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Ubisoft’s stock surged 30% after Tencent’s acquisition announcement, despite ongoing financial struggles and reputation issues stemming from wokeness and predatory monetization.
Ubisoft’s CEO controversially stated that gamers need to adapt to not owning games, as the company shifts towards a rental service model with prices ranging from $70 to $120.
Ubisoft’s board of directors is launching an internal investigation into the company’s financial woes, likely linked to reputation issues and predatory monetization strategies.
The company’s ambitious plan to release 10 Assassin’s Creed games in 5 years is deemed unrealistic, possibly a tactic to buy time during the board’s investigation.
Ubisoft’s delay of Assassin’s Creed Shadows to February 2024 suggests the game isn’t ready, with further delays likely as the company struggles to survive and hopes for a Tencent acquisition.
Following the failure of Star Wars Outlaws, Ubisoft is pivoting to a more player-centric approach, abandoning the season pass model and releasing games on Steam day one in a bid to salvage their franchises.
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Ubisoft is facing significant financial struggles and internal turmoil, leading to executive departures and potential acquisition talks, while the company considers shifting its business model to better align with consumer expectations.
00:00 Ubisoft executives are abandoning ship as financial struggles and a tarnished reputation threaten the company’s future amid potential acquisition talks.
02:28 Ubisoft’s struggles with product quality and monetization strategies reflect a disconnect between their business approach and consumer expectations.
03:45 Ubisoft executives are reportedly considering buyouts amid internal turmoil and the delay of Assassin’s Creed Shadow, signaling potential instability within the company.
05:10 Ubisoft may delay game releases for further development and shift to a player-centric model, including character customization and day-one Steam releases.
06:05 Ubisoft’s VP of Rainbow Six, Cameron Lee, has departed, signaling potential identity loss amid Tencent’s influence and ongoing Assassin’s Creed projects despite poor stock performance.
07:47 Ubisoft’s management is stalling amid financial troubles and leadership issues, raising speculation about a sale while planning new Assassin’s Creed titles.
10:03 Ubisoft faces uncertainty as shares rise amid potential buyout by Tencent, while the company struggles with sustainability and delays game releases.
11:10 Ubisoft faces significant challenges, prompting discussions about community support and exclusive content on clownfishminus.com.
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