The research phase has come to an end.
The Witcher 4

On March 21, CD Projekt Red announced that they had started the first stages in creating The Witcher 4. At the time, the studio was in the "research" phase of development. We learned that CDPR is teaming up with Epic and will be using Unreal Engine 5 for the sequel. We also learned that this sequel will add in a new Witcher school based on the lynx.

Today, CD Projekt Red says that they have completed this research phase of development and have moved on to pre-production on the game. The studio says, via a blog post, that they completed the research on the game in the first quarter of 2022. CDPR CEO Adam KiciƄski said this in the blog post.

"We are very eager to revisit the universe which has shaped our history to such an extent. We have recently concluded the research phase for the first game in the new Witcher saga, which means that from now on further development expenditures will be capitalized on our balance sheet."
Additional statements made during a recent financial update from CD Projekt Red's Piotr Nielubowicz confirmed that they are now in pre-production.

Pre-production on a title means that the game is still very, very far away from being released. It is also still unknown what the final name will be for this new Witcher title. For the sake of simplicity right now, we're just going to keep calling it The Witcher 4 until an official name is revealed.