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CD Projekt to close down The Witcher: Monster Slayer in 2023, merger with Spokko on the way in which

CD Projekt has introduced the discontinuation of its AR recreation The Witcher: Monster Slayer. Will probably be fully closed subsequent yr, because it not matches into the corporate’s up to date enterprise technique.

The Witcher: Monster Slayer will be shut down in 2023

What occurred?

CD Projekt shared the information in a regulatory announcement on its official web site. The corporate’s administration board voted to finish the event of The Witcher: Monster Slayer throughout a rare shareholders’ assembly of its subsidiary Spokko.

Listed below are the important thing takeaways:

  • The Witcher: Monster Slayer will change into unavailable to new gamers on the App Retailer and Google Play on January 31, 2023;
  • Entry to the sport will likely be disabled for all gamers on June 30, 2023;
  • CD Projekt will perform a reorganization subsequent yr by merging with Spokko, that means the studio will stop to exist as a separate subsidiary and change into part of the Group;
  • Spokko shares, which are actually valued at PLN 32.4 million ($7.24 million), will likely be revalued. Will probably be mirrored in CD Projekt’s upcoming monetary report for 2022.

Talking concerning the causes for the sport’s discontinuation, CD Projekt cited its up to date technique introduced in October. The corporate plans to deal with its core enterprise actions (i.e. story-driven single-player video games), whereas partnering with third-party studios on non-core titles.

This implies the following cellular video games primarily based on CD Projekt’s manufacturers like The Witcher and Cyberpunk will likely be developed by exterior companions somewhat than in-house.

The Witcher: Monster Slayer income and different metrics

The Witcher: Monster Slayer got here out on July 21, 2021 and generated $500k in its first week. In keeping with AppMagic, it has reached $1.7 million in lifetime income and surpassed 1.8 million downloads.

As will be seen within the graph under, participant spending has been declining since launch. In July 2021, the sport generated $450k earlier than dropping to only $53k in December. Over the previous few months, Monster Slayer has been making lower than $10k per 30 days on common.

The Witcher: Monster Slayer lifetime revenue

Poland stays the primary nation by participant spending, accounting for $418k or 24% of complete income. It’s virtually on par with the US, the place the sport grossed $417k. These nations are adopted by Germany (11%), Czech Republic (7%), and the UK (5%).

By way of downloads, Poland can also be the primary nation, adopted by the US, Russia, Germany, and Brazil.

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