On January 9, Ubisoft, the renowned gaming publisher behind franchises like Assassin’s Creed held its second investor call in just four months, signaling major organizational changes ahead.
Ahead of the call, Ubisoft released a statement highlighting their intentions. The company revealed that it has engaged leading advisors to explore various “transformational strategic and capitalistic options” aimed at maximizing value for stakeholders. This process will be managed by the independent members of Ubisoft’s Board of Directors. The statement also assured that any material transaction will be disclosed in compliance with relevant regulations.
In a prepared address, Ubisoft’s long-serving CEO, Yves Guillemot, provided a brief comment, saying, “We are convinced that there are several potential paths to generate value from Ubisoft’s assets and franchises.” However, when pressed for further details during the call, both Guillemot and CFO Frederick Duguet remained tight-lipped, declining to elaborate on specific plans.
In October, Bloomberg noted that Ubisoft and its significant investor Tencent were exploring buyout possibilities. Additionally, Ubisoft’s cost-reduction strategy, announced last year, mentioned the potential divestment of “non-core assets,” which could be part of these deliberations.
The move came after the company’s minority shareholders warned the management following a more than 50% decline in the company’s shares and underperformance of several new releases such as Star Wars Outlaw, XDefiant, and Prince of Persia: The Lost Crown. These investors attributed the company’s downfall to poor decisions made by the Guillemot family and demanded management overhaul, including the CEO’s resignation and a potential buyout.
In another development, Ubisoft announced another delay for its upcoming title, Assassin’s Creed Shadows. The game’s release has been pushed back by a month and is now scheduled to launch on March 20, 2025.
Sources: Ubisoft official statement