The image is called "goggalaxy."
CD Projekt's GOG games storefront will focus more on offering a selection of games and transfer some developers to other projects, following ongoing financial losses at the division.
The CFO of CD Projekt told investors on a quarterly earnings call that they have taken measures to improve the financial standing of GOG. GOG should focus more on its core business activity, which means offering a selection of games with its unique DRM-free philosophy. There will be changes in the team structure.
GOG should focus more on its core business activity and offer a selection of games.
Some developers who have been working on GOG's online solutions will be transferred. GOG is leaving the Gwent consortium at the end of 2021. It won't have to pay development costs or share profits from the development consortium. Gwent was called the most important project of the year by CD Projekt.
The financial results for GOG were disappointing. The storefront had a slight increase in revenue but a net loss in the last quarter. Over the past three quarters, it has lost over $2 million compared to a profit of over $1 million. CD Projekt didn't reply to questions about how its new strategy might translate into changes to GOG's features.
Good Old Games was launched in 2008 as a platform that sells hard-to- find classic games without digital rights management or piracy. CD Projekt Red's The Witcher 3 and Cyberpunk 2077, as well as an online service called GOGGalaxy, have been added since then. It laid off 10 percent of its staff in 2019.
Increased competition in PC gaming storefronts has driven major platforms to lower the commission they take from developers, according to one staff member. The market for computer game sales has been dominated by Valve. The Epic Games Store is expected to make a profit in four years. Revenue from the publisher's blockbuster game, Unreal game engine, is what keeps the store afloat. CD Projekt Red has had a rough time with its recent earnings due to the failed launch of Cyberpunk 2077.
