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Lol this is the most "why MBAs and consultants are cancers" development ever. Publisher makes mediocre games, then wonders what it needs to do to make more money.![]()
Ubisoft's Board is Launching an Investigation Into The Company Struggles
It has been announced that Ubisoft's Executive Committee and Board of Directors will launch an investigation and review of the company.insider-gaming.com
Lol this is the most "why MBAs and consultants are cancers" development ever. Publisher makes mediocre games, then wonders what it needs to do to make more money.
Tencent Holdings Ltd. and Ubisoft Entertainment SA's founding Guillemot family are considering options including a potential buyout of the French video game developer after it lost more than half its market value this year, according to people familiar with the matter.
The Chinese tech company and Guillemot Brothers Ltd. have been speaking with advisers to help explore ways to stabilize Ubisoft and bolster its value, the people said, asked not to be identified discussing a private matter. One of the possibilities being discussed would involve teaming up to take the company private, according to the people.
Like I said a couple months ago. It's sad but the nature of the industry at this point. Although almost any new owner, even Tencent, would be an improvement over current Ubisoft, and that's coming from someone usually suspicious of M&A.
Sounds perfect for Tencent.
It will not be sadly. They'll cut QA, support, and other departments, including developers first. That's the nature of the modern video game industry, it's all about squeezing blood from the stone since making quality games is hard.Hope they fire the monetizationameofthrones.
True. Tencent has their own army of developers and game designers.It will not be sadly. They'll cut QA, support, and other departments, including developers first. That's the nature of the modern video game industry, it's all about squeezing blood from the stone since making quality games is hard.
Also, you're the monetization director.
They did master the gatcha shit.Youll see more monetization practices under Tencent.
Start of 2024 the CEO of Tencent came out publicly saying he was disappointed in all their subsidiary game studios for failing to keep games modern and having stagnated growth.
Ubisoft if acquired by Tencent will see layoffs. Other subsidiary game studios of Tencent will not help Ubisoft in Pc and console game development. However Ubisofts IP's will be offloaded to Tencents mobile game development subsidiaries for inevitable release.
343 is now Halo Studios