CD Projekt launches Cyberpunk 2077 game on Nintendo Switch 2
GDANSK (Reuters) -Poland's biggest game developer CD Projekt said on Thursday that "Cyberpunk 2077: Ultimate Edition" had been launched on the Nintendo Switch 2 console, bringing it to Nintendo players for the first time.
Back catalogue sales have become more important for developers due to the increasing number of delays to new games. Last month, Tomb Raider owner Embracer said it was leaning on its back catalogue to maintain cash flow while fewer games are being released.
Since the release of "Phantom Liberty" expansion to "Cyberpunk 2077" in September 2023, CD Projekt has been relying on sales of existing games from its back catalogue.
Erste Group analyst Krzysztof Tkocz said in a note to clients that the release on Nintendo Switch 2 "will have a significant impact on the company's results in second quarter and subsequent quarters".
Gaming fans queued up for the launch of Nintendo's Switch 2 on Thursday amid pent-up demand for the more powerful next-generation gaming device.
"We expect that this could be one of the most popular 3rd party games at the launch of the new console", Trigon DM analyst Grzegorz Balcerski said in a note to clients.
The price of the game has been set at $69.99 for Nintendo Switch 2.
(Reporting by Adrianna Ebert; Editing by Matt Scuffham)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
The Star
15 minutes ago
- The Star
India plans to ban online games played with money, citing addiction risks
FILE PHOTO: The words "India online gaming regulations" are displayed in front of an Indian flag in this Illustration taken September 14, 2022. REUTERS/Dado Ruvic/Illustration/File Photo NEW DELHI (Reuters) -India's government plans to ban online games played with money, a proposed bill showed on Tuesday, in what would be a heavy blow for an industry that has attracted billions of dollars of foreign investment. Citing psychological and financial harm it says can be caused by such games, the Promotion and Regulation of Online Gaming Bill 2025 says that no person "shall offer, aid, abet, induce or otherwise indulge or engage in" the offering of online money games and such services. The 13-page bill, which has not yet been made public but has been reviewed by Reuters, describes an online money game as one played by a user by depositing money in expectation of winning monetary and other enrichment. The Indian market for such gaming is set to be worth $3.6 billion by 2029, venture capital firm Lumikai says. Endorsements by top Indian cricketers and other marketing efforts have boosted appeal and investor interest of real money gaming apps such as the popular fantasy cricket games operated by startups Dream11 and Mobile Premier League. Dream11 commands a valuation of $8 billion while Mobile Premier League is valued at $2.5 billion, PitchBook data shows. The Indian government has long been concerned about how such games are addictive. India's IT ministry, which has drafted the bill, did not immediately respond to a request for comment. MPL and Dream11 declined to comment. In fantasy cricket games on Dream11, users create their teams by paying as little as 8 rupees (10 U.S. cents), with a total prize pool of 1.2 million Indian rupees ($14,000). The apps become more popular during the Indian Premier League season, one of the world's most popular cricket tournaments. The bill states that anyone who offers such money games could face a jail term of up to three years and a fine. "Such games often use manipulative design features, addictive algorithms ... while promoting compulsive behaviour leading to financial ruin," the bill said. (Reporting by Aftab Ahmed and Aditya KalraEditing by David Goodman)
The Star
3 hours ago
- The Star
US investment in Intel would be aimed at helping company stabilize, Bessent says
Intel processor and U.S. flag are seen in this illustration taken August 19, 2025. REUTERS/Dado Ruvic/Illustration WASHINGTON (Reuters) -U.S. Treasury Secretary Scott Bessent on Tuesday said any U.S. investment in Intel would be aimed at helping the troubled chipmaker stabilize, as Commerce Secretary Howard Lutnick said the government wanted equity stakes in exchange for its support of semiconductor manufacturers. Asked about reports that the U.S. was considering taking a 10% stake in Intel, Bessent told CNBC's "Squawk Box" program: "The stake would be a conversion of the grants and maybe increase the investment into Intel to help stabilize the company for chip production here in the U.S." Bessent gave no details about the size or timing of any U.S. stake in Intel, but said any investment would not be aimed at forcing U.S. companies to buy chips from Intel. Bessent's comments were the first official response after Bloomberg News reported on Monday that the U.S. government is in talks to take a 10% stake in Intel. The White House had declined to comment on the report on Monday. His comments also came a day after SoftBank Group agreed to invest $2 billion into the U.S. chipmaker, which has struggled to compete after years of management blunders. Lutnick, speaking on a separate CNBC program, said the Biden administration had been "giving away" grants with no return on investment, but U.S. President Donald Trump wanted to change that equation. "The Biden administration literally was giving Intel money for free and giving TSMC money for free, and all these companies just giving the money for free, and Donald Trump turned it into saying, 'Hey, we want equity for the money. If we're going to give you the money, we want a piece of the action for the American taxpayer.'" Intel has struggled financially and recorded an annual loss of $18.8 billion in 2024, its first such loss since 1986, as it grapples with multiple challenges. (Reporting by Andrea Shalal and David Shepardson, additional reporting by Katharine Jackson; Editing by Andrew Heavens and Andrea Ricci)
The Star
4 hours ago
- The Star
Turkey aims to hold 5G frequency tender in October, minister says
FILE PHOTO: Turkey's Minister of Transport and Infrastructure Abdulkadir Uraloglu addresses the audience during a signing ceremony in Istanbul, Turkey, April 29, 2024. REUTERS/Umit Bektas/File Photo ISTANBUL (Reuters) -Turkey plans to launch a long-awaited 5G frequency tender in October with initial service expected to be available in 2026, its transport and infrastructure minister said on Tuesday. Abdulkadir Uraloglu said Turkey had consulted with its three major telecom operators and studied global 5G models, particularly in Europe. All three operators - government-controlled Turkcell and Turk Telekom along with Vodafone's Turkish unit - are expected to take part in the tender. "We aim to publish the tender specifications this month and hold the tender in October," he said in a ministry statement. "Our goal is to expand 5G across the entire country within a few years after the initial signal is received in 2026." Uraloglu had previously said he hoped to hold the tender in August. According to a presidential decree published on Turkey's official gazette on Saturday, the tender will include 11 frequency packages across the 700 MHz and 3.5 GHz bands, with individual package values ranging from $50 million to $425 million. The decree set the minimum price for the available frequency packages at $2.13 billion. The tender will also see the government roll over existing mobile network licenses, which are currently set to expire in 2029. Operators will be required to pay 5% of their yearly revenues to roll over the licenses. (Reporting by Tuvan Gumrukcu and Can Sezer; Editing by Joe Bavier)
