220°

CD Projekt Red already now worth more than $2 billion

As part of its recent financial report for the first half of 2017, the Polish studio CD Projekt RED revealed that its market value now amounts to $2.3 billion.

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gametransfers.com
roadkillers2410d ago

Yeah Witcher sold more than anyone thought. Just like Fallout 3 to Bethesda, they made the property, the original was just influence.

Not to mention I know nothing of CyberPunk 2033, yet it is hyped before a reveal trailer.

cannon88002410d ago

Yeah Witcher 3 sold a ton of copies. In total they surpassed 25 million copies from the trilogy. Cyberpunk 2077 is gonna be awesome. Did you get the 2033 from Metro 2033? lol That's also a sweet game.

FinalFantasyFanatic2410d ago

They really deserve after all their hard work though, they have crazy big ambitions for their games but they make it work and they do it right (see Witcher 3 DLC).

getbacktogaming2410d ago

With CD Project RED's history I'd be ready to pre-order CyberPunk before it's even revealed! :D

Ceaser98573612409d ago (Edited 2409d ago )

A trailer for Cyberpunk 2033 has been released long back... Even Ciri spoke about it in Witcher 3 :D

+ Show (1) more replyLast reply 2409d ago
Nodoze2410d ago

Wow. STAY AWAY EA. STAY AWAY. DO NOT ACQUIRE + SUBSEQUENTLY DESTROY THIS STUDIO.

Sorry to shout but the idiots that run EA proceed to destroy gaming. BTW thanks for destroying Bioware, and the MAss Effect franchise EA.

V0LT2410d ago

EA has ruined some of the best companies for sure. Going back to the early 90's till now.

eddvdm2410d ago

I'm there with you, but very optimistic that will never happen, at least if CDPR continues to deliver like it does. It recently became the 5th-largest game dev in revenue. Let's not forget CDPR also is very public and explicit about its ways, miles away from EA's perspectives, only if it goes bankrupt, etc.

"The company opposes DRM in video games, and hopes that free downloadable content becomes an industry standard. CD Projekt considers maintaining their independence one of their most important strategies." That is from them, from when they founded GOG, another success.

Add to those the fact that the founders are still there and always reinforced those ideals. I know, when we talk about corporate everything is possible, but these guys are still in charge there, that's why I'm optimistic EA will never get its dirty hands on them.

Said that, RIP Maxis, Westwood, Bullfrog. I miss you all so much.

MegamanXXX2410d ago

Well deserved. I remember playing the Witcher 1 and 2. They have evolved over the years

franwex2410d ago

I say hold. Gwent is getting popular in China and they are about to release a major franchise soon.

SmielmaN2410d ago

If it's worth 2.3 billion now they might be able to sell for almost double. 4 billion would be more than enough to go make a new game without any corporate types telling you you can't do certain things.

Just my two cents anyways lol

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390°

Former Blizzard President Suggests Players Should Have Option to Tip Developers

Former Blizzard president Mike Ybarra recently suggested an interesting concept that has sparked a debate among gamers - the idea of being able to tip developers after completing a game.

LG_Fox_Brazil1d 12h ago

If I had a 100% way to be sure that this money would go to a fund or a reserve dedicated only to the guys who develop the games, be them designers, artists, programmers and so on, I could think about it.

But we all know that this 'tip' would only end up in a publisher's CEO pocket to buy a new yacht, so, no, I ain't tipping anyone anytime soon on this industry

neutralgamer199216h ago

Exactly these companies were raising money for good causes and gamers were donation and come to find out they are keeping a good chunk of be pie

PapaBop7h ago

Yeah tip your developer, 5% proceeds go to developer, 95% to the publisher or whoever. Isn't tipping for staff not making minimum wage? How about they just pay their developers properly and like you know, give them fair bonuses? Too much to ask from Blizzard these days, Kotick saw to that and is now laughing all the way to the bank.

MrDead16h ago(Edited 16h ago)

It's the t**ts at the top looking at ways to cut devs wages and get the players to tip them like waiting staff, and I'll guarantee a percentage is skimmed and kept by Activision Blizzard. This is 100% for shareholder and CEO playouts.

Popsicle15h ago(Edited 15h ago)

I have to agree with this. On the surface tipping devs sounds like a great idea, but in the end it leads to pay cuts and subsidization of pay. Tips then become an expectation or the devs “can’t make a living.” Lastly, especially in the US, tip culture has gotten out of control, and it serves as an excuse not to properly pay employees. Sounds good but doesn’t end well.

1Victor12h ago

Uh so they’re trying triple dip or more we buy the game that they’re already withholding/cutting content for dlc we was told that season pass would help the developers thrive we felt for it.
Now on top of all that plus their sales bonus they want tips enough is enough whatever happens to you create/built a good game get a bonus for sales milestones you care about your game and community we reward you with more sales not for doing 3/4 of a game then save the other 1/4 for dlc and passes after

raWfodog10h ago

The 'tip' is me buying your game in the first place.

S2Killinit7h ago

Very well said. If it was possible to send the money to either the developer or some organization for the betterment of gaming, sure. But we all know that will not be the case.

Rynxie5h ago(Edited 5h ago)

No, it would go to those on the top. They will still fire developers, have a bunch of microtransactions, raise prices of games and so on.

+ Show (4) more repliesLast reply 5h ago
H91d 11h ago

So they eventually don't pay their workers and depend on our tips to pay them like the case with waiters!

Deeeeznuuuts15h ago

That kind of practice is only normal in the states, as far as I know anyway, what a backwards system

H914h ago

No it's as well in a every country that wants to amercanize

bloop12h ago

Ireland is literally the first stop across the pond and we don't have a tipping culture. The only establishments here that would expect a tip are the tourist haunts that Americans visit. Other than that, you might tip in a restaurant as a sign of gratitude for great service and waiting staff would be paid a full wage anyway.

Rebel_Scum6h ago

Tipping is not customary iin most countries dude. Get a passport lol.

Jin_Sakai1d 11h ago

Is this a joke? How about the big wigs giving up some of their pay for their hard working developers.

MrBaskerville17h ago

Maybe the CEO could earn his money based on tips.

mastershredder1d 10h ago

good god. The devs are not baristas dude. Total 1% ideals. Fing Chadosaurus.

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70°

Avalanche Studios Staff Reach Two-Year Union Contract

After six months of negotiating, Avalanche Studios staff have successfully unionized with a new two-year collective bargaining agreement.

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insider-gaming.com
thorstein3d ago

Sega unionized, now Avalanche. Rafiki: It is time

80°

Koei Tecmo seeks Civil Litigation against YOUZU (SINGAPORE) PTE. LTD. for IP infringement

Interesting email from Koei Tecmo which states that the company based in Yokohama, Japan seeks civil litigation for IP infringement with regards to assets used by YOUZU (SINGAPORE) PTE. LTD from the game series “Nobunaga’s Ambition” and “Taiko Risshiden”. According to the email it seems that YOUZU PTE.LTD used music and other assets from those series in its own marketing campaigns online for their game app the “Defendant App”.

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cramgaming.com