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Re:CD Projekt is remaking the first Witcher game in Unreal E... by agilob on Thursday October 27, 2022 @02:44PM (#33362108)
Has CDPR run out of ideas, but still had a bag of promises to make? They promised CP77 extensions and multiplayer, The Witcher 3 in 4k, now remaking Witcher 1? I'm kindof disappointed with this news and not hearing updates about previous "updates".
Re:CD Projekt is remaking the first Witcher game in Unreal E... by enragedcacti on Thursday October 27, 2022 @03:01PM (#33362384)
Its a third party studio doing the remake, CDPR probably won't be diverting many internal resources away from their existing in-house projects for this.

also this is just follow-up to a previous announcement where they announced 5 projects in various stages of development on top of info about the CP2077 expansion: https://ftw.usatoday.com/2022/10/cd-projekt-red-witcher-cybe...

Re:CD Projekt is remaking the first Witcher game in Unreal E... by agilob on Thursday October 27, 2022 @03:11PM (#33362519)
They couldn't deliver 1 good project CP77, but now committing to 5 at around the same time?

You said:

>Its a third party studio doing the remake, CDPR probably won't be diverting many internal resources away from their existing in-house projects for this.

but the link claims:

>On Tuesday, CD Projekt Red announced five all-new games currently in development at the studio

Their stock price is near 5 year low, how can they afford it?

Re:CD Projekt is remaking the first Witcher game in Unreal E... by 988747 on Thursday October 27, 2022 @03:17PM (#33362612)
> Their stock price is near 5 year low, how can they afford it?

Stock price has nothing to do with how much money CDPR has in their bank accounts. Stock trading is basically a public opinion poll on the future of the company, but not a penny from those trades actually goes to company accounts.

Re:CD Projekt is remaking the first Witcher game in Unreal E... by coredog64 on Thursday October 27, 2022 @03:30PM (#33362799)
Not entirely true. An equity price in the toilet means you might have to borrow money if you need a big chunk. It also weakens your ability to use stocks to pay employees which in turn requires additional cash outlays.

TL;DR: Companies still depend on equities as a funding mechanism.

Re:CD Projekt is remaking the first Witcher game in Unreal E... by agilob on Thursday October 27, 2022 @03:47PM (#33363026)
and if a company is trading low, their trust is also low, am I wrong? They would will need to trick people into giving them money upfront (preorders?) or borrow from 3rd party to cover a product that will sell and bring cash.

nevertheless, I didn't mean they can't fund it because of low stock price, they got lots of free money from Polish government development fund, but CDPR delivered only 4 big games and only 2 were big hits, The Witcher and The Witcher 3. CP77 sold in many copies, I have one too, but I'm not buying them unless they prove it's worth the price. They completely lost my trust and employees with internal knowledge, who were committed to make Witchers a success story.

Previously delivering 2 (or 3) good games, having stock prices high during that time, getting free money from development fund vs now stock price low, trust in company and their quality dropped, 5 projects in progress? Aren't they shooting too high?

Re:CD Projekt is remaking the first Witcher game in Unreal E... by airstrike on Thursday October 27, 2022 @05:27PM (#33364285)
"Trust" is a broad term, so not the one I would use. It's more about expectations of future dividends (and expectations of other market participants' expectations of future dividends, and that goes on until some Nth derivative of the stock's underlying value, also because "growth" is a derivative of "future dividends")

Nearly every stock in Tech is down a lot this year. High growth, low profitability stocks are generally underwater. You'd have to compare their stock to similar companies to see if they are down more or less than those comparable peers.

Re:CD Projekt is remaking the first Witcher game in Unreal E... by 988747 on Thursday October 27, 2022 @08:01PM (#33365736)
> hey would will need to trick people into giving them money upfront (preorders?) or borrow from 3rd party to cover a product that will sell and bring cash.

My take on that is that with Witcher games and even with Cyberpunk they made a lot of money. In fact they made the amounts not often seen in Polish economy (I think at some point they were most valuable company in Poland). They should have a lot of cash saved, no need to borrow money.

EDIT: In fact I did find the info about their cash reserves and they are about $220M, which might not seem much from US perspective, but in Poland it is equivalent to their 3 years expenses.

Re:CD Projekt is remaking the first Witcher game in Unreal E... by beezlebroxxxxxx on Thursday October 27, 2022 @03:24PM (#33362703)
Cyberpunk sold 20 million copies. The game was a critical disaster, to a certain extent, but was financially successful for the studio in the long run. The Witcher 3 in 2020 alone sold 30 million copies, so they're hardly hurting for cash.

Also "currently in development" does not mean every game is getting equal resources, or that each game is in the same stage of development.

Re:CD Projekt is remaking the first Witcher game in Unreal E... by jvanderbot on Thursday October 27, 2022 @03:17PM (#33362614)
>Their stock price is near 5 year low, how can they afford it?

