6 hours Ago
Is Ubisoft in big trouble? (Ubisoft) As the future of Ubisoft looks ever more bleak, it's said the company is considering going private with the help of Tencent. Between the delay of Assassin's Creed Shadows and poor sales of Star Wars Outlaws, it's clear Ubisoft is knee deep in financial trouble at the moment. Last month, Ubisoft's share price dropped to its lowest point in almost 11 years, sparked by the 'soft' sales of Star Wars Outlaws.
This comes after a string of titles which seemingly failed to hit sales expectations, including XDefiant, Skull And Bones, and Prince Of Persia: The Lost Crown. The delay of Ubisoft's biggest game this year, Assassin's Creed Shadows, to February 2025 appears to have made a bad situation worse, with the owners of the company now apparently considering a buyout. As reported by Bloomberg, the Guillemot family, which founded Ubisoft and have a 20.
5% stake, and Chinese conglomerate Tencent – which has a 9.2% stake in the company – are said to have been speaking with advisers to find ways to stabilise Ubisoft and bolster its value. One of the options is said to be a potential buyout of Ubisoft between the Guillemot family and Tencent, which would take the.
.. Adam Starkey.
