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Forums - Gaming - Ubisoft cancels 6 games, delays 7, closes multiple studios

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firebush03 said:

Ubisoft's stock value has dropped by an eye-watering 36% today, following the restructuring plan. This places Ubisoft's stock price now 95% lower than its high in 2020. Dang! That's no good.

The board probably out to just sell of Ubi's IP.  Feels like Ubi is borderline dead.

I know Ubi died for me when they stopped supporting Steam, then came back but mandated their stupid launcher/connect BS.  I haven't bought an Ubi game since Rayman Legends.  



“Consoles are great… if you like paying extra for features PCs had in 2005.”
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Well, thats what happens when you tell people they dont own the games they pay for. Hopefully their IPs dont die out. 



They are on fire! Burning themselves to the ashes!



 

 

We reap what we sow

Have not been relevant in my eyes since Rayman Legends.



http://www.youtube.com/watch?v=F1gWECYYOSo

Please Watch/Share this video so it gets shown in Hollywood.

I only care about Rayman.

Make a brand new 2D Rayman game full at launch, without in-game purchases and they will probably earn some cash.



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Yeah I haven't bought one of their games in years, it just all feels like the same shit copy-pasted for the most part, with a ton of bullshit thrown in like online requirements, microtransactions, and other shitty AAA practises.

I won't miss them if they go under.



Insane how their most creative games in those years were basically the ones worked on by smaller teams more focused on the player experience than the focused tested AAA open world games they gave us.

Honestly, I'm surprised this hasn't affected any of the studios in my province(Québec).
I still hope something can turn them in the other direction for the better buuuuuuut their directors board has not given us any hint this would happen therefore ... Not looking good.



Switch Friend Code : 3905-6122-2909 

Ubisoft stock plummeted over 30% with this news, in the largest single day drop since the company went public in 1996:

https://www.msn.com/en-us/money/other/ubisoft-stock-falls-30-after-cancelling-multiple-games-and-closing-two-studios/ar-AA1UNjs6

In 2018 it's stock was worth $110, now it's down to just $0.94



How the mighty have fallen, sad times.
Loved Prince of Persia and Rayman



firebush03 said:

Ubisoft's stock value has dropped by an eye-watering 36% today, following the restructuring plan. This places Ubisoft's stock price now 95% lower than its high in 2020. Dang! That's no good.

Imagine buying when the stock was high... and watching it drop to 1/20th of its purchased price.

Like say you put 20,000$ in and now they are worth ~1,000$.