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Ubisoft on the Brink

Oct 2nd, 2024 at 05:00

📉 Hey, OGCommunity! Time for some hot news:

Ubisoft on the Brink -- All-in on Assasins Creed: Shadows

What's happening:

  • According to insider Endymion, the development cost of the failed Skull & Bones is estimated at $650-850 million. The game was in development for 11 years, and its peak online player count was only 2,500;

  • Management is panicking over the poor release of Star Wars Outlaws, which has sold only 1 million copies. By comparison, Assassin's Creed Mirage sold over 5 million copies in its first few months;

  • The final blow to the company was the delay of Assassin's Creed Shadows, which caused Ubisoft's stock to drop by 20%, sending investors into a frenzy.

What's next:

  • Shareholders are pushing Ubisoft to sell to Tencent, which already owns 10% of the company;

  • Mass layoffs are expected at Ubisoft in the near future;

  • The company's stock is plummeting — it has already dropped to 2013 levels.

Additionally, insider Endymion reports that Assassin's Creed Shadows received only 7% of the pre-orders that Valhalla had during the same period.

Source: ENDYMIONtv YouTube

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