Shares of CD Projekt fell as much as 17% on Monday, knocking Marcin Iwinski's net worth below $1 billion. But the shares recovered some late in the day to end down 7%. At that level, Iwinski is still a billionaire, Forbes reports.
The December 10 release of Cyberpunk 2077–arguably the biggest new video game of the year–has been nothing short of an unmitigated disaster for its Polish producer CD Projekt. After 8-years of hype fueled by CD Projekt’s relentless marketing machine, disappointed shareholders and angry fans are now left to ponder what could have been.
Cyberpunk 2077–currently emblazoned on the side of London buses–is the first game in five-years from CD Projekt, a much-loved Warsaw-based studio best known for its Witcher series, inspired by the rich lore of Polish author Andrzej Sapkowski’s fantasy novels (think Slavic Tolkien). CD Projekt scored popular if enigmatic Hollywood A-lister Keanu Reeves as the motion-captured frontman for Cyberpunk 2077, and some analysts projected revenues for the lockdown blockbuster to hit $1 billion or more.
