Ubisoft has appointed advisors to assessment numerous “strategic and capitalistic options” following beforehand initiated strategic and execution critiques.
“We have taken decisive steps to reshape Ubisoft to deliver best-in-class player experiences, enhance operational efficiency and maximise value creation,” mentioned Ubisoft CEO and co-founder Yves Guillemot.
“We recently appointed advisors and are actively exploring various strategic and capitalistic options to unlock the full value potential of our assets. We are convinced that there are several potential paths to generate value from Ubisoft’s assets and franchises.”
As a part of the continued critiques, Ubisoft has determined to delay Assassin’s Creed Shadows by a month.
The recreation was initially scheduled for launch on November 15, 2024, however was delayed to February 14, 2025. The launch date has now been moved to March 20, 2025.
“[Ubisoft] is behind our teams’ efforts to create the most ambitious Assassin’s Creed opus of the franchise,” added Guillemot.
“[We] have made the decision to provide an extra month of development to Shadows in order to better incorporate the player feedback gathered over the past three months that will enable us to fully deliver on the potential of the game and finish the year on a strong note.”
During a name with traders following the announcement (by way of GamesRadar), Ubisoft responded to reports of buyout discussions with Tencent.
“We won’t comment on specific rumours that we’ve seen in the market,” mentioned CFO Frederick Duguet. “We will inform the market if and when a transaction materialises.”
Ubisoft mentioned it’ll proceed to undertake value reductions and be “highly selective” relating to investments. It is anticipating a “€200 million reduction of its fixed cost base.”
The agency additionally shared its estimated Q3 internet bookings to be €300 million, which is decrease than anticipated due to the underperformance of Star Wars Outlaws and sunsetting XDefiant last month.
As for the complete 12 months, Ubisoft has predicted internet bookings of €1.9 billion and is anticipating “new partnership alternatives for Ubisoft’s video games and franchises in addition to for the monetisation of the streaming rights acquired last fiscal year.“
