Cyberpunk 2077: almost 1 billion losses on the stock market due to bugs on PS4 and Xbox One

11.12.2020

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The CD Projekt Red teams must have woken up with quite a headache this morning. While the studio boasted yesterday of having registered 8 million pre-orders, which has generated almost $ 500,000 million in sales, we learn at the moment that the financial markets were more worried versions intended for the PS4 and Xbox One consoles. It is true that since the official release of the game, it is finally possible to discover what the title really looks like, and the result is edifying. Not only is the game riddled with disturbing bugs, but Cyberpunk 2077 no longer really looks like the demos we were shown several years ago at shows such as E3.

The result: a violent plunge in the stock market by the price of CD Projekt Red, since the latter fell 8.54%, which is equivalent to a rMarket capitalization has fallen to just under $ 1 billion. If the game is therefore a commercial success at launch, the developers of CD Projekt Red probably did not expect a backfire as violent as this one. Word of mouth is negative, people have called to cancel their pre-orders, while refund requests multiply on the Internet. Cédric Lagarrigue, founder and former boss of the French publisher Focus Home Interactive, recently explained that the pressure was undoubtedly very strong, since the stock market values the CD Projekt studio no less than 200 times its profits, which is just colossal. Certain that the studio will recoup its costs with Cyberpunk 2077, Cédric Lagarrigue had probably not anticipated the bad buzz that would result from his old gen console versions either.

According to the Polish bank, the production of Cyberpunk 2077 would have cost the tidy sum of 328 million dollars (which includes both development and marketing expenses) according to the Polish bank BOS. For its part, the Polish studio continues to communicate on certain figures, in particular that the game has generated 50 million dollars only on Steam in the last two weeks, with 80% of the revenues going directly into the pocket of CD Projekt Red.

Cyberpunk 2077 already exceeded million in revenues on the Steam platform over 2 weeks ago 👌 pic.twitter.com/JkDDMJdp83

– CD PROJEKT IR (@CDPROJEKTRED_IR) December 10, 2020

We also learn that of the 8 million pre-orders, 59% were made on PC, while the remaining 41% are shared on consoles, knowing that 74% of sales were made in digital versus 26% for physical versions. We imagine that the health crisis has played on the distribution of these figures. We remind you by the same occasion that a few months ago, Thanks to the Netflix series, CD Projekt’s revenues had increased significantly as the studio had recorded no less than 521 million zlotys in turnover, or the equivalent of 121 million euros. A record for the Japanese firm.