January 19, 2022

CD Projekt settles Cyberpunk 2077 lawsuit for simply $1.85 million


What simply occurred? Whereas Cyberpunk 2077 has been having time just lately, CD Projekt continued to take care of the class-action lawsuit launched in opposition to the sport over its disastrous launch 12 months in the past. However that is now been resolved, and it price the corporate a minuscule amount of cash in comparison with what its RPG earned.

Cyberpunk 2077 launched on December 10, 2020, to extra hype than presumably another title in historical past. Sadly, the PC model was plagued with bugs and poor efficiency, and that was nothing in comparison with its state on last-gen consoles. So dangerous was the sport on the PS4 that Sony eliminated it from the PlayStation Retailer only one week after launch and solely relisted it in June.

For a lot of public traders, the painful launch was unacceptable, resulting in a number of class-action lawsuits in opposition to CD Projekt over claims they have been misled about its monetary efficiency. 4 of those fits have been rolled into one, and the corporate entered settlement negotiations final week. It’s now agreed to pay $1.85 million in alternate for “relinquish[ing] any and all claims in opposition to the Firm and members of its Administration Board,” reviews The Verge.

CD Projekt’s share value over the past 5 years. Spot the place Cyberpunk arrived.

Whereas no small sum, virtually $2 million is a drop within the ocean to an organization like CD Projekt—Cyberpunk 2077 had a growth funds of over $316 million and bought 13.7 million copies by the top of 2020. However the agency’s repute, which was thought-about wonderful following the success of The Witcher 3, has been irreparably broken, and its share value is down 54% since Cyberpunk 2077 arrived. It took one other blow in October after asserting that next-gen updates for each Cyberpunk and The Witcher 3 had been delayed till the second quarter of 2022.

Apparently, Cyberpunk 2077 has seen one thing of a resurgence just lately. It turned the worldwide top-seller on Steam final month and earned a ‘Very Optimistic’ latest opinions score. It was additionally nominated for 2 Sport Awards, although it received neither class, and was the PlayStation Retailer’s best-selling sport upon its return.

In different Cyberpunk 2077 information, we discovered this week that Keanu Reeves, who portrays Johnny Silverhand within the sport, has by no means even performed it, regardless of CD Projekt claiming in any other case.

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