The Witcher 3 Developer Denies EA Takeover Rumours

The Witcher 3: Wild Hunt developer CD Projekt Red has denied rumours it is in discussions with EA about a potential takeover.

Posting on Twitter, community manager Marcin Momot said he discussed the rumour with Marcin Iwinski, co-founder of the studio, who had no knowledge of any such discussions.

The rumour originated from DSOGaming, which cited a statement from an employee saying "management is probably talking with Electronic Arts about a potential takeover."

"I’m employee of CD Projekt Red and I have some bad news to share with you," the purported employee said. "Electronic Arts representatives are currently visiting our studio and meeting with top management."

He continued: "We are not going to release any game soon, so for sure it's not about any publishing deal, so the only possible reason for EA guys being here is that they want to buy us."

The speculative nature of the statement calls its veracity into question, and the assumption that EA representatives at the studio must mean takeover discussions is arguably jumping to conclusions.

Speaking to Develop in June 2015, CD Projekt admitted it was being approached by companies for acquisition on a "regular basis," but added that it doesn't plan on giving up its independence.

The studio's latest game, The Witcher 3, received widespread critical acclaim, earning a 10/10 from GameSpot in its review.

Studio CEO Adam Kicinski revealed the game's total budget--including development and marketing costs--cost about $81 million USD.

Kicinski went on to describe The Witcher 3 as a "good investment," pointing out that the game sold six million copies in six weeks. For CD Projekt Red's latest financial period, the company made a net profit of $62.5 million, most of which came from The Witcher 3.

An expansion for the game called Hearts of Stone is set to launch on October 13.

CD Projekt Red is also working on Cyberpunk 2077, which the studio has said it isn't going to discuss until 2017.