The gaming world in general know that the Cyberpunk 2077 launch has not gone according to CD Projekt Red’s plans. What became rather obvious this week is just how bad the launch has been for the company’s bottom line. A new report surfaced on Thursday that shows investors in the firm have lost a grand total of $1 billion about a week’s time.
According to Bloomberg, the company’s founders have lost that much money because CDPR’s stock price has been shaved down by a third, since launch. The oddity of this phenomenon isn’t entirely new in the gaming world. When No Man’s Sky first released it was staggeringly disappointing to those who thought they were going to be getting a different game.
The difference here is that most people had an excellent idea about what Cyberpunk 2077 was going to be. What was unforeseen was the massive bugs, glitches, and poor appearance. All of these performance issues were most prevalent on the last generation of consoles. The problem of course, is that CDPR hasn’t released the next-gen console update yet.
In fact, most reports don’t believe it will arrive until well into 2021. So for now, gamers have to deal with a very buggy, poor performing version of a game they’ve been waiting on for eight years. A company that appears to have still rushed out its product, despite numerous delays, is feeling the financial bite from that decision.
“There is now a huge scar on the reputation of both the studio and its management,” said BOS Bank SA analyst Tomasz Rodak. “In only a couple of days, CD Projekt fell from the most adored studio to the most hated one. Restoring trust is not impossible, but would need much time and effort.”
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