| Koragg said: I had a quick look at Ubisoft's accounts, their net cash position for FY24 is worse than FY23 and they have quite a lot of debt. |
Worst case scenario they'll be acquired by Tencent (or someone else if France blocks Tencent) followed by thousands of layoffs and turned into an Assassins Creed/Far Cry factory, actually, I think that's the most likely scenario if someone does acquire them. I do not see Ubisoft shutting down entirely (nor should anyone want that).
But I do think if someone acquires Ubisoft, first thing on the list will be streamlining them down to the size of other publishers via layoffs, moving towards cheap outsourcing instead of internal co-development and cancelling any low-impact IPs (like Beyond Good and Evil 2). Prince of Persia: The Lost Crown team would probably shutdown, likely the Rabbid's team as well, Rainbow Six will stay alive.
Which is like, exactly what this investor everyone keeps talking about wants, Lol.
IIRC as well, Microsoft will have to be informed in who acquires Ubisoft now thanks to them licensing Activision-Blizzard Cloud titles to Ubisoft (between 50m-100m Euros) which Ubisoft has already started to profit on. Due to it being an agreement between Microsoft, Ubisoft and the CMA. So that may make a sale a bit more awkward depending on who it is.
Honestly, I hope Ubisoft can pull through this, it would be better for the industry if they could, I don't want to see another major corporation gobble up another major corporation, I want to see Yves fuck off and step down as CEO though and someone else takeover, preferably someone from within Ubisoft who is well respected and liked, without a bunch of baggage and with a clear direction.
Last edited by Ryuu96 - on 27 September 2024
