Ubisoft death watch

[rusty_shackleford]

I could have sworn we had a thread for this already.

[Nooneatall]

I could have sworn we had a thread for this already.

Boohoo cry baby little *****. I hope he losses his job, becomes homeless, and has to prostitute himself to "migrants"

[Yankee Zulu]

You reap what you sow.

[Vergil]

Nothing of consequence will happen to this company btw

[Roguey]

Nothing of consequence will happen to this company btw

Their stock is low enough that dissolution/zombie-company is a possible future. Midway, Interplay, THQ, a number of publishers have ceased to be over the years.

[Vergil]

Nothing of consequence will happen to this company btw

Their stock is low enough that dissolution/zombie-company is a possible future. Midway, Interplay, THQ, a number of publishers have ceased to be over the years.

Being under the delusion Ubisoft is anywhere close to where those companies were is kino

[rusty_shackleford]

Nothing of consequence will happen to this company btw

Their stock is low enough that dissolution/zombie-company is a possible future. Midway, Interplay, THQ, a number of publishers have ceased to be over the years.

Being under the delusion Ubisoft is anywhere close to where those companies were is kino

ubisoft's market cap is 10% of what it was just 4 years ago.

[Unhelpful Contrarian]

Nothing of consequence will happen to this company btw

I don’t understand why you think that given the news, not to mention a ton of insider information that not only confirms Ubisoft bleak state but even shows a more dire situation then what been officially reported.

[A Chinese opium den]

Nothing of consequence will happen to this company btw

I don’t understand why you think that given the news, not to mention a ton of insider information that not only confirms Ubisoft bleak state but even shows a more dire situation then what been officially reported.

[rusty_shackleford]

ubisoft's market cap is 10% of what it was just 4 years ago.

to put it into perspective, they're below paradox right now

their FY25 was riding entirely on star wars outlaws & AC shadows. It's even in their FY23-24 earnings report:
https://staticctf.ubisoft.com/8aefmxkxp ... _final.pdf

Solid growth expected in FY25 with strong pipeline:
Star Wars Outlaws™ and Assassin’s Creed® Shadows,
two of the most anticipated releases of the year

They completely missed their Q2 and have absolutely nothing for Q3.

[Kronus]

One can only hope for a meltdown in which 2K, EA, snoy, Bioware, Beamdong, Epic, naughty dog, Buzzard all went broke in the next 5 years, along with PCGamer, resetera, eurogamer, etc.

Would it be too much of a (crack) pipe dream?

[Rand]

ubisoft's market cap is 10% of what it was just 4 years ago.

to put it into perspective, they're below paradox right now

their FY25 was riding entirely on star wars outlaws & AC shadows. It's even in their FY23-24 earnings report:
https://staticctf.ubisoft.com/8aefmxkxp ... _final.pdf

Solid growth expected in FY25 with strong pipeline:
Star Wars Outlaws™ and Assassin’s Creed® Shadows,
two of the most anticipated releases of the year

They completely missed their Q2 and have absolutely nothing for Q3.

Paradox is doing badly?
But they have all those games and expensive DLCs.

[Oyster Sauce]

I, for one, am glad that LGBTHQ anti-white propaganda companies have to go out of business when they make bad games and don't make money, because money is real and not gay

[Rand]

I, for one, am glad that LGBTHQ anti-white propaganda companies have to go out of business when they make bad games and don't make money, because money is real and not gay

Fiat currency is also fake and gay, but people like it for real and not just pretend in public.

[Kronus]

I, for one, am glad that LGBTHQ anti-white propaganda companies have to go out of business when they make bad games and don't make money, because money is real and not gay

Fiat currency is also fake and gay, but people like it for real and not just pretend in public.

How would an economy without fiat currency work? By collecting seashells on the beach or what?

[rusty_shackleford]

I, for one, am glad that LGBTHQ anti-white propaganda companies have to go out of business when they make bad games and don't make money, because money is real and not gay

Fiat currency is also fake and gay, but people like it for real and not just pretend in public.

How would an economy without fiat currency work? By collecting seashells on the beach or what?

Have a currency that can be redeemed for something tangible

[UltraFan123]

I could have sworn we had a thread for this already.

I think it was also this very same guy the one who said the iconic "gamers should get used to not owning their games"? If so, then justice truly is poetic in this case.

[Bing_xiLim]

I could have sworn we had a thread for this already.

Imagine being a "monetisation" director and having the audacity to write this ****. Rest in **** *******. ******* ************* if you're going to be this shameless.

[Tweed]

It's not shocking at all. Zero self-awareness or shame while the ship sinks. They'll always point a finger and blame the horrible, evil gamers who didn't buy the slop as the water swallows their heads.

