When did EA sell Ubisoft?

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.

Who is Ubisoft owned by?

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. Historically, Ubisoft has resisted attempts to wrestle control of the company away from its founders.

What happened to EA in 2008?

By 2008, EA had started altering its practices, in part due to the appointment of a new CEO, John Riccitiello. Riccitiello acknowledged in 2008 that the company's prior practices towards acquisition was wrong and that the company now gave acquired studios greater autonomy without "meddling" in their corporate culture.

What companies EA own?

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.

What The HELL IS Happening With Ubisoft?

Why is Ubisoft having a downfall?

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%.

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.

What studios did EA shut down?

What franchise makes EA the most money?

Is EA selling 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.

Why is EA still in business?

The Secret To EA's Success

The simple secret to EA's success is in the figures. The EA Sports franchise has over 90 million active players, The Sims has 80 million and Battlefield 54 million. Those are huge figures and it's this loyal player base who help EA continue to grow.

How many game studios has EA shut down?

EA has shut down 14 studios overall, and not all of them were acquired externally. In this list, we will only be mentioning a few of those that were indeed bought before being shut down, with one honourable mention that was created and killed by the publisher itself.

Why does EA shut down studios?

EA is chiefly interested in their intellectual property. Having published it for some years and paid royalties to the developer, they buy the developer so they no longer have to pay royalties. When the value of the intellectual property begins to decline, they close the studio.

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 in debt?

UbiSoft Entertainment debt/equity for the three months ending September 30, 2022 was 0.82. Ubisoft Entertainment operates in parts of Europe, Canada and the United States and its primary activities are the production, publishing and distribution of interactive entertainment products.

What is the highest selling game of all time?

The best-selling video game to date is Minecraft, a sandbox game released by Mojang in May 2009 for a wide range of PC, mobile and console platforms, selling more than 238 million copies across all platforms. Grand Theft Auto V and EA's Tetris are the only other known video games to have sold over 100 million copies.

What is the most successful franchise ever?

The highest-grossing movie franchise of all time is the Marvel Cinematic Universe. The top two highest-grossing franchises, the Marvel Cinematic Universe and Star Wars, are both owned by Disney.

What license did EA lose?

We examine what will happen to EA Sports after losing the FIFA license and what we can expect from its next work, EA Sports FC, its spiritual successor. FIFA 23 will mark the definitive end of the collaboration between the organization headed by Gianni Infantino and EA Sports.

Why is EA moving to Steam?

The most likely answer is that EA is trying to smooth out its transition into a service. Enabling people to buy Battlefield or Madden on Steam may remind people of the value that is in Origin Access Premier. That may encourage people to subscribe to that instead.

Does EA own Harry Potter?

Electronic Arts owned the rights to the Harry Potter films until the release of the two-part Deathly Hallows. After that, the license reverted to Warner Bros., the same way it did with The Lord of the Rings. One of the planned projects, however, never came into existence.

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.

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.