Technology NewsUbisoft in trouble. The studio was even supposed...

Ubisoft in trouble. The studio was even supposed to look for ways to sell itself to another developer, but to no avail

-


Ubisoft in trouble.  The studio was even supposed to look for ways to sell itself to another developer, but to no availSurely you’ve already had a chance to know that the release of Skull and Bones, one of Ubisoft’s upcoming games, has been postponed for the sixth time (!). However, if we dig a bit deeper into the current affairs of the French developer, it turns out that another postponement of the game is not his only problem. And certainly not the most serious. It turns out that Ubisoft is going through a crisis. Foreign media even reported that the studio was supposed to look for ways to buy it out.

Ubisoft is apparently going through a financial crisis. Foreign media even reported that the studio was supposed to look for ways to buy it out.

Ubisoft in trouble.  The studio was even supposed to look for ways to sell itself to another developer, but to no avail [1]

Skull and Bones will not debut in March – information about another significant delay of the premiere has appeared on the web

Recently, Ubisoft not only postponed the release of Skull and Bones once again, but also canceled work on three unannounced titles. The French developer has set itself the goal of looking for savings in the amount of approx. USD 200 million. Not surprisingly, the company’s shares have now become the lowest in 7 years. Ubisoft clearly emphasizes that the studio does not quite function as it should. The CEO of the studio, Yves Guillemot, even stated that he did not hide his disappointment with the recent results.

Ubisoft in trouble.  The studio was even supposed to look for ways to sell itself to another developer, but to no avail [2]

Redfall – the upcoming game from the creators of Prey will not be the next Left 4 Dead. The game will be closer to the popular Ubisoft series

“We are facing contrasting market dynamics at a time when the industry is still moving towards mega-brands and endless game-services – in the context of a deteriorating economic situation affecting consumer spending,” said Guillemot, implying that the negative financial impact on The company has not only inflation, but also completely different than until recently the purchasing choices of players. It can therefore be expected that the canceled Ubisoft productions did not fit into the canon of “endless games-services”, which could make them unprofitable for the developer.

Ubisoft in trouble.  The studio was even supposed to look for ways to sell itself to another developer, but to no avail [3]

Assassin’s Creed Valhalla – The Last Chapter has now been made available to players. Ubisoft is ending its continued support for the game

Unfortunately, this is not very good news for those players who long for refined, story-rich single-player titles. It seems that in order to survive, Ubisoft will have to follow in the footsteps of other developers and publishers, and thus provide games that are as profitable as possible (read: pay-to-win, game-as-a-service, etc.). However, let’s leave the future in the hands of fate, and now let’s deal with the recent past, and more specifically in the spring of last year. Then, for the first time, information appeared on the web (including from Kotaku) that Ubisoft was getting ready to be taken over by another studio. Today the topic is back.

Ubisoft in trouble.  The studio was even supposed to look for ways to sell itself to another developer, but to no avail [4]

Ubisoft apologizes to Valve. Games from the French studio are back on Steam. Is it due to the popularity of Steam Deck?

Well, Jeff Grubb from Giant Bomb indicates that Ubisoft was about to take over the aforementioned acquisition and look for ways to buy it out, but in most cases it was … ridiculed. In other words, none of the studios were interested in buying. The problem is seen in the dispersed nature of the French developer’s work. The studio has many teams scattered around the world, which can make it much more difficult to manage it as a whole. As Grubb stated, “Ubisoft’s strength was a distributed development structure, and now it’s a huge ballast.”

Source: Kotaku, Giant Bomb



LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

How to know that you have to buy a new mobile phone

Despite the fact that smartphones can perfectly last several years being functional today, there are a series of...

எந்த வயதில் மக்கள் குறைவாக தூங்குகிறார்கள்?

ஆய்வில் பங்கேற்றவர்களில் இளையவர் (வயது 19) அதிகம் தூங்குவதாகவும் ஆய்வில் கண்டறியப்பட்டுள்ளது.இருந்து ஆராய்ச்சியாளர்கள் நடத்திய புதிய ஆய்வு லண்டன் பல்கலைக்கழக கல்லூரிதி கிழக்கு ஆங்கிலியா...

MSI laptops with NVIDIA GeForce RTX 4000 graphics – report from the premiere event in Warsaw

At this year's CES in Las Vegas, NVIDIA presented the new generation of GeForce RTX 4000 mobile graphics...

New Wave of Ransomware Attacks Exploiting VMware Bug to Target ESXi Servers

Feb 04, 2023Ravie LakshmananEnterprise Security / Ransomware VMware ESXi hypervisors are the target of a new wave of attacks...

MSI laptops with NVIDIA GeForce RTX 4000 graphics – report from the premiere event in Warsaw

At this year's CES in Las Vegas, NVIDIA presented the new generation of GeForce RTX 4000 mobile graphics...

New Wave of Ransomware Attacks Exploiting VMware Bug to Target ESXi Servers

Feb 04, 2023Ravie LakshmananEnterprise Security / Ransomware VMware ESXi hypervisors are the target of a new wave of attacks...

Must read