'Assassin's Creed' no savior for struggling Ubisoft
- Ubisoft reported a net loss of 159 million euros for its 2024-25 financial year despite the strong sales of Assassin's Creed Shadows released on March 20, 2025.
- The loss followed a 17.5% decline in revenues to 1.9 billion euros and disappointing performances from other titles amid intense industry competition and mixed portfolio dynamics.
- Ubisoft announced creating a new subsidiary valued over four billion euros to manage its three top franchises—Assassin's Creed, Far Cry, and Rainbow Six—with around 3,000 employees assigned to it.
- Tencent invested 1.16 billion euros for a 25% stake in the new unit, but investors remained underwhelmed as Ubisoft's stock dropped over 12% since January, hitting a decade low in April.
- Ubisoft plans ongoing restructuring, aiming to cut fixed costs by at least 100 million euros more over two years while CEO Yves Guillemot insists he will retain control amid speculation Tencent might seek full ownership if investments fail.
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Total News Sources30
Leaning Left2Leaning Right3Center5Last UpdatedBias Distribution50% Center
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C 50%
R 30%
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