Insight

Poland’s CD Projekt plans to release Cyberpunk expansion next year

By Anna Pruchnicka

GDANSK (Reuters) – Polish online game maker CD Projekt stated on Thursday it could launch an growth of its flagship “Cyberpunk 2077” recreation subsequent 12 months, after asserting full-year web revenue that topped expectations.

The studio additionally behind the Witcher franchise stated its full-year web revenue reached 208.9 million zlotys ($48.7 million), in contrast with 194 million anticipated by analysts.

Cyberpunk, which took eight years to make and value 1.2 billion zlotys, was one of the crucial anticipated video games of 2020, however after a bug-ridden begin it was stored off Sony’s PlayStation Retailer for six months.

The corporate’s income got here in at 888.2 million zlotys, pushed by Cyberpunk gross sales, however was 58% down from the file 2020 determine it reported within the recreation’s debut 12 months.

“We predict the (revenue) beat could have been pushed by strong gross sales of CP77 and Witcher titles, as gamer engagement seems to be enhancing throughout the trade,” JPMorgan analysts wrote in a word.

Nonetheless, the deliberate 2023 launch of the Cyberpunk growth after a delay to “The Witcher 3: Wild Hunt” model for next-generation consoles introduced on Wednesday, could additional worsen sentiment across the inventory, they stated.

CD Projekt had stated it had taken work on the model again in-house and postponed the discharge, beforehand deliberate for the second quarter, although it stated on Thursday there was no “monumental” delay.

The Polish firm has been engaged on fixing Cyberpunk ever since its launch, and has launched eight updates up to now.

It stated it had offered greater than 18 million copies of the sport up to now, in contrast with greater than 13.7 million it earlier stated it had offered in its debut 12 months.

“We at the moment are happy with the sport and inspired by the players’ reception of its next-gen console version, which launched this February,” Chief Monetary Officer Piotr Nielubowicz stated in a press release.

Cyberpunk is rated a mean 6.5 out of 10 on evaluation aggregator web site Metacritic for its model on PlayStation 5, in contrast with a 3.7 rating for the older era model.

CD Projekt additionally stated it had up to now offered greater than 65 million copies of its medieval fantasy The Witcher franchise, together with greater than 40 million copies of “The Witcher 3: Wild Hunt.”

($1 = 4.2901 zlotys)

(Reporting by Anna Pruchnicka; Enhancing by Jan Harvey and David Holmes)



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