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Return To Silent Hill Sets Franchise-Low US Opening Weekend

Return To Silent Hill Sets Franchise-Low US Opening Weekend https://ift.tt/sVXoDCc Return to Silent Hill hit the big screen on the weekend, but this adaptation of the beloved Silent Hill 2 video game isn't doing too well critically or commercially in the US. At the domestic box office, the film opened in seventh place and earned just $3.2 million, the lowest to date for the film franchise. In comparison, it's far below the $20.1 million US opening weekend of 2006's Silent Hill and the reviled Silent Hill: Revelation, which earned $8 million during its domestic opening. Opening on 2,000 screens across the US, reviews for Return to Silent Hill haven't been flattering. It currently has a Metascore of 33 on GameSpot's sister site Metacritic--based on 13 reviews--while the user score sits at a slightly higher 4.4. While some outlets consider it an average film at best, others say it doesn't do anything new or better than the original video game or its acclaimed rem...
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CD Projekt Red Reports Major Profit And Revenue Growth Year-On-Year

CD Projekt Red Reports Major Profit And Revenue Growth Year-On-Year https://ift.tt/cVfCq5w

CD Projekt Red has released its earnings report for 2022, and it's looking good for the Witcher and Cyberpunk 2077 developer. The company boasted a 66% increase in net profit, driven by an increase in revenue, and a decrease in CDPR's overall operating costs.

The Polish company reported a revenue of 953 million PLN ($222 million USD) in 2022, up from 888 million PLN ($207 million USD) the previous year, and a net profit of 347 million PLN ($81 million USD), up from 209 million PLN ($49 million USD) in 2021. Despite the upwards trend, CDPR hasn't managed to hit the same level of success it saw in 2020, when Cyberpunk 2077's release caused a massive revenue spike that took its yearly profit to a massive 1.15 billion PLN ($268 million USD).

In its profit and loss breakdown, CDPR showed a 7% increase in revenue year-on-year, a modest figure that's nevertheless impressive two years after the company's last major game release. Despite its rough launch, Cyberpunk 2077 has seen solid sales after CDPR committed to fixing the game's initial issues and adding extra content, with the success of Netflix's Edgerunners anime giving it an extra boost in late 2022.

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