Big games are getting bigger — and so are the stakes [Verge, The]
UBISOFT ENTMT UNSP/ADR (UBSFY)
NASDAQ:AMEX Investor Relations:
ubisoft.com/en-us/company/investor_center/index.aspx
Company Research
Source: Verge, The
games it's famous for along with live service titles, and it has canceled six in-development games, including Prince of Persia: The Sands of Time Remake . It's all part of a recent trend of the industry's biggest publishers, including companies like EA and Sony, making fewer but bigger games to avoid risk. Under its new structure, Ubisoft games will be developed by five “Creative Houses” focused on specific genres and franchises. The previously announced Vantage Studios , for example, will develop Ubisoft's biggest franchises to “turn them into annual billionaire brands,” including Assassin's Creed Far Cry , and Rainbow Six . Other Ubisoft studios are focused on competitive shooters, live service games, fantasy and narrative-driven “universes,” and casual games. “What we're seeing is a classic risk-aversion strategy” Ubisoft's press release lists a lot of familiar series that will live under these studios, including The Division Ghost Recon Splinter Cell Just Dance , and Prince
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News
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- After game cancellations and layoffs, Ubisoft laments "important truths" and increases subscription prices for a 17-year-old franchise [Yahoo! Finance]Yahoo! Finance