept 2026), Star Trek (Dec 2026)

The Store Owner's Dilemma

Here's the problem: store owners don't have time to monitor Reddit, track collector culture, and analyze fanbase demographics. They're running a business.

They get a distributor email that says "Pre-order Spider-Man" with a deadline. They know Spider-Man is popular. They order.

What they needed:

"Community Signal Score: Final Fantasy 9/10, Spider-Man 4/10"

"Key concern: Spider-Man fans don't collect. FF fans already spend $100+ on hobby products. Expect 50-70% lower sell-through."

The data existed. It wasn't aggregated. Stores ordered blind.

That's what we're building.

Sources

Financial Data

Community Sentiment

Industry Analysis

Analysis conducted: January 31, 2026
All Reddit threads and articles were live at time of research.