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The Game Awards 2025: All The Biggest Announcements

The Game Awards 2025: All The Biggest Announcements https://ift.tt/olVfcXR Awards, announcements, and more It's December, and for the gaming industry, that can only mean one thing: The Game Awards is bringing new trailers and announcements for upcoming games. Multiple games and updates were teased in the lead-up to the event, including a new Tomb Raider adventure, a fresh look at the space opera RPG Exodus, and new updates for Resident Evil Requiem, Lego Batman, and Saros, among others. The recap below will be updated live throughout the show with everything revealed at The Game Awards this year. You can also follow along with our running list of all the winners at The Game Awards . The Free Shepherd Burlington, Vermont based Frame Interactive Studios kicked off the show with The Free Shepherd, a game about herding sheep. Decrepit Decrepit is a new dark fantasy game that mixes soulslike combat with old-school dungeon crawling. Audio Mech Audio Mech is a neon-tinged ...
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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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