Once again, the consequences for failure are totally different for a corporation as compared to a private individual.
After the Cyberpunk 2077 launch disaster, in which hundreds of thousands of people bought an essentially unplayable video game, the developers are set to pay just $1.85 million in a proposed class-action suit settlement.
Cyberpunk 2077, one of the most anticipated games of all time, had a budget of over $316 million, money it made back in a single day at launch.
That launch was plagued with issues and disappointed millions, as Cyberpunk 2077 was riddled with bugs and was essentially rendered unplayable. It was so bad, even Sony pulled it from its PS5 games store.
Now, after almost a year of scandal and people demanding compensation, game developer CD Projekt is ready to settle the score in a class-action lawsuit.
They say the negotiations are over and they agree to pay $1,850,000 USD to the plaintiffs, the actual shareholders of CD Projekt who accuse the company of misleading them about financial performance.
If they accept this payout, the shareholders who filed suit are expected to “relinquish[ing] any and all claims against the Company and members of its Management Board.”
Despite the fact that Cyberpunk 2077 recouped its development costs in just 24 hours, it fell short of its sales projections and took down the developer’s stock price with it.