Bitterness on Geralt’s birthday and the market chill
On the 11th birthday of The Witcher 3 Redzi decided to celebrate the anniversary with only a modest birthday graphic (in fact it’s a screenshot from one of the players). This disappointed investors and fans of electronic entertainment, who expected the reveal of a mysterious, unannounced DLC for The Witcher 3.
Expectations are further heightened by the fact that Redzi have not provided clear confirmation or cut speculation once and for all – only silence that squeaks in the ears like a “sound shock” hack. The market reacts nervously because investors want facts that translate into real money revenue, not nostalgic images.
Although the Witcher anniversary brought no new content, during one of the panels at the Kraków festival Digital Dragons the creators decided to speak about the behind‑the‑scenes of game development at the Warsaw studio. Jarosław Ruciński (lead technical documentation author) and Adrian Fulneczek (senior technical documentation author) revealed that the disastrous launch of Cyberpunk 2077 was partly due to the studio’s lack of attention to documentation at the time. As they said, the experience developers gained from previous games did not survive and did not help in the work on Cyberpunk.
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Lost knowledge and Fool’s Theory
Moreover, this problem also concerns the refreshing of older titles, and here we are obviously talking about the upcoming top‑notch remake of The Witcher 1. Ruciński admitted:
We were asked to recreate classic gameplay for modern audiences, but we quickly realized that little technical knowledge remained from that era.
Help was provided by the studio working with CD Projekt Red, Fool’s Theory. Composed of Red veterans, the team passed on a bit of lost knowledge to the developers. The team is now working on a remake of the first Witcher, which remains shrouded in mystery.
It is worth noting that according to leaks, this studio is also working on an unannounced DLC for The Witcher 3, which is supposed to close the old trilogy and pave the way for The Witcher 4. These rumors were confirmed, among others, by Ryszard Chojnowski, who last accurately predicted that WarHorse studio (creators of Kingdom Come Deliverance) is working on a mysterious open‑world RPG in the Lord of the Rings universe.
Also see: Stock market: CD Projekt shares await new content. Today’s Witcher 3 anniversary! What’s hiding in CDR?
609 million PLN remains in the company
Along with the lack of new announcements, new financial decisions were added. CD Projekt recommends that the general meeting allocate a portion of the net profit for 2025 to the company’s reserve capital, while maintaining the dividend policy set in January 2025.
The board directs the next ordinary general meeting to propose a distribution of the company’s net profit for the 2025 fiscal year amounting to 635,208,677.41 PLN, reduced by 25,739,304.00 PLN, representing a negative value of undistributed results from previous years, shown in connection with the transformation of data for the comparative period, i.e. the amount 609,469,373.41 PLN in such a way that the amount will be entirely allocated to the company’s reserve capital.
- stated in the announcement
This recommendation is driven by the realization of the strategic goals of the Group. The studio is currently conducting intensive development work on multiple projects and requires securing funds for future investment projects and publishing costs. Is this a hint of a new DLC? Not necessarily, as Redzi are currently working on both The Witcher 4, the sequel to Cyberpunk 2077, and the mysterious project Hadar, which will introduce a completely new IP to the company’s portfolio.
CD Projekt shares fall by 0.86% and land at 255 PLN (data from the market close on May 21).
Chart. CD Projekt share price.
Source: TradingView
Also see: Will the competitor’s shares of CD Projekt launch? The company will soon reveal details of a new game
Source: CD-Action
