Making it independent from CD Projekt is probably a good thing for conflict of interests, but this seems like it will ultimately change very little as it's moving from ownership by CD Projekt (and a small group of CD Project co-founders) to 'independence' from CD Projekt and ownership by a single CD Projekt/GOG co-founder - who remains the second-largest share owner of CD Project.
It only cost him ~$23mil USD BTW, which sounds like a bargain to me, considering CD Projekt Red (while owning GOG) was mostly recently valued around $10bil US between market cap and assets, and GOG's slow-but-consistent increase in popularity..
5 Comments
pulsewidth@lemmy.world · 5 pts · 240d
Making it independent from CD Projekt is probably a good thing for conflict of interests, but this seems like it will ultimately change very little as it's moving from ownership by CD Projekt (and a small group of CD Project co-founders) to 'independence' from CD Projekt and ownership by a single CD Projekt/GOG co-founder - who remains the second-largest share owner of CD Project.
It only cost him ~$23mil USD BTW, which sounds like a bargain to me, considering CD Projekt Red (while owning GOG) was mostly recently valued around $10bil US between market cap and assets, and GOG's slow-but-consistent increase in popularity..
sj_zero@lotide.fbxl.net · 2 pts · 237d
It's a shocking deal for the #2 PC game store.
eltrain123@lemmy.world · 2 pts · 240d
How did cd projekt acquire gog from cd projekt?
wizzor@sopuli.xyz · 5 pts · 240d
Gog was owned by CD Project.
Gog now owned by dude.
Dude also own part of CD project.
pulsewidth@lemmy.world · 3 pts · 240d
It's a badly-worded title. Better titles: