UBIsoft in potential financial trouble

A month and a half after denying reports it was poised to pull the plug on its free-to-play live-service shooter XDefiant - which launched back in May - Ubisoft has confirmed it's doing just that, resulting in the closure of three production studios and 277 employees losing their jobs.
 
Ubisoft delays Assassin's Creed Shadows again because of a potential company sale, from Tencent?
To Tencent perhaps? Tencent is only currently a minority shareholder, they don't own Ubisoft.
 
Isn't it a French company?
If they have studios on US soil (and they have several) you have to satisfy regulatory body in US as well (probably the same goes for Canada and any other subsidiary). Typically when Chinese company buys multinational and US lawmakers aren't happy, subsidiaries inside United States are sold to third party or C-level are "very sad" to fire everyone working in US.
 
What crash? What will be gained from it?
The video game industry crash. After 40 years of growth, it is so mismanaged to stagnate during covid (how!?) and finally losses last year. After the first layoff spree in 2022. There are no new revenue streams and big publishers are overinvested due to projected growth. It does not mean there will be some hard crash, but I expect it because of how clueless the big publishers are. Instead of just making all kinds of games better, the suits just chase the biggest trends and try to conquer them by showering money at it. We are past the point where the publishers often don't know how to do again the hits of the past, they can only make worse versions. And the gold cows are now milked dry.

It doesn't have to be a crash, maybe just a significant correction. And none of this applies to insulated markets like China.

If the publishers fail enough to shake off the management that is only after numbers which are not sustainable, we can gain reasonably scaled projects of larger variety satisfying more people. That makes the crash desirable.
 
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