Money Buzz! Europa

Tag: gaming

  • CD Projekt sold more than 13 million copies of the Cyberpunk 2077 game

    CD Projekt sold more than 13 million copies of the Cyberpunk 2077 game

    Polish video game maker CD Projekt SA has announced that it has sold more than 13 million copies of the Cyberpunk 2077 game by December 20, 2020.

    This figure also takes into account the returns requested by players who have complained about numerous technical problems, reports Reuters.

    The Polish company did not provide a revised sales estimate, nor did it disclose how many refund requests it received.

    However, the figure of 13 million copies sold is lower than the expectations of analysts who relied on 16.4 million copies sold, said Piotr Bogusz, an analyst at the borkerage company mBank.

    The video game ”Cyberpunk 2077”, released on December 10, had a missed start, after users complained about many technical problems encountered.

    These problems led the Japanese group Sony to withdraw the game ”Cyberpunk 2077” from its online platform PlayStation Store, while the American rival Microsoft decided to return the money to Xbox console users who bought the game.

  • BTC Studios has inked a strategic alliance with IDG Consulting

    BTC Studios has inked a strategic alliance with IDG Consulting

    BTC Studios, a Polish interactive games developer and publisher has inked a strategic alliance with IDG Consulting to strengthen and accelerate its growth in the children and family games segment.

    The partnership with IDG Consulting will fuel BTC Studios’ strategic initiative to acquire gaming licensing rights of children/family IPs with global awareness on TV, SVOD or AVOD.

    The first licensing deal, signed in 2019 with the international TV producer and distributor Cyber Group Studios, involved animated series IPs such as Taffy coproduced with Turner and broadcasted notably on Turner’s Boomerang and Sadie Sparks coproduced with Brown Bag Films and broadcasted notably on Disney Channel.

    A second deal with a global IP should be announced soon.

    BTC Studios is led by a serial entrepreneur with a successful track record in the technology and interactive games sectors. Moreover, the company has access to a strong talent pool located in Eastern Europe.

    IDG Consulting has been providing best-in-class market research, data analytics, strategic consulting and M&A services in the gaming industry (Mobile, PC, Console platforms). Their clients include the top gaming, e-sports, technology, media, retail and investment companies around the world.

    IDG Consulting is leading a consortium of investors attracted by BTC Studios’ strategy and the 10-fold growth delivered by the company over the last twelve months.

    Beyond the first funding of 5 Mil€, IDG Consulting will also play a key role in assisting BTC Studios implement their strategy and benefit from the strong growth of the SVOD/AVOD and gaming markets worldwide (37% CAGR).