[LemonDemonGirl]

I think EA may be a better company at this point

[Ranselknulf]

Citing disappointing financial results in the previous quarter, Ubisoft cancelled another three previously unannounced games in January 2023.[82] In an email to staff, Yves Guillemot told employees to take responsibility for the company's forthcoming projects, asking that "each of you be especially careful and strategic with your spending and initiatives, to ensure we're being as efficient and lean as possible" while also saying that "The ball is in your court to deliver this line-up on time and at the expected level of quality, and show everyone what we are capable of achieving."[83][84] Union workers at Ubisoft Paris took issue with this message, calling for a strike and demanding higher salaries and improved working conditions.[85]

As part of a change in the terms in their acquisition of Activision Blizzard in October 2023 to satisfy government regulators, Microsoft gave Ubisoft the rights for cloud gaming of Activision Blizzard's games.[86] As part of a cost reduction plan, Ubisoft reduced its number of employees from 20,279 employees in 2022, to 19,410 in September 2023.[87] In November 2023, Ubisoft laid off 124 employees from its VFX and IT teams.[88] In March 2024, Ubisoft laid off 45 employees from its publishing teams.[89] Another 45 employees were cut between its San Francisco and Cary, North Carolina offices in August 2024.[90]

In the first half of 2024, Ubisoft experienced underperforming sales of Star Wars Outlaws, Skull and Bones and Avatar: Frontiers of Pandora, causing its stock to fall to nearly its lowest levels in the previous decade.[91] As a result, the company announced they were launching an investigation of their development cycles to focus on a "player-centric approach", and opted to delay its next major flagship game, Assassin's Creed Shadows, from November 2024 to February 2025.[92] At the same time, one of its shareholders, AJ Investments, stated they were seeking to have the company purchased by a private equity firm and would push out the Guillemot family and Tencent from ownership of the company.[93] Bloomberg News reported in October 2024 that the Guillemots and Tencent were considering this and other alternatives to shift ownership of the company in light of the recent poor financial performance.[94]

[Tweed]

For starters, fire all women and minority devs and stop making games about men kissing each other.

[Luckmann]

He thinks he's part of the community?

My community plays games and eats popcorns while watching Ubisoft kill itself.
Your community cries online about capitalist corporations dying after putting out bad product and then acting like it's entitled to the moral, cultural, and financial support of the working class.

We are not the same.

[J1M]

It's hard for me to believe that all of that IP, engine tech, recurring revenue, etc is only worth a market cap of $1.8B.

[UltraFan123]

It's hard for me to believe that all of that IP, engine tech, recurring revenue, etc is only worth a market cap of $1.8B.

Still too high if you ask me. kek

[Luckmann]

... because money is real and not gay

I think it was also this very same guy the one who said the iconic "gamers should get used to not owning their games"? If so, then justice truly is poetic in this case.

No, that was Philippe Tremblay, director of subscriptions, which is somehow different from being director of monetisation, because this is a modern gaming corp we're talking about.

It's hard for me to believe that all of that IP, engine tech, recurring revenue, etc is only worth a market cap of $1.8B.

Well that's the danger for corporations like these, they can have huge overheads and gigantic investment loans mixed up with all of that, and if the recurring revenue drops along with the perceived value of the company, someone that can see a way out and the value of, say, those IPs and their patents and whatnot can swoop in and gobble it all up. Then they either axe the nonces and trim the fat, or they cut it all up and sell it piecemeal to others to recover their investment. It's sad when it happens sometimes, but in this case it'd just be like nature is healing.

I think EA may be a better company at this point

No. They may be worth less and may be less popular, but Ubisoft's biggest claims to bad reputation is ultimately just some ****** business practices and a bunch of bad games. Meanwhile, EA has actively been the great Satan of gaming since the early 90's, arguably the late 80's. Ubisoft may seem offensive in the current climate, but they didn't run up and kill someone's dog Bullfrog, they didn't chop down Westwood and wear its bark like an Athkatlan skinsuit. Electronic Arts is so absolutely garbage that criticism of the company has its own Wikipedia article.

It will be a cold day in hell when someone else takes the throne of the great Satan of gaming, and it'll likely be because Electronic Arts died, arrived in Hell, and decided to turn down the thermostat to save money.

[J-12]

Not ubisoft but you get the idea

[rusty_shackleford]

It's hard for me to believe that all of that IP, engine tech, recurring revenue, etc is only worth a market cap of $1.8B.

What's the use of it when the people who knew how to do anything with all that no longer work there?

Acquisitions in general really confuse me, a company is worth essentially as much as its IPs are. It's not like you're buying a license to own the employees as slaves, and that's what really makes a company what it is. That tech is worthless the moment the people who know how to maintain & use it leave, for example, look at CDPR — RedEngine essentially became lost technology unable to be understood because the people who made it no longer worked there.

[Ranselknulf]

Ubisoft is the next meme stock.

It's gonna surpass the gamestop rally.

[Rand]

I, for one, am glad that LGBTHQ anti-white propaganda companies have to go out of business when they make bad games and don't make money, because money is real and not gay

Fiat currency is also fake and gay, but people like it for real and not just pretend in public.

How would an economy without fiat currency work? By collecting seashells on the beach or what?

The way it worked for all time until the 20th century: better.
You can't print infinite gold.