CD Projekt Red is worth $1 billion
That's a lot of Witcher 3 sales.
Disclosing its financial report for the first half of 2016, CD Projekt Red reported a market capitalization of over 3.92 billion zloty, or $1.341 USD (via Gamasutra).
"The Group’s sales revenues and net financial result were dominated by continuing high sales of The Witcher 3: Wild Hunt and by the global release of the game’s second expansion – Blood and Wine," the company said.
Geralt of Rivia carried CDP to financial glory, but has closed the loop on The Witcher 3 and the series as a whole. Fortunately, the forthcoming Game of the Year Edition should put a few more bucks in company coffers; and besides, CDP has plenty of ideas for how to stay profitable between now and the release of Cyberpunk 2077, its next blockbuster title.
Namely, CDP wants to integrate online services for games like Gwent for online features like cross-platform support, and distribute its games in China through Chinese publisher GAEA. Those talks have already begun.
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David Craddock posted a new article, CD Projekt Red is worth $1 billion
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We need more companies like CD Projekt Red, that clearly take pride in the work they produce and are capable of putting out stellar content. It seems like the larger and more successful a company gets, the more they run in the opposite direction from these two tenets... I'm glad CDPR is hitting it out of the park.
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