Home / Technology / CD Projekt Red Makes Hundreds Of Millions On ‘Cyberpunk 2077,’ Despite Cash Back

CD Projekt Red Makes Hundreds Of Millions On ‘Cyberpunk 2077,’ Despite Cash Back

CD Projekt Red also posted record-breaking revenue and sales for fiscal year 2020. Cyberpunk 2077 – and despite the release of the problematic game The developer announced (PDF) that it posted over 2.14 billion Polish Zloty (PLN), or about $ 563 million in total sales revenue, four times higher than in 2019, mostly due to Cyberpunk 2077Which sold more than 13.7 million copies by the end of 2020, making it the biggest game in the company’s history.

The retro RPG is the most anticipated game by the developer since then. Witcher 3Launched to great reviews until players began to receive their copies, revealing a number of flaws and game-breaking flaws that bothered the console versions of the game, Sony had to decide to pull the game out of the PS store without it. It̵

7;s available for purchase and offers a refund to anyone who wants the game. Shortly thereafter, Microsoft gave a full refund to Xbox players who purchased their copy.

Those refunds hardly affect a developer’s income, for example: Ars Technica Note, the “Other Terms” section of the company’s full financial report (PDF) revealed that the company spent $ 10.65 million in cash back and forth through digital and physical retailers in 2020, including direct refunds via digital and physical stores. The retailer $ 2.23 million “Help Me Cash Back” campaign. If the company spends $ 60 each, it will process 215,000 total refunds, or about 1.6 percent of the total units sold. CDPR also expects an additional 38.34 loss. Millions of dollars for additional refunds and lost sales, as well as the impact of the game’s continued absence on the PS Store this year.

Overall, $ 51 million is not a huge amount compared to total sales and net profit of $ 301 million.However, the company’s shares fell after the rebate program was announced, and they have not been bounced for a while. Cyberpunk 2077 It was clearly the main revenue generator for CDPR last year. The Witcher The series also had strong sales. The Witcher 3 It was the second-best year in history, with over 30 million sales in 2020.

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