CD Projekt Red is taking a good look at its upcoming Witcher projects, with the Polish studio revealing that it's re-evaluating their scope and earnings potential.
CDPR published a new regulatory announcement on Monday in which the studio told investors that it had established an impairment allowance related to expenses in developing the upcoming Witcher title.
According to the report, the total expenses for developing Project Sirius were $7.6 million in 2022 and $2.2 million in the first two months of 2023 alone. The announcement said that these sums "will burden the financial results," adding the "aforementioned decision is based on results of evaluation of the scope and commercial potential of the original concept of Project Sirius, and ongoing work on formulating a new framework for this project."
Then, on Tuesday, in response to concerns that the project would be cancelled entirely, a CDPR spokesperson had this to say: