Michał Kiciński, co-founder of CD Projekt, has bought back GOG and reaffirmed the platform's DRM-free policy as a core, pragmatic value for consumers. Framed by recollections of CD Projekt Red removing DRM from The Witcher 2 in 2011 and the subsequent lawsuit from publisher Bandai Namco, Kiciński's statement signals continuity of GOG's consumer-friendly positioning and potential ongoing tension with publishers that prefer DRM; no financial terms or operational guidance were disclosed.
Contrarian angles: Consensus underweights the monetizable value of anti‑DRM goodwill — a 5–10% lift in lifetime revenue per title is plausible for story-driven RPGs, which would re-rate mid‑caps by 10–30% on multiple expansion over 12–24 months. Reaction is underdone in European small‑caps where provenance and founder ownership matter (watch governance signals and insider buys). Unintended consequence: stronger DRM rejection could raise piracy in some genres, pressuring short‑tail sales and elevating importance of post‑launch live monetization (a negative for single‑sale‑dependent publishers).
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