The Witcher Season 4’s Jaw-Dropping Budget Nearly Rivals Superman

Netflix has poured nearly $720 million into The Witcher, with Season 4’s price tag closing in on Superman money, as the monster-hunting franchise keeps expanding across live action, spinoffs, and animation.
Netflix is not exactly tossing a coin to The Witcher anymore. It is dumping a whole vault on it. New budget figures, reportedly from Netflix and surfaced via Redanian Intelligence, show just how massive this franchise has gotten across the main series, spinoffs, and animation.
The price of monster hunting: the big number
All-in so far, Netflix has reportedly spent just shy of $720 million on The Witcher universe, making it one of the streamer’s priciest fantasy bets to date. The splashiest chunk is Season 4, which Redanian Intelligence pegs at about $221 million total. That averages out to roughly $27 million per episode, which makes it the most expensive Witcher season yet and puts it almost on par with Superman’s budget. Not cheap. Even by cape-and-sword standards.
The running tab (so far)
- Season 1: $92.1 million total (8 episodes, about $11.5 million per episode)
- Season 2: $176.3 million total (about $22 million per episode)
- Season 3: $175 million total (about $21.8 million per episode)
- The Witcher: Blood Origin (prequel): $51.5 million total (about $12.8 million per episode for its limited run)
- The Rats: A Witcher’s Tale (spinoff): $21 million spent so far, with costs still rising as post-production, VFX, and final editing finish up
Stack all that together and the franchise has already crossed $720 million in spend. That figure does not include the animated titles: the prequel film Nightmare of the Wolf and the upcoming Sirens of the Deep. Those budgets are still under wraps.
Could the tally hit $900 million? Yup
Industry estimates say that once Netflix wraps the entire Witcher plan — including the anime projects and the final season — the overall bill could push past $900 million worldwide. For a franchise that started as a swords-and-sorcery drama, that is an eye-watering studio-sized investment.
Where everything stands right now
Season 4 is in post-production and aiming for a 2025 release, with Netflix clearly betting big on it. Beyond the screen, the Witcher world keeps expanding:
Author Andrzej Sapkowski has released his new book Crossroads of Ravens in Poland, with an international rollout slated for September 2025. On the game side, CD Projekt Red says The Witcher 4 is in full development with more resources behind it than before.
About the reporting
These budget breakdowns come via Redanian Intelligence and were first flagged by Vritti Johar at SuperHeroHype; the story was also picked up by ComingSoon.net. As always with behind-the-scenes money talk, some of this is the industry’s favorite inside baseball, but the headline is simple: Netflix is all-in on The Witcher, to a nearly superhero-sized degree.