CD Projekt CEO Denies Sony Acquisition Rumors, Affirms Company’s Independence
After a recent rumor regarding the potential acquisition began gaining popularity online, the video game company CD Projekt dispelled the notion that Sony would be purchasing their studio. Just lately, a rumor began spreading through social media suggesting that gaming giant Sony was interested in acquiring CD Projekt so that it might become a part of the expanding Sony Empire. This story has been floating for quite some time.
Gamers were quick to spread the story and add gasoline to the fire, which is unsurprising given that Sony and Microsoft have been acquiring studios almost steadily over the past few years. After all, Sony has recently completed the acquisition of companies such as Bungie. However, CD Projekt president and CEO Adam Kiciski dispelled these reports as soon as they surfaced during an earnings call that followed the publication of the company’s financial results for the first quarter of 2023.
When one of the attendees asked Kiciski if there was any truth to the current reports, the CEO quickly ended them by replying, “Nothing has changed on our end.” Then he remarked, “I can repeat what we have been saying throughout the years – CD Projekt is not for sale…,” and he continued his speech. We want to be independent. I believe that we have developed an outstanding plan. Following our path may not be the easiest thing to do, but it certainly is one of the most exciting things we can do. Therefore, it can just be a rumor.”
CD Projekt has stated unequivocally that Sony will not acquire it
The enormous success of The Witcher 3: The Wild Hunt propelled CD Projekt to the forefront of the gaming industry as a leading game developer. The game, released in 2015, received widespread praise from reviewers and was even named Game of the Year.
The game has been there for almost a decade, but gamers keep returning. Recent sales put the game’s total at over 50 million copies sold, even though it has been out for almost a decade. Despite this, the company’s subsequent significant follow-up, Cyberpunk, failed to live up to the hype because of a bumpy and bug-ridden launch.