It's new to me that the company makes its money selling its stock, not games.

Re:CD Projekt is remaking the first Witcher game in Unreal E... by badpun on Thursday October 27, 2022 @03:58PM (#33363164)
Have you heard of Elon Musk?
Re:CD Projekt is remaking the first Witcher game in Unreal E... by viraptor on Thursday October 27, 2022 @03:19PM (#33362637)
I don't have much info any their organisation and teams, but it may not be a bad idea. Adding people to IT projects beyond some threshold doesn't really make them faster and spreading the risk across 5 projects may be better than going all-in with one.
Re:CD Projekt is remaking the first Witcher game in Unreal E... by tester756 on Thursday October 27, 2022 @04:09PM (#33363324)
>Their stock price is near 5 year low, how can they afford it?

It recently went up almost 50%.

Like 2 months ago their price was around 77-80

Now it is around 120~

I expect (I bet my money on) it to be around 150 around december/january

Re:CD Projekt is remaking the first Witcher game in Unreal E... by JohnJamesRambo on Thursday October 27, 2022 @02:46PM (#33362136)
On the other hand Geralt waves his sword above his head like an idiot in Witcher 1. I hate remakes but if I had to have one this would be one.

https://www.reddit.com/r/gaming/comments/rkdbnv/started_play...

But yeah I want new stories more.

Re:CD Projekt is remaking the first Witcher game in Unreal E... by sylens on Thursday October 27, 2022 @03:31PM (#33362803)
Yes, this is actually a game that would be well served by a remake that makes it more accessible.
Re:CD Projekt is remaking the first Witcher game in Unreal E... by hbn on Thursday October 27, 2022 @04:11PM (#33363367)
The top comment in that thread you linked explains that sword movement is something from the books. No one's to say that'll be removed in a remake.
Re:CD Projekt is remaking the first Witcher game in Unreal E... by JohnJamesRambo on Thursday October 27, 2022 @05:59PM (#33364607)
I don't remember him doing that in the books haha. He was a beautiful swordsman not a goofball.
Re:CD Projekt is remaking the first Witcher game in Unreal E... by tester756 on Thursday October 27, 2022 @02:49PM (#33362186)
If you're interested in their strategy check out this

https://www.youtube.com/watch?v=5EJmgTQ0O8k

Re:CD Projekt is remaking the first Witcher game in Unreal E... by nomel on Thursday October 27, 2022 @03:20PM (#33362644)
And, it seems like a fantastic way to learn a new engine.
Re:CD Projekt is remaking the first Witcher game in Unreal E... by bravetraveler on Thursday October 27, 2022 @03:08PM (#33362466)
While it's surely a constant, I think the entertainment industries at large have really started to milk the nostalgia cow hard

I could say a bunch of soft science things like, go with a sure thing in an uncertain market, blah blah. I think it's simply easier

Re:CD Projekt is remaking the first Witcher game in Unreal E... by conductr on Thursday October 27, 2022 @03:25PM (#33362725)
The start was about 20 years ago, but I do agree
Re:CD Projekt is remaking the first Witcher game in Unreal E... by ska on Thursday October 27, 2022 @03:28PM (#33362769)
It seems the start is always ~20 years ago from when you talk about, regardless of when you talk about this sort of thing.
Re:CD Projekt is remaking the first Witcher game in Unreal E... by conductr on Thursday October 27, 2022 @03:39PM (#33362939)
It’s when it’s ready for a reboot! I strongly associate it with the movie industry running out of new ideas after the 90s. Episode 1 was 1999 for example, before that most people thought Star Wars was over. Then the marvel stuff.

But maybe that’s just me being nostalgic since that’s also around the time I began being an adult. It does seem convenient how it’s usually timed out so that parents can geek out with their kids; so the industry inherits a new generation of fans. My recent example of that is how apparently Pokémon is very popular again. I was too old to care in the 90s but those kids now have kids of similar age as they were at the time.

Re:CD Projekt is remaking the first Witcher game in Unreal E... by the_duke on Thursday October 27, 2022 @03:17PM (#33362615)
Not at all, they have lots of new games coming.

Sibling comment has a link.

Re:CD Projekt is remaking the first Witcher game in Unreal E... by zepppotemkin on Thursday October 27, 2022 @03:22PM (#33362686)
GAMERS RISE UP!
Re:CD Projekt is remaking the first Witcher game in Unreal E... by imbnwa on Thursday October 27, 2022 @08:08PM (#33365791)
There's no way multiplayer would've made sense in CP77 with how OP the netrunner build was, nevermind how the Sandevistan is supposed to work across the wire. The game is completely unbalanced in the player's favor by early mid-game, another artifact of their hastened release process, I can't imagine what they'd have to do to push out a multiplayer mode.