Throughout CD Projekt RED’s Q3 2023 earnings name, we discovered of main adjustments coming to GOG.com after the digital retailer owned by the Polish firm posted negative results in the last quarter (internet revenue was down by $1.15 million). Chief Monetary Officer Piotr Nielubowicz mentioned there will probably be some restructuring and a renewed give attention to providing a hand-picked number of video games.
Relating to GOG, its efficiency does current a problem. Just lately we have taken measures to enhance its monetary standing. Before everything we have determined that GOG ought to focus extra on its core enterprise exercise, which implies providing a hand-picked number of video games with its distinctive DRM-free philosophy. In keeping with this strategy, there will probably be adjustments within the group construction. Some GOG builders who’ve already been engaged on GOG’s on-line options primarily by the studio will switch away from the challenge.
Moreover, on the finish of this yr, GOG will go away the GWENT consortium. Which means it’s going to neither bear its portion of bills nor receive the corresponding share of revenues related to this challenge. Alongside all these adjustments we initiated by way of group of GOG’s operations, we consider that the entire adjustments we’re introducing will permit GOG to focus extra on its core enterprise and enhance its monetary effectiveness in 2023.
As you most likely already know, GOG stands for Good Outdated Video games. CD Projekt RED launched the digital retailer again in 2008 with the precise purpose to supply DRM-free variations of traditional video games. Over time, although, the shop grew to be a lot bigger and extra akin to opponents like Valve’s Steam, that includes common new recreation releases, too.
It looks like the newest monetary outcomes have persuaded the Polish firm to reduce this enterprise and focus as soon as once more on what made GOG particular within the first place.
