CD Projekt RED to Develop Multiple High-Budget Games Starting in 2022

The Witcher 3 and Cyberpunk 2077 developer is also looking opportunities to acquire or merge with other developers to increase its production abilities.

Posted By | On 31st, May. 2021

cd projekt red

CD Projekt has had a rough go of it recently. The publisher is still trying to get Sony’s approval to return the game to the PlayStation Store, the game’s second director and head of production recently resigned due to accusations of bullying, and despite several patches, the game is still pretty buggy. Combine all of that with the news that the company’s net profit is down more than 60% in the first quarter from the same time last year, and it’s easy to see that Cyberpunk 2077‘s release hasn’t been what the company was hoping for.

That might explain why CD Projekt RED is planning to “start parallel high-budget developments from 2022,” according to a report form Reuters. This transition is why former Cyberpunk director Adam Badowski has stepped down to oversee the studio’s transition into developing multiple AAA projects simultaneously. In addition, the studio is also looking for merger and acquisition opportunities.

While these will help the company in the future, CD Projekt is well aware that “future sales growth” depends in large part on figuring how how to bring players back to Cyberpunk. To that end, CD Projekt “confirmed plans to publish free downloadable content and update both Cyberpunk and The Witcher 3 to next-generation consoles in the second half” of the year.

While their current problems are understandable, it’s worth noting that last year was a record year for the company when its “shares hit an all-time high of 464.2 zlotys in the run-up to Cyberpunk’s launch.” Those shares have lost over 60% of their value.


Amazing Articles You Might Want To Check Out!



Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

The Division: Resurgence Announced for iOS and Android, First Trailer Revealed

The Division: Resurgence Announced for iOS and Android, First Trailer Revealed

Play as SHD agents and battle enemy factions in open-world New York. Closed alpha sign-ups for the mobile titl...

Fall Guys Hits 50 Million Players in Two Weeks After Free-to-Play Launch

Fall Guys Hits 50 Million Players in Two Weeks After Free-to-Play Launch

After reaching 20 million players in the first 48 hours, the battle royale party title continues to notch up i...

Gwent: Rogue Mage Announced, Launches Tomorrow for PC and Mobiles

Gwent: Rogue Mage Announced, Launches Tomorrow for PC and Mobiles

Set hundreds of years before the main series with the mage Azul trying to create the first Witcher, the $10 ex...

The Division Mobile Announcement is Coming Today – Rumor

The Division Mobile Announcement is Coming Today – Rumor

Ubisoft Massive confirmed some news this month for the title, but insider Tom Henderson indicates an announcem...

Nintendo Switch – OLED Model Splatoon 3 Edition Launches August 26th

Nintendo Switch – OLED Model Splatoon 3 Edition Launches August 26th

The special model includes a custom dock and Joy Con controllers for $360. A custom Switch Pro Controller and ...

Biomutant Launches for PS5 and Xbox Series X/S on September 6

Biomutant Launches for PS5 and Xbox Series X/S on September 6

On current-gen hardware, the game will feature three graphics modes- Quality, Quality Unleashed, and Performan...