🚨 Ubisoft is in serious trouble due to poor performance of recent major releases, leading to a significant drop in stock price to $2.25, the lowest in over 11 years.
📉 The company has faced a string of failures, including:
🛑 Assassin's Creed Shadows has been delayed to February 14, 2025, from its original release date of November 12, 2024. This delay is due to the need for more polish and refinement.
📅 Ubisoft's statement emphasized the ambition of the game and the need for additional time to enhance the experience, including:
💰 The company is rethinking its season pass model and is responding to community feedback, indicating a shift in strategy due to financial pressures.
🔍 Internal memos reveal that the poor sales of Star Wars Outlaws prompted a reassessment of development practices, with a focus on delivering polished games on launch.
📉 Ubisoft's stock is at its lowest in 11 years, and there are calls from investors for the company to consider selling itself to private equity firms or Tencent.
⚠️ The future of Ubisoft looks uncertain, with significant pressure on the upcoming release of Assassin's Creed Shadows to perform well and potentially turn the company's fortunes around.