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

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© Reuters. FILEPHOTO: An eagle flies past the Cd Projekt logo in Warsaw (Poland), January 21st 2020. Photograph taken January 21, 2020. REUTERS/Kacper Pempel

By Anna Pruchnicka

GDANSK (Reuters – Polish game developer CD Projekt has announced that they will publish an expansion to its “Cyberpunk 2077,” game, next year. This announcement comes after announcing a record-breaking full-year profit.

Also behind Witcher, the studio reported a net profit of 208.9 millions zlotys in full-year ($48.7m), against 194 million analysts expected.

Cyberpunk took eight years and cost 1.2 million zlotys to create. It was one of the most anticipated 2020 games, but it was canceled after a troubled start. Sony PlayStation Store six-month subscription (NYSE:

Cyberpunk sales were the main driver of the revenue, which was 58% less than its record-breaking 2020 number.

Analysts at JPMorgan (NYSE) wrote that they believe the profit beat was driven by strong sales of CP77 titles and Witcher games, since gamer engagement seems to be increasing across the industry.

However, the Cyberpunk expansion will still be available in 2023, following a delayed release of “The Witcher 3 Wild Hunt” for next-generation consoles. This could worsen investor sentiment, they stated.

CD Projekt stated that the company had delayed the release because it was unable to produce the final version. It said however, on Thursday, there were no major delays.

Since its inception, the Polish firm has worked tirelessly to fix Cyberpunk and released eight updates.

According to the company, it sold 18 million copies in total so far. This is compared to 13.7 millions it claimed it sold its initial year.

Piotr Nielubowicz Chief Financial Officer stated in a statement that “we are satisfied now with the game” and was encouraged by gamers’ acceptance of the next-gen console edition.

Cyberpunk has been rated on Metacritic an average of 6.5 out 10 for its PlayStation 5 version, compared to a 3.7 score in the older version.

CD Projekt stated that it has sold over 65 million copies so far of the medieval fantasy The Witcher franchise. This includes more than 40,000,000 copies of “The Witcher 3 Wild Hunt”.

($1 = 4.2901 zlotys)

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