Cyberpunk 2077: CD Projekt pays a fine of 1.64 million euros in its lawsuit against its shareholders

Negotiations between CD Projekt and its investors have just been concluded for the sum of 1.64 million euros. Following the disastrous release of Cyberpunk 2077, the latter had lodged a complaint against the studio, accusing it of having deceived them about the financial performance of the game.

Cyberpunk 2077 Keanu Reeves
Credit: CD Projekt Red

Is this finally the end of the worries for CD Projekt? Nothing is less certain, but the studio has clearly just retired a sacred thorn of the foot. Remember: just days after Cyberpunk 2077 came out, shareholders filed a complaint against the executives, accusing them of lying to them about the game’s actual performance. descent into hell for CD Projekt, which saw its title withdrawn from the PlayStation Store in addition to its reputation tarnished.

After months of negotiations, the two sides finally reached an agreement. And hard not to say that CD Projekt is doing well. Indeed, the studio will have to pay the sum of $ 1.85 billion to investors, or about 1.64 million euros. For comparison, Cyberpunk 2077 cost 316 million dollars (280 million euros) to be produced, an amount recovered in just one day of sales.

On the same topic: Cyberpunk 2077 is coming to PS5 and Xbox Series X in early 2022, it will be free for those who already have the game

CD Projekt gets away with a “small” fine

How to explain such a small number? On closer inspection, it would appear that shareholders did not have as strong a case as they thought. Indeed, at the end of 2020, one would have thought that Cyberpunk 2077 was heading towards disaster, causing CD Projekt in its downfall. But it is clear that the studio limited the damage. Which is really only an understatement, since only a few tens of thousands of players have asked for reimbursement.

Since then, the studio has worked hard to provide a decent experience for them. Yes there is still a long way to go, executives believe that Cyberpunk 2077 has now reached a satisfactory level of performance, which is reflected in particular on sales. As late as the end of November, the game made its return to Steam’s top 10 bestsellers.

Source: The verge

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *