The Lawsuits Are Going Smoothly. Which Is More Than Can Be Said For The Game.
One of the most anticipated launches and most awaited games of 2022 Failed. Hard. And CD Projekt Red’s Cyberpunk 2077 finally got a filing date for a class-action lawsuit.
A Botched Release Earned Cyberpunk Creators Gamers’ Ire
Cyberpunk 2077 took the internet by storm last year as every gamer eagerly awaited the release. With multiple delays and hardcore crunch hours put in by the teams involved, the game finally got released… but with numerous bugs and serious performance problems. The game was replete with glitches, crashes, and slow rendering which made the game virtually unplayable for many gamers. Within just 10 days of its release, Cyberpunk 2077 was faced with class-action lawsuit rumors and plans. Not the kind of storm they had hoped for.
Moreover, Sony delisted Cyberpunk 2077 from its online store for an indefinite period of time. The game performed so poorly on PS4 and Xbox One that it was unplayable at times. The drop in the frame rate, slow rendering, poor graphics, animation breakdown, and texture bugs were some of the issues that gamers faced. And worse, many devices faced actual hardware issues when running the game despite initial assurances of compatibility.
Can We Really Hold Cdpr Responsible? Let’s Find Out. In Court.
People believe that CDPR knew about the issues and still launched the game. Initially, CDPR limited the reviews of the game to the PC version only and this raised eyebrows. Soon after, multiple class-action lawsuits against the studio were launched and four of them were filed in the US. The complaints in several lawsuits were more or less related to the same issue, so the cases were ultimately compressed into one massive lawsuit. This new consolidated lawsuit against the studio is now scheduled to be filed at the end of next month i.e. June.
With multiple class-action lawsuits turned into one, a new lead plaintiff got appointed. Moreover, the court has chosen a law firm to serve as the unanimous representative for all claimants. It is not known about the total value of the potential claim but two previous claimants were CDPR shareholders. These shareholders reiterated that CDPR caused financial harm to its investors by misleading them and not telling them about the real state of affairs of game performance on the console version of Cyberpunk 2077. During all these controversies, CDPR’s stock value also dropped to a record low of 22%. Moreover, CDPR also suffered huge revenue losses when Microsoft, Sony, and CDPR began refunding purchases; the loss amounted to $51.2 million.
Does Cdpr Even Care?
Despite a massive lawsuit in place, huge losses, and plummeting stock values, CDPR saw impressive revenue in 2020. Last month CDPR shared that the company made a whopping $564 million sales revenue. The staggering sales figures resulted in a net profit of approximately $303 million. These impressive figures reveal a three-fold growth in the company’s previous profit record made by The Witcher 3.
If you still haven’t played the game, you are missing out on a lot (and not just a lot of stunning bugs) but also missing out on the conversation. Cyberpunk 2077 is available on PC, Stadia, PS4, and Xbox One. The game is also under development for PS5 and Xbox Series X.