The Gander
  • Home
  • Industry
  • Nintendo
  • PS
  • PC
  • Xbox
  • Review
  • Sales
  • About
    • Write for The Gander
    • Privacy Policy
No Result
View All Result
The Gander
No Result
View All Result

CD Projekt RED steals top spot as Europe’s most valuable game company

Gabriel Stanford-ReisingerbyGabriel Stanford-Reisinger
May 20, 2020
  • Category
  • Tags

Category

in Industry

Tags

Tags: CD Projekt REDCyberpunk 2077Europe
ShareShareTweet

CD Projekt RED has turned into one of Europe’s most valuable assets, the most valuable game company.

CD Projekt RED is now Europe’s most valuable game company. Yes, this even means it’s surpassed the likes of Ubisoft. It isn’t a shock that the Poland-based developer is well-regarded, though. In layman’s terms, they’ve been churning out hit after hit. But, to coincide with The Witcher 3: Wild Hunt‘s fifth birthday, they’ve seen themselves with a market capitalization of $8.13 billion.

The news comes from VGC. The developer saw $6.8 billion in market capital by December of last year, per an article from Bloomberg. This value only continued to rise and in recent months it’s seen a giant leap.

While other industries with gaming branches have a higher value than the Polish developer, it’s to be expected when comparing them to – say – Microsoft or Sony. Those two are not only creating video games, but also consoles and other forms of technology. CD Projekt RED, on the other hand, is dedicated to the games industry.

They aren’t just a developer and publisher, though, they’re also the operator of GOG. Free to join, the service is akin to Steam; you purchase a game, download GOG’s client, and play through there. It often has games that Steam wouldn’t, games have gone past its physical expiration date or aren’t as supported as others.

A contributing factor to its bump is its library of projects. It isn’t common for a developer to make successful game after successful game. Many would tout 2015’s The Witcher 3: Wild Hunt, as the best game of the decade. Heck, it did take third place in PlayStation’s own game of the decade list earlier this year, even beating out the ever-growing GTA V, which took fourth.

PREVIOUS: ASSASSIN’S CREED VALHALLA: FANS HOPE FOR VIKING GAMEPLAY GOLD AT UBISOFT FORWARD

Now, we’re here, awaiting the launch of – arguably – its next magnum opus, Cyberpunk 2077. Starring Keanu Reeves, it’s looking to be a good time with extensive customization options. Who knows what they have in store, but with its track record, we’re in for a treat.

Cyberpunk 2077 is eyeing a September 17, 2020 release date.

What do you think about CD Projekt RED becoming the most valuable European game company? Are you excited about Cyberpunk 2077? Tell us below!

Gabriel Stanford-Reisinger

Gabriel Stanford-Reisinger

Gabriel is the executive editor for The Gander and fills his time writing about video games... or he just plays them.

Related Posts

Square Enix
Industry

Square Enix stamps out acquisition rumor

April 16, 2021
Capcom Store
Industry

US Capcom Store set to shutter next month

April 16, 2021
Square Enix
Industry

Rumors spiral around speculated Square Enix purchase

April 15, 2021
Yoozoo Games
Industry

Yoozoo Games CEO, Lin Qi, allegedly poisoned by colleague

December 29, 2020
Cyberpunk 2077
PlayStation

Sony pulls Cyberpunk 2077 from the PlayStation Store

December 17, 2020
The Last of Us Part II
Event

The Last of Us Part II wins Game of the Year

December 11, 2020
AbleGamers
Industry

Twitch comes in clutch by donating $1 mil to AbleGamers

November 15, 2020
Ghost of Tsushima
PlayStation

Ghost of Tsushima deemed the “fastest-selling” first-party original PS4 game

November 14, 2020
Microsoft
Industry

Microsoft is eyeing “big and small” Japanese devs to bolster Japanese audience

November 9, 2020

Site info

The Gander is your go-to source for all things games and tech industry. We pride ourselves in our reporting and aim to keep doing so for the foreseeable future.

Copyright The Gander

  • About
  • Write for The Gander
  • Privacy Policy

No Result
View All Result
  • Home
  • Industry
  • Nintendo
  • PS
  • PC
  • Xbox
  • Review
  • Sales
  • About
    • Write for The Gander
    • Privacy Policy

The Gander © 2020

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist