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Ubisoft launches major reset, cancels six games including Sands of Time remake, and shutters two studios

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Source: BBC
Ubisoft launches major reset, cancels six games including Sands of Time remake, and shutters two studios
Photo: BBC
TL;DR

Ubisoft has launched a major reset, canceling six games (including Prince of Persia: The Sands of Time remake), closing two studios (Stockholm and Halifax) and delaying seven titles to focus on open-world, live-service games; shares fell about 33% on the news as the company pursues sustainable growth amid rising development costs, with Vantage Studios tasked to turn its big franchises into annual brands.

Topics:technologybusiness#business#live-service-games#open-world-games#prince-of-persia-remake#studio-closures#ubisoft-restructuring
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  1. Ubisoft cancels six games including Prince of Persia and closes studios  BBC
  2. Ubisoft shares plummet 33% after Assassin’s Creed maker unveils reorganization, cancels six games  CNBC
  3. Prince of Persia Remake Game Canceled Amid Ubisoft Reorg, Layoffs  Variety
  4. Ubisoft to Undergo Major Overhaul in Bid to Revamp Fortunes - WSJ  The Wall Street Journal
  5. EXCLUSIVE: Beyond Good & Evil 2 Survives Ubisoft’s Project Purge  Insider Gaming

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