https://web.archive.org/web/20210610210851/https://www.bloomberg.com/news/articles/2021-06-07/activist-wants-heads-to-roll-after-6-2-billion-cyberpunk-fiasco

The only source I found was from bloomberg or this strange websites article.

https://www.biologyreporter.com/cd-projekts-board-is-how-much-the-cyberpunk-2077-resignation-movement-earns-%d8%aa/ That might explain this.

a cdpr ceo did buy more stock to avod being fired by a 3/5 majority of share holders, did i get it right?

IIRC CDPR did this a couple of years ago, bought back a vast number of share to ensure they had full control of their own company.

Good to see they've protected the company by being taken over by some suits that don't even play video games and would probably want to add loot crates to everything.

Now that they've secured their longevity, hopefully the boys at CDPR will come through and fix the mess they made though. Time will tell as the patches pour out for CP2077, as well as how The Witcher 3 remaster launches and is received.

Well, if nothing else, might I suggest that the shareholders work with the employees to create a pincer?

The 3/5 majority split to oust out board members is 60% of the shareholders. Currently, there are 66% of shares in free floating, so currently it's technically possible to execute this, although highly unlikely. They would still need to buy back the last +6% to be completely safe.

Protected themselves you mean. CDPR are all about loot crates online microtransactions multiplayer. A la gwent, and they specifically stated this for cyberpunk, as you can tell from looking at it. Sure there is some half baked story mission, but it’s clearly only aimed at the microtransaction market.
I can’t see they have anything left but some diehards or who refuse to admit the failures. It’s quite an impressive feat to completely trash your identity in but one release.

Why? They made (them) shitloads of money.

Are we going to debunk capitalism we are practicing is just veiled cleptocracy?
Because if we're going to do that the lid gets blown off and a lot more things have to be scrutinized more closely.

The Panama Papers, Jeff Besos's tax returns, the de-industrialization of the west and ergo impoverishing vast amounts of the population, the lobby/bribe culture of our goverments, Uber pushing out taxi companies into bankrupcy with their cheap enslaved cabdrivers, etc.

Presumably not as much money as had been predicted, and unless they choose to pay out that money as dividends, the shareholders get squat. The CDPR share price dropped some 50% following the Cyberpunk launch, which is not something investors are exactly going to be happy about.

Tbh, I don't blame them wanting some of the heads in charge to be accountable.

Trying to predict cash flows from launching new videogame IP is foolish at best. A person would have to be awfully stuffy to get bent out of shape over the performance of CDPR and I think this is more about politics than it is about real economics.

Shrewd investors know a stock that is likely to fall in value can be profitable (Shorting). Someone made a lot of money from this debacle. Perhaps it's not an accident that Cyberjunk did so badly?

Yes, investors would have to be awfully stuffy to be annoyed at their investment losing 50% of its value. How dare they!

There is a saying: "Never put down to malice what can be adequately explained by simple incompetence."

The difference between the trailers/promos and the actual gameplay experience is so stark that I have difficulty believing it was entirely accidental/unexpected. Never underestimate the power of human greed.

"I don't care if I fuck over one person or one million, just so long as I get my luxury yacht." - It's the tory way.

They built up a very big hype train, for sure. I would think most likely because they wanted the pre-orders. But then, it's become the norm that game trailers make games look much more impressive than their gameplay. In fact, it's a rarity these days to actually see any gameplay footage whatsoever in a trailer.

I don't think any of us really know what pressures led to the decision to rush the launch.

As far as I'm concerned, CDPR are "suits" already by virtue of going public alone (since their actions will be beholden to the "suits" you mention). The fact that they take additional actions such as apparently designing Cyberpunk around an upcoming multiplayer where "naturally, there will be microtransactions", pushing Galaxy at all costs over offline backup installers that some users probably aren't aware even exist, etc, are just compounding the issue.

I don't care what particular person is in charge. I want the "corporate" mentality to be kicked out and replaced with a pro-consumer mentality that comes with a hardline DRM-free-only stance. I also believe this would, perhaps ironically, lead GOG to greater success since they would then have a clearly unique niche for customers not being served, instead of trying to hopelessly compete with the big guys in the industry over their customers.