Is Ubisoft still a company?

Ubisoft Entertainment SA (/ˈjuːbisɒft/; French: [ybisɔft]; formerly Ubi Soft Entertainment SA) is a French video game publisher headquartered in Saint-Mandé with development studios across the world.

What is happening to Ubisoft?

Ubisoft's Project Q has now been reportedly cancelled. The PvP battle arena game was announced less than a year ago in April 2022. They've already delayed Skull and Bones six times now and the recent comments by CEO Yves Guillemot haven't helped.

Is Ubisoft in financial trouble?

Overall, Ubisoft projects about $537 million in losses for its current fiscal year, which concludes in March 2023.

Who owns Ubisoft now?

Chairman/CEO/Co-Founder, Ubisoft Entertainment.

Why was Ubisoft cancelled?

The French video game publisher cited poor performance of its Mario + Rabbids Sparks of Hope and Just Dance 2023 titles, as well as a challenging economic environment. Ubisoft said 2022 net bookings will likely fall 10% after an earlier forecast called for an increase of 10%.

What The HELL IS Happening With Ubisoft?

Why are so many people leaving Ubisoft?

Interviews with a dozen current and former Ubisoft developers cite a range of factors for the departures, including low pay, an abundance of competitive opportunities, frustration at the company's creative direction, and unease at Ubisoft's handling of a workplace misconduct scandal that flared in mid-2020.

Is Ubisoft moving back to Steam?

Ubisoft games is returning to Steam after a three-year absence, beginning with the upcoming release of Assassin's Creed Valhalla on the storefront.

How much debt does Ubisoft have?

Ubisoft is currently sitting on a pile of cash amounting to 1.30 billion euros or 1.5 billion dollars. However, the company's total debt is close to 2.06 billion euros or 2.39 billion dollars.

Did Ubisoft buy EA?

After acquiring a 19.9% stake in France-based Ubisoft in 2004, EA sold a remaining 14.8% stake in it in 2010. Each acquisition listed is for the entire company, unless otherwise noted.

Is Ubisoft a good company?

Out of 157 Ubisoft employee reviews, 76% were positive. The remaining 24% were constructive reviews with the goal of helping Ubisoft improve their work culture. The HR team, with 92% positive reviews, reports the best experience at Ubisoft compared to all other departments at the company.

How many people left Ubisoft?

Five of the top 25 credited people who worked on 2021's Far Cry 6 have already left Ubisoft and 12 of the top 50 people who worked on 2020's Assassin's Creed Valhalla have left as well. Ubisoft's Montreal and Toronto studios have also each seen at least 60 employees leave in the last six months.

What 3 games did Ubisoft cancel?

The underperformance of Just Dance 2023 and Mario + Rabbids Sparks of Hope was called out as a particular surprise, and a core reason for the company's planned future pivots. 'We are clearly disappointed by our recent performance.

Do you keep games from Ubisoft?

When your subscription ends or gets cancelled, the game will become unavailable. Your in-game purchases will remain linked to your account, and you will be able to access them again if you buy the game on the Ubisoft Store, or re-subscribe to Ubisoft+.

Why is Ubisoft underperforming?

Shares of Ubisoft Entertainment SA, the maker of the Assassin's Creed videogame series, plunged Thursday after the French company said its "Mario + Rabbids: Sparks of Hope" and "Just Dance 2023" games underperformed during the holiday season as people spend less time at home than during the pandemic and grapple with ...

Why is Ubisoft unavailable?

The "Service is unavailable" and "A Ubisoft Server is unavailable" error messages occur if you are trying to start an outdated version of Ubisoft Connect PC. These errors most commonly occur if you are installing an older Ubisoft game from a disc.

What 4 games did Ubisoft cancel?

Two of the cancelations were unannounced games

What is this? As reported by Axios' Stephen Totilo, Ubisoft told investors that it canceled the development of Splinter Cell VR, Ghost Recon Frontline, and two unannounced games. Splinter Cell VR might seem like a hazy memory at this point.

Does EA still exist?

Currently, EA develops and publishes games of established franchises, including Battlefield, Need for Speed, The Sims, Medal of Honor, Command & Conquer, Dead Space, Mass Effect, Dragon Age, Army of Two, Apex Legends, and Star Wars, as well as the EA Sports titles FIFA, Madden NFL, NBA Live, NHL, PGA and UFC.

Is EA trying to sell itself?

EA is said to still be pursuing a sale in the wake of major mergers and acquisitions. Electronic Arts is reportedly pursuing a sale or merger, and it's claimed that the video game publisher and developer has held talks with Disney, Apple, Amazon, and Comcast - NBC Universal over a possible deal.

Where is Ubisoft located in USA?

ABOUT UBISOFT SAN FRANCISCO

With 21,000 employees and more than 45 development studios and business offices around the world, Ubisoft is a truly international company. At Ubisoft San Francisco we serve as both a business office (Est. 1996) and development studio (Est.

Who owns most of Ubisoft?

Is Ubisoft bigger than Rockstar?

Rockstar Games's brand is ranked #27 in the list of Global Top 100 Brands, as rated by customers of Rockstar Games. Their current valuation is $20.75B. Ubisoft's brand is ranked #80 in the list of Global Top 100 Brands, as rated by customers of Ubisoft.

Who owns the majority of Ubisoft?

Currently, 80 percent of Ubisoft shares are publicly owned. 15 percent are owned by the Guillemots, who are the company's largest single shareholders. Tencent owns the remaining five.

What game did Ubisoft cancel?

Ubisoft's Game Cancelations in 2022

In addition, the studio also decided to drop Splinter Cell VR, a project that was first announced in September 2020. It is also known that two other unannounced games were canceled, with others in limbo and a long list of major titles that are still on their way out.

Why is Ubisoft avoiding Steam?

Ubisoft largely abandoned Steam in 2019 in favour of their own storefront, and exclusivity with the Epic Games Store that began with The Division 2. At that time, Ubisoft commented the deal with Epic was “a long-term positive”, with Epic taking less of a cut from game sales revenue than Valve.

Why did Ubisoft stop putting games on Steam?

"It was a business decision to not put new releases on Steam and focus on the Epic Store and Ubisoft Store," the spokesperson said. "Ubisoft fully supports Epic and their third-party distribution model, which is in the long-term, beneficial for publishers both large and indie and the video games industry.