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CD Projekt RED - Denies Takeover Rumour

by Silver, 2016-11-10 21:29:36

@wccftech they report that CD Projekt RED has denied the rumour of a takeover attempt.

Of course, such news sparked lots of speculation among fans of the Polish developer and publisher, who created beloved games like The Witcher series and beloved services like the DRM-free GOG.

Pretty much everyone would dread if this beacon of independence in the gaming industry ever suffered from a hostile takeover by a huge corporation.

Luckily, you can all rest a little easier. We've reached out to CD Projekt for comment and they provided the following statement.

As for the rumor, it emerged after the Board suggested introducing a voting cap during the upcoming shareholder meeting. However, the proposal is not a reaction to any current events affecting CD PROJEKT. Rather, it is meant as insurance against future hypothetical scenarios which may never materialize.
We wish to safeguard the interests of minority shareholders in a hypothetical case where a major shareholder emerges professing a business and strategic vision which conflicts with ours.

There's no actual threat for the time being, then: it's just a precaution on hypothetical events. The developer remains focused on developing great games, starting with Gwent (which is now in closed beta; you can read our Gamescom preview here) and Cyberpunk 2077, which already has more manpower than The Witcher 3 ever did (and might even feature seamless multiplayer).

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