Cyberpunk 2077: Poland’s Punk project punished

Polish software group CD Projekt’s much-hyped game Cyberpunk 2077 was expected to sell around 30 million copies at $60 each. But Sony pulled it from stores after it was fund to be full of bugs.

Sony has “stunned” the gaming world by deciding to remove Polish software group CD Projekt’s game Cyberpunk 2077 from its online PlayStation store, say Leo Lewis and David Lee in the Financial Times. 

The game, “one of the most expensive and anticipated titles in industry history”,Polish software group CD Projekt’s much-hyped game Cyberpunk 2077 was expected to sell around 30 million copies at $60 each. But Sony pulled it from stores after it was fund to be full of bugs.; eight million people pre-ordered it. But when it was released on 10 December it was lambasted for being full of “crashes, visual glitches and malfunctioning mechanics”.

The hype surrounding the game caused CD Projekt’s shares to double in 2019 and gain “more than 50% this year”, despite “hiccups” resulting from three delays, says Kasper Viita and Piotr Bujnicki on Bloomberg. The surge saw the company exceed the value of the top European developer Ubisoft Entertainment SA. However, the stock has now slumped by 50% in a matter of weeks amid fears of a brutal backlash. Even if the firm can fix the bugs and persuade Sony to sell the game again, its image has been “seriously damaged” and it will take time to regain consumers’ trust.

The immediate future looks “dark”, say Mike Isaac and Kellen Browning in The New York Times. Already there has been “infighting and finger-pointing”, with staffers blaming executives for “unrealistic deadlines and false promises”. Many gamers are ditching Cyberpunk 2077 until it fixes all of the problems. Refund requests are “pouring in by the thousands” and lawyers are contemplating a class-action lawsuit, claiming that the group has engaged in potential “criminal misrepresentation in order to receive financial benefits”.

Recommended

How to invest in ChatGPT and other AI tech changing the world
Tech stocks

How to invest in ChatGPT and other AI tech changing the world

Technology, like ChatGPT, is changing the way we live and work, and this new tool could have a huge impact on the tech industry says Dominic Frisby.
23 Jan 2023
The top funds to invest in
Funds

The top funds to invest in

As market volatility and recessionary fears continue, here are the most popular funds, stocks and trusts investors are putting their money into accord…
5 Jan 2023
Cheap and cheerful or reassuringly expensive?
Sponsored

Cheap and cheerful or reassuringly expensive?

Many investors aim to pick up “cheap” shares. But cheap does not always mean good value, says Max King. Quality comes at a price.
21 Dec 2022
Profit from patience
Advertisement Feature

Profit from patience

Smart investors will reap the rewards by staying focused on the long-term, research from Alliance Trust shows.
9 Dec 2022

Most Popular

House prices could fall 30%. Should investors be worried about a repeat of 2008?
Investments

House prices could fall 30%. Should investors be worried about a repeat of 2008?

Some analysts are predicting that house prices could fall as much as 30%, which, when compared to the fact that prices have jumped 28% since April 201…
24 Jan 2023
Will energy prices go down in 2023?
Personal finance

Will energy prices go down in 2023?

Wholesale gas prices are on a downward trajectory, but does this mean lower energy bills later this year?
27 Jan 2023
Council tax increases 2023 – how much more will you pay?
Tax

Council tax increases 2023 – how much more will you pay?

Your council tax bill will go up in April - we reveal the councils that have confirmed what this year’s increase will be.
23 Jan 2023