Adam Kicinski on CD Projekt's Future, Independence and Acquisitions
In an interview with Polish newspaper Rzeczpospolita, CEO Adam Kicinski talked about the future of CD Projekt, the company's independence and possible acquisitions.
- CD Projekt does not want to invest in a new IP for now;
- The company will focus on developing The Witcher and Cyberpunk;
- Next year CD Projekt RED is to be able to work on two AAA games simultaneously;
- Of the 660 people working at CDPR, less than a third are working on updates and the next-gen version of Cyberpunk 2077, while the rest work on expansions and other projects;
- CD Projekt wants to remain independent and there are provisions in the company's articles of association which make a hostile takeover difficult.
Adam Kicinski, CEO of CD Projekt, gave an interesting interview to the Polish newspaper Rzeczpospolita where he discussed the company's plans for the future and referred to the consolidation trends in the industry.
This is how we found out that CD Projekt does not intend to invest in new IPs and focuses on developing The Witcher and Cyberpunk. The goal is to expand the production capacity to the point where it will be possible to work on two high-budget projects at the same time, which should happen next year.
During the interview Kicinski also answered many questions about the future of Cyberpunk 2077. We refer those interested to a separate article:
The company is growing all the time and currently employs over 1200 people. 660 of them belong to the CD Projekt RED studio, of which only less than 1/3 is working on the updates and the next-gen version of Cyberpunk 2077. The rest are engaged in creating the first expansion for the game and other projects, including Gwent.
The issue of the industry consolidation trend was also raised. Kicinski does not rule out taking over other developers. The company has recently bought out Digital Scapes, which became the Canadian branch of CD Projekt RED. The Molasses Flood team, known for The Flame in the Flood, has also been acquired and is currently working on a new game using the The Witcher or Cyberpunk brand.
On the other hand, the company itself does not intend to allow a hostile takeover. It wants to remain independent and is not looking for a strategic investor either. There are provisions in the company's articles of association which make it very difficult to change this situation.
