CD Projekt is a Dark Horse

CD Projekt is a Dark Horse

CD Projekt (OTC: OTGLY) is a Polish video game company whose stock was hammered after the December 2020 release of Cyberpunk 2077.  After a major drop in value during 2021, CD Projekt stock fell a further 40% in 2022. However, Cyberpunk 2077 is looking like a strong performer going into 2023.  CD Projekt has also announced a major strategy based around the.....
CD Projekt Has Solid Profit

CD Projekt Has Solid Profit

For the first nine months of fiscal 2022 ending 9/30/22, CD Projekt (OTC: OTGLY) reported that net sales were flat at €133 million.  However, the company showed a net before-tax profit of €57 million (up from €29 million in the first nine months of 2021). Analysis CD Projekt is recovering from its disastrous launch of Cyberpunk 2077 in December 2020.  Cyberpunk is actually enjoying.....
CD Projekt Updates Strategy

CD Projekt Updates Strategy

Poland-based game company CD Projekt released a long-term strategy update.  The company is planning for a number of games in the Witcher and Cyberpunk universes.  CD Projekt is also working on a new IP codenamed Hadar and is exploring opportunities in film and TV.  The company is also opening a new North American studio in Boston and expanding its Vancouver studio. Analysis In December 2020, CD Projekt launched the highly anticipated Cyberpunk 2077......
Can CD Projekt Recover from the Cyberpunk 2077 Disaster?

Can CD Projekt Recover from the Cyberpunk 2077 Disaster?

CD Projekt, based in Poland, is the developer and publisher of Cyberpunk 2077.  The company has been around for many years, but DFC Intelligence first became interested in them when they launched Good Old Games/GOG.com back in 2008. Good Old Games was designed as a digital distribution service for PC games along the lines of Steam.  The twist was they focused on older IP.  DFC did an analysis of the GOG and CD Projekt back .....

Witcher 3 Sales Top 4 Million

JUNE 9, 2015 • CD Projekt SA reports its Witcher 3 sales have surpassed 4 million units sold in two weeks. The title, The Witcher 3: Wild Hunt RPG, was released on May 19 for the PC, PlayStation 4 and Xbox One platforms. The previous two installments in the franchise have together sold 10 million units, according to the company. Although CD Projekt does not break out the figures, that tally is two million higher than the combined total announced last September......

Polish Prime Minister Gifts Witcher 2 to President Obama

MAY 28, 2011 • In what may be a first in presidential gifts, during his visit to Poland, President Barack Obama was presented a collector’s edition copy of The Witcher 2: Assassins of Kings by Polish Prime Minister Donald Franciszek Tusk. The PC game was developed by CD Projekt in Warsaw. Impact: Although the gift was likely a sly play on, and acknowledgement of, the demise of Osama bin .....

CD Projekt to Fine Witcher 2 Pirates

NOV. 20, 2010 • Fearing that its upcoming single-player RPG Witcher 2 will be a major piracy target, Polish publisher CD Projekt is signing on with legal firms in larger markets. Users whose accounts can be identified with an illegal download of the game will receive a letter demanding payment of a fine, or risk legal action. CD Projekt says the fine amount will be more than the retail price of the game, but hasn’t said how much. .....

CD Projekt Goes Public

OCT. 2, 2009 • Polish distributor CD Projekt (who also owns digital distributor GoG.com) is bypassing the normal procedures to go from a private company to a publicly-traded company. To that end, CD Projekt has signed a letter of intent with Optimus S......