Poland’s CD Projekt postpones Witcher 3 next-generation release indefinitely

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(Reuters) -Polish online game maker CD Projekt has taken again in-house and postponed indefinitely the release of its blockbuster recreation “The Witcher 3: Wild Hunt” for next-generation consoles, knocking its shares down as a lot as 4% on Thursday.

The model, which was initially scheduled to launch late final yr and was then delayed to the second quarter of 2022, was outsourced to Saber Interactive, a part of Sweden’s Embracer Group.

“We are at the moment evaluating the scope of labor to be finished and thus need to postpone Q2 release till additional discover,” the Polish firm mentioned late on Wednesday on Twitter.

CD Projekt didn’t give a cause for the transfer. In a written response to Reuters on Thursday it mentioned it doesn’t touch upon rumours and hypothesis, pointing to its earlier assertion.

Russian media reported earlier CD Projekt has ceased cooperation with Saber’s staff in St Petersburg, which was liable for the next-generation model.

Embracer was not instantly obtainable for remark.

CD Projekt mentioned final month it could halt gross sales of its video games in Russia and Belarus in response to Russian invasion of Ukraine.

Its shares have been down 3% at 0722 GMT.

Jefferies analyst Ken Rumph wrote in a be aware that whereas the monetary affect of the delay could also be small, given it was a free improve for current recreation house owners, a second delay and in-housing got here as a shock.

“The Witcher 3: Wild Hunt” premiered in 2015 to crucial acclaim and helped the Polish studio acquire worldwide recognition. It offered over 30 million copies, CD Projekt mentioned final yr.

CD Projekt since has had a rocky time after the troubled roll out of its second franchise, “Cyberpunk 2077”, in late 2020.

In a bid to rebuild investor confidence, CD Projekt has been working to remodel its studio so it could begin producing high-budget video games in parallel from 2022.

It launched Cyberpunk model for next-generation consoles in February.

The firm is because of publish its full-year outcomes in a while Thursday.

(Reporting by Anna Pruchnicka, further reporting by Supantha MukherjeeEditing by Tomasz Janowski)

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