Ubisoft isn't doing so hot these days.

On Wednesday, Ubisoft said that they are "facing major challenges as the industry continues to shift towards mega-brands and long-lasting titles that can reach players across the globe, across platforms, and business models." That is to say, some of Ubisoft's latest releases didn't perform all that well and the company isn't doing as well as they had expected.

Ubisoft flatly says that their "recent launches have not...

The deal is less juicy than it sounds.

The Chinese tech giant Tencent just upped their minority stake in Ubisoft. This move comes about a week after competing Chinese tech giant NetEase announced their acquisition of the other France-based development studio, Quantic Dream.

The deal, valued at €300 million, saw Tencent acquiring a minority 49.9% passive stake in Guillemot Brothers Limited, the parent company behind Ubisoft. The deal is valued at €300 million but gives...

Splinter Cell just cannot catch a break.

Ubisoft says that they have cancelled the development of four separate games that were at various stages of development. Two of the projects were never announced by Ubisoft. The other two are Ghost Recon Frontline and Splinter Cell VR.

The choice to end the development on these four titles came as Ubisoft wants to focus on "sizable cost optimization" for their upcoming fiscal year. Chief financial officer Frederick Duguet...

Ubisoft failed to reach their financial targets.

Ubisoft CEO Yves Guillemot will voluntarily take a $327,000 (USD) pay cut for the upcoming year. Ubisoft says that this "is a personal decision" by Guillemot and was done voluntarily as Ubisoft "had not reached the financial targets that it had publicly communicated to the markets."

Guillemot waived his "annual variable compensation," which is just a bonus on top of his usual salary that differs...

Several firms are looking to takeover Ubisoft.

According to anonymous sources close to Bloomberg, there are several companies that are looking to potentially purchase Ubisoft. Some of these potential buyers include the world's biggest private equity firms such as Blackston Inc. and KKR & Co.

Bloomberg says that, at least so far, Ubisoft has not yet entered into serious negotiations with any of the potential buyers. A similar report over the weekend by Kotaku says that...

Numerous employees are quitting due to low pay, the lack of change, and other issues.

People quitting their jobs in search of more fulfilling careers really isn't all that uncommon here in late 2021. We have seen it across multiple industries and workplaces as workers start to realize that they're worth more than the bare minimum many employers offer them.

And while this is happening within the gaming industry as well, it seems to be happening at a much higher rate at...

The studio has been looking into doing this since 2018.

Ubisoft officially announced their plans to develop "play-to-earn" NFT and blockchain games. This big and unfortunate announcement came during the studio's Q2 earnings call that took place last week. The subject was also touched upon several times during their recent earnings report.

Ubisoft started things off with this whole blockchain thing by funding Animoca Brands, a company that is focused on creating...

According to Yves Guillemot, as quoted by GameSpot, there will not be a new Assassin's Creed game coming in 2019.

Ubisoft CEO Yves Guillemot delivered this news earlier at Gamescom.
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Today, Vivendi upped their stakes in both Ubisoft and Gameloft to over 10%. This comes roughly one week after their initial purchase of Ubisoft stock gave them 6.6% total ownership in the studio.
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Today, Vivendi upped their stakes in both Ubisoft and Gameloft to over 10%. This comes roughly one week after their initial purchase of Ubisoft...

Ubisoft is being super optimistic today. Yves Guillemot, CEO of Ubisoft, and CFO Alain Martinez said that they expect Rainbow Six Siege to do better than Far Cry (4) over its lifetime.
Right now, Far Cry 4 is sitting at just over 7 million units sold since its release last year. Gu...

Ubisoft is being super optimistic today. Yves Guillemot, CEO of Ubisoft, and CFO Alain Martinez said that they expect Rainbow Six Siege to do...

The VGAs are no more. They are dead and buried and nobody is terribly upset. New to 2014 is the totally not the same show but under a different name, The Game Awards! The difference here is that this is born from a unique joining of forces from the top industry figures. The Game Awards will be streamed live digitally and through all sorts of media formats. Some of the key players for The Game Awards being born are EA, Kojima Productions, Rockstar Games, Sony, Ubisoft, Valve, Warn...

The VGAs are no more. They are dead and buried and nobody is terribly upset. New to 2014 is the totally not the same show but under a different...