CD Projekt Red Is Re-Evaluating New Witcher Game ‘Project Sirius’

© Provided by DualShockers

CD Projekt RED has revealed in a regulatory statement that the company will re-evaluate the scope of its upcoming title Project Sirius, which is set in The Witcher universe but will be different from the next trilogy in the franchise.

The Polish developer and publisher had established an impairment allowance following the expenses of developing the project, which is supposed to be delivered by The Molasses Flood, an American studio that was acquired by CD Projekt RED in 2021.

RELATED: Elden Ring Reveals Just How Many Players Have Been Felled Since Release

"The aforementioned decision is based on results of evaluation of the scope and commercial potential of the original concept of Project Sirius, and ongoing work on formulating a new framework for this project," reads the statement. CD Projekt RED's expenses in 2022 totaled around $7.6 million. In the first two months of 2023, the expenses have hit $2.2 million already, which could cause a difficult financial situation for the company. The Polish publisher believes these expenses "will accordingly burden the [company’s] financial results."

Last year, CD Projekt RED revealed a huge roadmap of upcoming games and titles from the company, including a number of new titles from The Witcher franchise as well as a sequel to Cyberpunk 2077. The company is also working on a brand-new IP.

Project Sirius was described as an experience "set in The Witcher universe," but different from "past releases in that it targets a much broader audience." It was confirmed back then that the game would feature both single-player and multiplayer modes, however, it remains unknown if that would still be the case following the current revision of the project's concept.

Project Sirius will be the second title of The Molasses Flood to be published by CD Projekt RED and their first title since the acquisition. The team's previous games - The Flame in the Flood and Drake Hollow - were smaller-scale survival experiences, both of which are currently available on PC and consoles.

CD Projekt RED previously tried to deliver a multiplayer experience with Cyberpunk 2077, but the game's rocky launch forced them to remove plans for a post-launch multiplayer upgrade. Currently, there is a single-player expansion in development for Cyberpunk 2077, which will be released sometime this year.

NEXT: Next Citizen Sleeper Coming 'Sooner Than You Think', Says Creator