There were already proposals from major shareholders to spin Wizards out. It'll be interesting to see what happens to Hasbro if that happens, as Wizards seems to be the vast majority of Hasbro's revenue.

They also recently burned an absurd amount of goodwill w/ recent proposed changes to D&D licensing, leading to almost anyone they could partner with in the tabletop RPG space to view them in a hostile light. Which will just lead them to leaning on M:tG even harder, continuing to make the product saturation problem worse.