After game cancellations and layoffs, Ubisoft laments "important truths" and increases subscription prices for a 17-year-old franchise [Yahoo! Finance]
UBISOFT ENTMT UNSP/ADR (UBSFY)
NASDAQ:AMEX Investor Relations:
ubisoft.com/en-us/company/investor_center/index.aspx
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Source: Yahoo! Finance
Ubisoft recently informed GamesRadar+ of its proposal for a voluntary layoff program , only a week after the developer canceled six games and pledged itself, again, to what it describes as "player-facing Generative AI." That's a week that feels like a lifetime, but Ubisoft would like to knock over one more thing on its way out the door. So it's just increased subscription prices for Just Dance+. What, you don't think adding a few extra dollars to the Just Dance+ subscription service – a three-year-old model for a 17-year-old franchise that even fans know is in decline – will save Ubisoft from its other decisions? Decisions like purportedly reactionary studio closures , or reportedly delaying what might be a lucrative, unannounced Assassin's Creed: Black Flag remake? Ubisoft gets it. But in a PR statement, the studio suggests you should consider "some important truths." "Every song available in the service relies on licensing agreements that evolve over time, and these conditions
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