CD PROJEKT shares continue to fall rapidly. For the first time since January 2018, they are trading at a price below 100 zloty ($23.39) apiece. But according to Bank of America, the group of companies should be even cheaper.

In early March, CD PROJEKT announced that it was suspending sales of games in Russia and Belarus. Apparently, this decision affected the income of at least one project — the collectible card game “GWINT”.

Yesterday, CD PROJEKT Group boasted a record revenue of 216.4 million zlotys or $50.3 million. She had never earned so much in the first quarter before. However, neither this nor the twofold increase in profits seem to have impressed investors.

This is stated on the official website of the group of companies. The remaining money (135.19 million zlotys or $31.27 million) is proposed to be sent to the reserve fund.

The Witcher School project has closed in Poland. It was a role-playing quest in the Witcher universe, the participants of which could live in a castle for a while, learn archery and fencing, as well as hunt monsters.

The developers of Cyberpunk 2077 use neon yellow in almost everything related to their game – from art to team announcements. The leading environment artist Michal Janiszewski spoke at the Digital Dragons conference and told why CD Projekt made this color the “calling card” of the title.

The unsuccessful release of Cyberpunk 2077 cost the developers dearly. Since December 2020, the value of CD Projekt shares has sunk by 73.8% and it looks like it will continue to decline. DM BOŚ analysts said that there are no reasons why the situation could change yet.

New sanctions. This time the game. The Polish holding CD Projekt is going to stop selling its games on the territory of the Russian Federation and the Republic of Belarus.

The conflict between CD Projekt and investors over the problematic release of Cyberpunk 2077 is almost over. The Polish company signed a final settlement agreement, but did not admit its guilt.

CD Projekt managed to reach an agreement with investors on the settlement of a class action lawsuit related to the problematic release of Cyberpunk 2077. They will waive all claims against the company and members of the management board, and in return will receive compensation in the amount of $ 1.85 million.CD Projekt announced this in a new report on its official website.

Exactly a year ago, Cyberpunk 2077 was released. Due to numerous problems, CD Projekt shares have fallen by 54% during this time. At the same time, sales of the game are far from initially optimistic forecasts and may turn out to be unsatisfactory.Analysts expect the stock to fall by another 12% in the next 12 months, according to Bloomberg.

CD Projekt has a chance to resolve the conflict with investors in a pre-trial order. The company has entered into negotiations to settle the class action. Separately, the developers of Cyberpunk 2077 noted that they are not going to agree with all the claims in their address.CD Projekt announced this in a new report on its official website.

Against the background of GOG’s losses, CD Projekt shared its plans for the store’s future. The main task is to restructure in order to increase its financial stability. Some of the employees will be transferred to the game development team. GOG itself will no longer be financially dependent on other CD Projekt divisions and will continue to develop the concept of selling titles without DRM protection.CD Projekt told about this during a conversation with investors…

Against the background of large discounts, the attitude of users to Cyberpunk 2077 has noticeably improved. The game has returned to the top of sales, and its views on YouTube have jumped by 540% over the past week. However, CD Projekt in its report for the third quarter still does not disclose the exact sales of the title.Analyst Mat Piscatella from NPD Group drew attention to the growing interest in Cyberpunk 2077.

Last week CD Projekt bought the American studio The Molasses Flood. She will develop a new project based on the original IP. Details of the transaction were not disclosed.

CD Projekt has published a financial report for the first half of 2021 (ended June 30). Revenue grew by almost 30%, but the company still does not disclose data on sales of specific games. CD Projekt also shared information about the next generation versions of Cyberpunk 2077 and The Witcher 3, refusing to name the exact release dates.

In the first seven days since the release of The Witcher: Monster Slayer was downloaded a million times, analysts at Sensor Tower calculated. They also found out that the revenue of the mobile AR game in the Witcher universe in the debut week exceeded $ 500 thousand.

The Witcher: Monster Slayer is a new mobile AR game in The Witcher universe. Developers are not in a hurry to share metrics yet, focusing on fixing numerous bugs. However, the project itself has already crossed the mark of 500 thousand downloads on Google Play in less than a week after the release.The Polish business publication drew attention to this Bankier.pl .

PUBG developers decided to follow in the footsteps of CD PROJEKT and create a “Korean The Witcher“. This is how Krafton described a new project that will be based on the series of Korean fantasy novels “The Bird that Drinks Tears”.