{"id":104146,"date":"2019-11-21T22:30:00","date_gmt":"2019-11-21T22:30:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/354556"},"modified":"2019-11-21T22:30:00","modified_gmt":"2019-11-21T22:30:00","slug":"the-witcher-3-continues-to-sell-well-as-cd-projekt-reports-rising-revenue","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2019\/11\/21\/the-witcher-3-continues-to-sell-well-as-cd-projekt-reports-rising-revenue\/","title":{"rendered":"The Witcher 3 continues to sell well as CD Projekt reports rising revenue"},"content":{"rendered":"<p>CD Projekt cites licensing royalties from \u201ccontinuing strong sales\u201d of <em>The Witcher 3<\/em>, its expansion packs, and spin-offs like <em>Thronebreaker: The Witcher Tales <\/em>and in-game <em>Gwent<\/em>&nbsp;sales as the driving forces behind its 38 percent year-over-year increase in revenue for Q3 of the 2019-20 fiscal year.<\/p>\n<p>The group as a whole, including CD Projekt Red, GOG, and other subsidiaries, reported 92.9 million PLN (~$23.9 million) in revenue for the quarter ending September 30.<\/p>\n<p>That makes for a 25.7 million PLN (~$6.6 million) increase year-over-year that was, in addition to everything named above, also aided by GOG revenue, and \u201csales of components of physical editions\u201d of games to distributors like <em>Cyberpunk 2077<\/em> collector\u2019s editions and <em>The Witcher 3<\/em> for Switch ahead of release. Net profit, meanwhile, came in at 14.9 million&nbsp;PLN (~$3.8 million)for the quarter, down from 15.5 million&nbsp;PLN (~$4 million) last year.<\/p>\n<p>Looking just at the game development segment CD Projekt Red, the company reported sales revenue of 63.2 million PLN (~$16.3 million) for the quarter, up from 40.9&nbsp;million PLN (~$10.5 million), and net profit of 16.8&nbsp;million PLN (~$4.3 million), up from 16.1 million PLN (~$4.1 million).<\/p>\n<p>GOG, CD Projekt\u2019s online game store and platform, meanwhile reported sales revenue of 31.5 million PLN (~$8.1 million), up from last year\u2019s 28.1&nbsp;million PLN (~$7.2 million), and a net loss of 1.9 million&nbsp;PLN (~$490,284) for the quarter, up from Q3 2018\u2019s 561,000 PLN (~$144,383) loss.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CD Projekt cites licensing royalties from \u201ccontinuing strong sales\u201d of The Witcher 3, its expansion packs, and spin-offs like Thronebreaker: The Witcher Tales and in-game Gwent&nbsp;sales as the driving forces behind its 38 percent year-over-year increase in revenue for Q3 of the 2019-20 fiscal year. The group as a whole, including CD Projekt Red, GOG, [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":104147,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-104146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/104146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/comments?post=104146"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/104146\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/104147"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=104146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=104146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=104146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}