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Witcher maker CD Projekt is worth just below $8bn

Witcher maker CD Projekt is worth just below $8bn

Polish games firm CD Projekt's market valuation hit an all-time high of $8bn last week.

At the time of writing, the company is worth a cool $7.83bn, and is one of the most valuable games firms in Europe. The Polish outfit is actually second only to French games giant Ubisoft in terms of market cap. CD Projekt isn't actually that far behind the Assassin's Creed maker, either, with Yves Guillemot's company sitting with a market valuation of $9.5bn at the time of writing.

In the past five years, CD Projekt's share price has skyrocketed by 2,405 per cent and in the two months since The Witcher TV show launched on Netflix, has risen by 17 per cent.

CD Projekt also recently revealed that The Witcher 3 has made more than $50m in sales on Steam, with the company now keeping 80 per cent of revenue from future sales. This was likely driven by the aforementioned television show, which saw the game hit an all-time concurrent player high on Valve's platform. The title also saw a huge increase in boxed sales in the US

No doubt the release of Cyberpunk 2077 in September of this year will cause the company's valuation to spike once again. That title is eagerly-anticipated in the wake of its bombastic E3 2018 reveal. 


Editor - PC Games Insider

Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he was hired to launch PCGamesInsider.biz for Steel Media before departing the firm in October 2019.

He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.

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