CD Projekt is now Europe's second most valuable game company

[midian182]

In brief: It’s been an amazing few years for CD Projekt. The Polish company, parent of The Witcher 3 developer CD Projekt Red, has experienced massive growth in recent times, and now holds the distinction of being the second most valuable gaming company in Europe with an $8 billion market valuation.

As noted by Reddit users, the firm’s valuation has jumped around $1.2 billion in a month. That puts the company behind one other European game studio: France’s Ubisoft, which is valued at $9.52 billion.

CD Projekt, which counts GOG among its subsidiaries, will owe a lot of its current valuation to CD Projekt Red. The Witcher 3 remains one of the best titles ever made, and its popularity received a huge boost when Netflix’s TV show arrived. The game's average number of players for January hit over 48,000—the second-highest it’s been since the 51,000 average at launch in May 2015. The peak player count, meanwhile, passed 100,000 for the first time last month.

The Witcher 3 has made over $50 million on Steam, which means CD Projekt Red is now getting 80 percent of any subsequent sales on the platform—Valve's cut is based on the number of game sales. The RPG has also arrived on the Nintendo Switch, where it boasts upgraded graphics and support for cross-saving with the PC version.

The other big earner for CD Projekt is, of course, Cyberpunk 2077. There was disappointment when it was pushed back to September, but pre-sales on multiple platforms and the hype surrounding its release will have helped increase the company’s valuation.

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https://www.techspot.com/news/84151-cd-projekt-now-europe-second-most-valuable-game.html

 

[Skjorn]

Does that make it at least 12mil pocketed by Valve for selling a single player DRM free game?

I wish they kept CP2077 to GOG until multiplayer is ready.

 

[Cycloid Torus]

For building games like Toyota and Honda build cars.

 

[m4a4]

Does that make it at least 12mil pocketed by Valve for selling a single player DRM free game?

I wish they kept CP2077 to GOG until multiplayer is ready.

That would be stupid on so many levels. They know that a big portion of their fanbase uses and values Steam, so why shoot themselves in the foot? If people want the game on GOG, they are free to do so.

Man, it seems that the Epic Games propaganda is working if people honestly are blind to the value of the Steam store and all of the features it brings to the table lol

 

[Nobina]

The Witcher 3 is their bread and butter.

 

[dangh]

That would be stupid on so many levels. They know that a big portion of their fanbase uses and values Steam, so why shoot themselves in the foot? If people want the game on GOG, they are free to do so.

Man, it seems that the Epic Games propaganda is working if people honestly are blind to the value of the Steam store and all of the features it brings to the table lol

If people want the game on epic store, they are free to do so.
And there is more value in gog than on steam. First, you actually own you copy of game, not renting it.

 

[Evernessince]

Does that make it at least 12mil pocketed by Valve for selling a single player DRM free game?

I wish they kept CP2077 to GOG until multiplayer is ready.

Not factoring in any 3rd party keys they sell, which valve charges 0% on.

They are free to sell their keys on GMG or any of the other 3rd party websites and valve still lets you register your key on steam.

I don't see a downside here. If you disagree with steam's cut then you should be buying from a 3rd party website. Of course they take their own cut but running a business costs money.

 

[m4a4]

If people want the game on epic store, they are free to do so.
And there is more value in gog than on steam. First, you actually own you copy of game, not renting it.

They are only free to do so if they have the choice in the first place (which Epic likes to remove that choice).

And no, there is subjectively more value on Steam with all of it's features (especially community features). But that doesn't mean you can't use both...

 

[Faelan]

I’d rather toss a coin to CD Projekt than Ubisoft...