{"id":117542,"date":"2020-09-03T21:13:00","date_gmt":"2020-09-03T21:13:00","guid":{"rendered":"http:\/\/www.gamasutra.com\/view\/news\/369517"},"modified":"2020-09-03T21:13:00","modified_gmt":"2020-09-03T21:13:00","slug":"with-profit-and-revenue-on-the-rise-cd-projekt-heaps-praise-on-the-witcher-3","status":"publish","type":"post","link":"https:\/\/sickgaming.net\/blog\/2020\/09\/03\/with-profit-and-revenue-on-the-rise-cd-projekt-heaps-praise-on-the-witcher-3\/","title":{"rendered":"With profit and revenue on the rise, CD Projekt heaps praise on The Witcher 3"},"content":{"rendered":"

It\u2019s been over five years since CD Projekt Red launched The Witcher 3<\/em>, and even still the game remains a key contributor to CD Projekt\u2019s earnings. <\/p>\n

This H1 report is however, barring another delay, the last quarterly check-in CD Projekt Red will release before its ambitious role-playing game Cyberpunk 2077<\/em> launches, meaning The Witcher 3<\/em>‘s reign as CD Projekt’s top earner may very well be nearing its final days. <\/p>\n

Closing out the first half of its 2020 fiscal year, CD Projekt reported 364 million PLN (~$97.2 million) in revenue, up nearly 70 percent year-over-year while its net profit hit 147 million PLN (~$39.3 million) and nearly tripled last year\u2019s net profit of 51.5 million PLN (~$13.8 million).<\/p>\n

Much of those increases were, unsurprisingly, driven by sales of The Witcher 3<\/em>. The game itself received a helpful boost in visibility due to its Nintendo Switch launch late last year, while other properties in The Witcher <\/em>franchise helped boost H1\u2019s numbers as well.<\/p>\n

Namely, Gwent<\/em> boasted its best H1 in history thanks at least partially to debuts on iOS, Android, and Steam, though, following in Q1’s footsteps<\/a>, The Witcher<\/em> spinoff Thronebreaker<\/em> is also named as a notable contributor.<\/p>\n

In a brief earnings highlight, CD Projekt CFO Piotr Nielubowicz also notes that GOG.com closed out the six month period with its best H1 to date, reporting 109.8 million PLN (~$29.3 million) in revenue and 5.6 million PLN (~$1.5 million) in profit. <\/p>\n","protected":false},"excerpt":{"rendered":"

It\u2019s been over five years since CD Projekt Red launched The Witcher 3, and even still the game remains a key contributor to CD Projekt\u2019s earnings.  This H1 report is however, barring another delay, the last quarterly check-in CD Projekt Red will release before its ambitious role-playing game Cyberpunk 2077 launches, meaning The Witcher 3‘s reign as […]<\/p>\n","protected":false},"author":2,"featured_media":117543,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-117542","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\/117542","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=117542"}],"version-history":[{"count":0,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/posts\/117542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media\/117543"}],"wp:attachment":[{"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/media?parent=117542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/categories?post=117542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sickgaming.net\/blog\/wp-json\/wp\/v2\/tags?post=117542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}