CD Projekt lost 75% of its value in two years, thanks Cyberpunk 2077…

Founded in 1994 and initially a role-playing game publisher in Poland, CD Project only developed its first game in 2007, The Witcheradapted from the novels The Witcher. A critical and commercial success that launched a franchise until the third installment in 2015, and at that time, CD Project was considered a go-to studio worldwide. And he was going to do even better.

Since theE3 2012the fans were waiting Cyberpunk 2077, FPS/RPG adapted from tabletop role-playing game Cyberpunk 2020, an ultra-ambitious game that was to revolutionize the genre. Investors were expecting a huge hit, and the stock market action of CD Project climbed until August 2020 when it exceeded 40 billion złoty (more than 9.6 billion euros), it was better thanUbisoft ! But that’s where the problems started: the developers repeatedly delayed the launch of Cyberpunk 2077investors began to shake and the stock market fell 25% at the end of the same year 2020.

Two years after being at the top, where is CD Project ? Well, the fall is rough, but logical. As pointed out Business Insider Poland, the stock market valuation of the studio fell below 10 billion złotyi.e. just over two billion euros, a fall of 75% in two years, for a valuation equivalent to that of 2017. Which isn’t too bad, but it’s clear that the complicated development of Cyberpunk 2077 and its postponements caused the studio to suffer. Moreover, according to Business Insider Poland, the new king of video games in Poland would be Techlanddeveloper of Dying Lightwhich would be worth more than 10 billion złoty, even if the studio is not valued on the stock exchange at the moment.

On the side of Cyberpunk 2077despite the complicated launch, the futuristic first-person role-playing game has sold over 18 million copiesa figure that should continue to climb with the launch of its extension in 2023. You can find the game at €59.99 on GOG.com.

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