GOG Receives A Welcome Slap In The Face After Its Negative Financial Results

General news News 12/01/2021

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CD Projekt returns to what made it successful (and what made GOG popular).

Yesterday, we discussed the third quarter’s fiscal results regarding CD Projekt RED, discussing Cyberpunk 2077’s and The Witcher 3’s new-gen versions. The company also owns GOG, which we haven’t mentioned yet. Its net profits were down by 1.15 million dollars, leading to adverse financial results for the allegedly DRM-free digital video game store. Piotr Nielubowicz, CDP’s chief financial officer, talked about reorganizing the company and focusing once again on hand-picked games.

“Regarding GOG, its performance does present a challenge. Recently we’ve taken measures to improve its financial standing. First and foremost, we’ve decided that GOG should focus more on its core business activity, which means offering a hand-picked selection of games with its unique DRM-free philosophy. In line with this approach, there will be changes in the team structure. Some GOG developers who have already been working on GOG’s online solutions mainly by the studio will transfer away from the project.

Furthermore, at the end of this year, GOG will leave the GWENT consortium. It means that it will neither bear its portion of expenses nor obtain the corresponding share of revenues associated with this project. Alongside all these changes we initiated through the organization of GOG’s operations, we believe that all of the changes we are introducing will allow GOG to focus more on its core business and improve its financial effectiveness in 2022,” Nielubowicz said.

Good Old Games, or GOG for short, launched in 2008. CD Projekt’s goal was to offer DRM-free versions of classic games. Still, the store’s focus and scope have expanded (similar to Valve’s Steam), going as far as including new game releases, although not from Electronic Arts, Ubisoft, Activision Blizzard, or (to name Japanese publishers) Capcom, and Square Enix, as they’d rather stuff their games with Denuvo DRM.

Source: WCCFTech

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Angyal Anikó

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