CD Projekt RED rises on Paramount's plans for film set in 'Cyberpunk 2077' universe
BUZZ-CD Projekt RED rises on Paramount's plans for film set in 'Cyberpunk 2077' universe ** Shares in CD Projekt RED CDR.WA rise 2.6% on the news that Paramount Pictures is developing a live-action film set in the universe of its "Cyberpunk 2077" game
** The news was first reported on Thursday by the entertainment outlet Deadline and later confirmed by the Polish game developer's joint CEO Michal Nowakowski in a post on X
** Trigon analyst Grzegorz Balcerski expects this to support the popularity of the entire IP
** Erste analyst Krzysztof Tkocz adds that Paramount's involvement further expands the Cyberpunk franchise beyond gaming and should strengthen its global reach
** This should help sustain interest ahead of the next Cyberpunk installment and potentially provide for a temporary sales boost, Tkocz adds
** CD Projekt RED is among the top gainers on Poland's blue-chip index WIG20 .WIG20.
(Reporting by Rafal Nowak)
((RafalWojciech.Nowak@thomsonreuters.com; +48 58 769 66 63;))
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