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CDPR could lose its 2014 net income for posting sales numbers of Witcher 3

Forums - Gaming Discussion - CDPR could lose its 2014 net income for posting sales numbers of Witcher 3

The combined sales for Witcher 3 will probably be 7-10 million within the next 3 years. That combined with the increased business to gog, it shouldn't be aproblem I would imagine, however that sucks though. It sounds like the guy who released it allowed his excitement to get the best of him. Hopefully it will be just a slap on the wrist. I don't think there was any malicious intent.



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a bs law and should be dismantled , the polish government should be fined for coming up with such a stupid law in the first place....



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binary solo said:
Whew, 2014 net income was pretty shite. But seems pretty dumb to make a law against publicly announcing good news sales, i.e. everyone gets to know them at the same time, vs only announcing them to a financial market authority behind closed doors.

Well, considering that their last game before 2015 released in 2011 (except the The Witcher adventure game which released end of 2014), that Witcher 3 was supposed to release in 2014 so that they had some higher costs as expected, that they increased the number of theri workforce last year and that they also invested already in a second franchise I think it's decent. Most other videogame companies would lose some money in such a situation.

The Witcher 3 will also help to push GoG.com in the long run, I think they even said that they sold already like 700k units only over GoG and some of the customers were probably new ones who will buy other stuff as well in the future. 

Talking about that law, I can totally understand it. It's not as if that law is made to annoy people, it's probably there to prevend insider trading, to protect investors and so on. You are simply not allowed to talk about the sales of your game to anyone before you have published hat information in the ESPI system which everyone has access to. Sounds fair to me and if you don't know that as public company it's your fault. 

I mean, isn't it logical that if there is a system for investors to know about something which can affect their stock value, that a public company has to post this information first (or at the same time) in this system? Do people really think that investors shouldn't be allowed to get this information at least at the same time over this system? It's not about getting the information before other people, it's to be sure that investors can get the information at least at the same time as every other human on this planet. Investors have to have the right to react to news at the moment they are published and that is only possible if it's published first in this system and not if a company can publish something important where and how they want. Investors can't check every single internet site and whatever on this planet to hear about something immediately, that's why they have this system to look at. 



darkneal said:
At least someone is publishing sales numbers *cough* vgchartz *cough*

You know I always thought that VGStaffers have a blacklist of "special" users and I bet you just made it there. lol Congratulations.



Nintendo is selling their IPs to Microsoft and this is true because:

http://gamrconnect.vgchartz.com/thread.php?id=221391&page=1

maximum fine, so doubt they get fined that much.

But hell that 4 million anouncement probably itselft alone made enough people go out and buy the game to make more than 1.5 million itself.

Always find it funny how when a company says it sold a shit ton, that just makes more people want the game. It's like everyoen is like "oh everyone is playing this, I shoudl too"



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Looks like they got too excited and forgot about the rules. Oh well, the game sold so well and cost so less, so $1.3m isn't that much.



    

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binary solo said:
Whew, 2014 net income was pretty shite. But seems pretty dumb to make a law against publicly announcing good news sales, i.e. everyone gets to know them at the same time, vs only announcing them to a financial market authority behind closed doors.


The law isnt againt publishing sales numbers to the public, its against publicing those numbers before posting them in the system that inverstors use to track company reports. This law is in place propably to asure that different investors will all receive the same informations about a companys sucess or failure at the same time, preventing insider tradding and stuf like that.



AbbathTheGrim said:
darkneal said:
At least someone is publishing sales numbers *cough* vgchartz *cough*

You know I always thought that VGStaffers have a blacklist of "special" users and I bet you just made it there. lol Congratulations.


Ah, i'll take one for the team. 2 months without updating their 'weekly' chart numbers is pretty lazy by anyones standards...even theirs! Lol



Now, that, it's fucking stupid.



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