To be fair pretty much all SJW type people, who tend to live in the cities and the suburbs, would have died first given how this thing spread.
Ubisoft is, shockingly worth only 2.67 Billion USD
- Thread starter Bryank75
- Start date
Writing is on the wall! Doubling down on AC won’t save them either. Trash hole crappy publisher that will most likely be consumed by tencent.According to the current stock price, the company is worth 2.67 Billion USD
It just shows how a combination of markets downward trend and Ubisofts poor recent performance has collapsed the stock from 20 dollars per share back in Jan 2021, down to just over 4 dollars currently.
I am not a financial adviser but I think it's a great time to buy.
Ubisoft Entertainment SA (UBSFY) Stock Price, News, Quote & History - Yahoo Finance
Find the latest Ubisoft Entertainment SA (UBSFY) stock quote, history, news and other vital information to help you with your stock trading and investing.finance.yahoo.com
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Most of those are shite. For Honor? Rayman lol. Even the Division 2 didn't sell as much as they expected it to, and cost a ton to make with a huge dev team. And where's the hype for a sequel.
I'm talking about the bottom line not IPs.
The traditional way console manufacturers made money was by using first party games to build the market for their console and then make money off of licensing and the online storefront. Secondary titles like those smaller Ubi titles are part of a healthy console landscape. Also For Honor and the Division both made money/were successful. Ubisoft still makes money off of the Division 2 is still getting updates and making money even after the original team moved on. Nothing to lol at for a would-be purchaser of their assets after the bankruptcy auction.
UBI’s infrastructure is too unwieldy for most buyers to really be comfortable with. 200 studios in 50 countries, with all the time zone and language issues is a logistical nightmare, and ex-UBI people have talked about how hard it makes things for creatives.
The corporate structure needs a massive overhaul.
Oh yeah, they built a totally fucked monstrosity where studios of hundreds exist but never release products of their own. Its unworkable in the long-run and I don't know how they are going to dig themselves out of it. I really think they'll go bankrupt if they don't attract new investors or get brought out.
Ubisoft need to trim the fat in a major way and become less unwieldy as a company. The leadership needs to change as well.
