Embracer beats quarterly profit expectations ahead of Coffee Stain spin-off [Yahoo! Finance]
UBISOFT ENTMT UNSP/ADR (UBSFY)
NASDAQ:AMEX Investor Relations:
ubisoft.com/en-us/company/investor_center/index.aspx
Company Research
Source: Yahoo! Finance
expectations ?on Thursday, as its core games boosted player engagement ahead of ?its planned Coffee Stain spin-off. CONTEXT The Tomb Raider franchise owner is splitting into three listed companies ?after its acquisition spree was cut short by a combination of development delays, a post-pandemic demand slump, and a failed partnership deal. It spun off board game company Asmodee earlier this year and is planning to list its independent game studios ?under Coffee Stain Group on ?the Stockholm bourse by the end of 2025. WHY IT'S IMPORTANT Growth in the video game market has slowed down as consumers rein ?in spending where they can. This has led game studios to focus more on already successful intellectual properties (IPs) rather than developing wholly new titles. Video game groups are also ?rethinking their business models and the production process of their games. France'?s Ubisoft in July announced a plan to split into "creative houses" based on gaming genres. KEY QUOTE
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News
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- Ubisoft, Tencent agree 4 billion euro Vantage Studios tie-up [Yahoo! Finance]Yahoo! Finance
- Ubisoft Entertainment SA (UBSFY) Q2 2026 Earnings Call Transcript [Seeking Alpha]Seeking Alpha