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Adam Kici?ski, the President and Joint CEO of CD Projekt RED, recently came out and stated they still plan on selling Cyberpunk 2077, "for years to come." This and more were touched on in a Reuters interview.
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They did the same with Witcher 3 and the game is still selling like crazy. Every time it's on sale it gets to the bestselling group on GoG and often on Steam too. Years from its release the game outperformed its release year numbers, so why would it be different with CP2077? Especially bearing in mind the future discounts. CP2077 will be making them TONS of money for years to come.
well to be fair most problems was on consoles, on pc its playable, even if some things are bugged or annoying
Are you sure? The gaming media reported this like it was the end of the world in the run up to Christmas. It must still be the end of the world right, not just that they needed time to fix any issues?
Only last gen consoles. I had no issues on my XBox One X scorpio edition and now on my new XBox Series X it runs flawlessly.
My biggest gripe is that a ton of promissed content and features is simply missing.
So I hope they slowly bring in the missing content and features via upcoming patches, so the game becomes more interesting to play.
There is literally zero replayability now. Unlike for example the Witcher 3 that had a ton of interesting side quest chains with interesting stories, that were just as good if not better than the main story line. Not to mention that choices had an actual impact with different outcomes. So each new playthrough never felt the same. You always found something new or stuff you missed before.
CP2077 has nothing of that. Just a mediocre main story line, with meaningless choices and a bunch of skippable side missions that are boring/simplistic/repetitive and forgettable.
It offers the same old but with a fancier skin and lighting.
I need a game and imo if your going to sell or try to sell me a NEW game,it had better be NEW and not a direct copy cat of GTA of which we have already had several of those as well a few Cyberpunk games in the franchise.
QUIT the LAZY rehashed game designs,be creative and give us stuff that is fun and NEVER linear.
For me to EVER enjoy a game that resembles a RPG,a living person, i NEED to have real life like content like survival games have.If your game is going to make a store i NEED to enter that store and not just look at a 2D texture slapped on to surfaces.
So in other words ,CDPRojeckt spent a lot of time and money doing MOST of the things IDC about.So imo they did NOT deliver a game or the WORLD or the interaction i need to see to bring my character to life.
Never forget 3 mile Island and never trust a government official or company spokesman.
“Microtransactions? In a single player role-playing game? Are you nuts?”
― CD PROJEKT RED
LoL .. it will need to make them tons of money and very quickly ..
OTGLF closed today 47.20 .. down 53% since 2077 release ..
OTGLF has now shed 4.3 BILLION (53%) in market value ..
The future does not look good with limited IPs to pull from and recover .. The bleeding has not slowed since Dec ..
Wouldn't layoffs be triggered by operating losses? Unless you're talking about Activision style PR layoffs to boost investor confidence.
“Microtransactions? In a single player role-playing game? Are you nuts?”
― CD PROJEKT RED
The issue with CDPR is not so much that they lost over 53% market value. Plenty of companies have been able to recover from that.
The issue is that they lied to investors, which is the worst thing you can do and in a lot of countries that's even a crime. Hence, the pending lawsuit(s).
I said it back in December. Top management in CDPR is rotten to the core and needs to step down and go, if CDPR is going to recover from this. This is the only way they will be able to regain trust from investors, is by installing new Top management.
That's how it works in the Corporate world and always has. When such dramatic things happen, top management gets fired and replaced. As no serious investor is going to put money in this company anymore, with current management in place.
https://wallarm.com/
CDPR stock was grossly overvalued since the start of the CP2077 hype. In the years following W3 release (with all its accolades and huge profits), the stock was hovering between 100-200 PLN. When CP2077 hype began, it started to climb all the way to the crazy price of 400+ PLN. Now I'm not saying they can't get there - perhaps after several big hits in a row and a proof of consistent quality and financial performance - but not after a single global hit. The 50% loss in market value is nothing else but correction of the unrealistic price developments since 2018.
I'm not sure which loan you refer to, CDPR have received a number of grants from the Polish government and from the EU since late 2000s. I wouldn't be surprised if they did take additional commercial loans, even with their strong revenues from W3. Based on their results and on the CP2077 hype, it wouldn't be shocking if the banks were lining up in front of their door with great offers. If it makes financial sense, even well operating and financially secure companies do borrow money (for example to repay previous less favourable loans or to reinforce their future capacity while the conditions are good).
People may call for resignation of their management all they want - to me it just shows that activism and entitlement among gamers calling for blood are stronger than rational thinking these days.
The thing is: one third of all the CDPR shares are held by four people. Two of them founded CDPR back in the '90s. All four of them are in key management positions. The current CEO is brother of the second largest shareholder. This is not a standard publicly-traded company, it's a mix of that and a 'family business'.
You may not like CP2077 and the hype and disappointment around it, but the company has been built by those 4-5 people, they were there through the bad (like almost going bankrupt in 2007-2008) and the good, they now own a large part of it and manage it and there would be no CDPR without them. Leaving aside speculators, their investors know it very well.
Whether CDPR lied to the investors is something for the court to determine, isn't it? If the verdict is 'guilty' we will see changes in the management. If not, CDPR are very unlikely to swap the management team.
Don't underestimate this, since employees themselves most likely have stock in CDPR themselves and directly financially affected as well by the actions of their Management.
It on Stadia is just amazing!!!!
well that was more like a expectation against reality, plus EA pays or ban news based on what they say, and since EA keep pushing crap games every year, against a dev who toss a game each couple of years then they kinda go overboard, plus who in right mind beilve in news outlets or jornalists, you can't belive in anything they said, check at least 3 to 5 sources then maybe you will start to picture the truth
Companies fall and rise and all the time, and unlike Cyberpunk and CDPRJ, some ppl here won't improve. Quit being cynical.
I will just say this because I don't want to skew anything.
They are trying to be like RDO. That's so bad.
This was my concern. I had the urge to pre-order and dind't. . then it was 20% off. . I still didn't. I don't mind using my imagination in a great game world to fill in the blanks but it just seemed bland on actual playthroughs. Thanks goodness for YouTube and Twitch in this case.
Wa min God! Se æx on min heafod is!
Besides if they fix the game, sell some cool DLCs, they can recover a bit.
Some investors were hoping for a future great online cash cow, like GTA online... that evaporated.