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Prince Of Persia Remake

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Ubisoft's reset triggers 34% stock drop to a 15-year low amid studio closures and game cancellations
business2 months ago

Ubisoft's reset triggers 34% stock drop to a 15-year low amid studio closures and game cancellations

Ubisoft's sweeping 'reset' closes two studios, cancels six games (including the Sands of Time remake) and delays several others, sending its shares down 34% to the lowest level in 15 years. The publisher is reorganizing into five creative houses to focus on major franchises, revising its full-year net bookings guidance, and contends with a lawsuit from former Assassin's Creed chief Marc-Alexis Côté; rumors persist about an Assassin's Creed Black Flag remake.

via Eurogamer|
#assassins-creed-black-flag#business#prince-of-persia-remake
Ubisoft launches major reset, cancels six games including Sands of Time remake, and shutters two studios
business2 months ago

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

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.

via BBC|
#business#live-service-games#open-world-games