Just minutes before it was set to deliver its financial results for the first half of its 2025-26 fiscal year, Ubisoft mashed the brakes on the whole thing, postponing the release of its results to an unspecified future date. The company also requested that European exchange Euronext halt trading of the company’s shares and bonds from November 14 until the publication of its results.
The only possible explanation is that they didn’t use enough AI.
Ubisoft better get comfortable with not owning their own company.
For being too fat for their own good, tear the damn thing down.
Too late to short it I guess
I’ve never heard of this happening before? I’m sure it has, but first time for me.
Oh it has, but the implications become clear when you look at the ones that did. Like evergrand…
I remember when Ubisoft was a logo I liked seeing on my gaming screen.
That logo quit being worthwhile seeing 15 years ago.
Yeah, it was around the time when I was excited for the Assassin’s Creed games.
Now it just looks like a flushing toilet.
I can never unsee that now.
I hear below the equator the logo spins in reverse
(Side note: this isn’t actually true - toilets swirl in a particular direction based on the design of the bowl and water jets, not whether or not they’re below the equator)
Maybe the dog ate their homework?
Either way, he recommended that everyone “freak the fuck out for the next few days and speculate as much as possible until they announce something,”
Advice after my own heart. Freaking out and speculating are always the best move.
The only games in my Steam library that I can’t play are Ubisoft.
Fuk Ubi. Forever. I would be happy if they went under.The Nestle of video games.
The only Ubi game I play is Just Dance Now. Sadly I can’t think of a non-Ubi alternative to that gameplay :/
The rabbit hole goes deep on this one.
I found it surreally hard to find new dance game - until I discovered that much of the player community had (I guess?) moved to an open source game engine called StepMania.
I play StepMania happily enough, now. It is nice how many different songs I can now add with community contributed step configurations.
The Sands of Time series and Beyond Good and Evil are incredible, and they’re on gog. I’m thinking of getting them, but I have no desire whatsoever for anything that Ubisoft, EA or Activision makes.
Just emulate them.
But how do the shareholders feel?
Like they just licked a French doods ashtray.
All you had to do was make good and fun games. How do you fuck THAT up??? Especially when you were already doing it.
And not to mention…
“Hey guys, what can we make that people really want?”
“I hear people all the time over the last decade asking for a new Splinter Cell game.”
“Yeah, ok, Brad. We’ll call that plan B… Every year with this asshole. Does anyone have any REAL ideas???”
Because fuck gamers, right, Ubi? Expedition 33 showed the world what current games makers can do when pricks in suits arent around to muddy the waters. The quicker UBI folds, and all that talent leaves to make something that they actually want to make the better.
To be fair, they are too big.
They just have too many employees and costs. The way they’re organized, they’re stuck with gigantic budget, milquetoast, broad appeal games just to attempt sales they need to break even, with all the inefficiency that comes at that team size… unless they fire a ton of people and split up the rest.
My observation over the past decade is that “medium size” is the game dev sweet spot. Think Coffee Stain, Obsidian, and so on.
They are also hellbent on infecting everything they touch with Denuvo malware. I haven’t bought anything of theirs in years for that reason alone.
I have a lifetime boycott of all things Ubisoft for this very reason. I bought game after game after game from the late 90’s until early 2000’s. 100% of them were legal purchases and with the CD in the drive… "please insert CD " error
Then I became the lead developer for gameloft.com and saw how completely incompetent the French leadership of the company is. Absolute morons to the highest levels.
Never another penny shall be conveyed to Ubi from my holdings.
edit: You wanna know what I’m talking about? Ok. They import the director from France. He does not speak English, he does not speak Quebecois, which is very different than Parisian French. He has no knowledge of the games industry whatsoever, but is a cherished family friend. He cannot communicate with anybody in written or verbal ways. He shows up for work at 10am and takes 2 hour coffee with other “leadership” and then lunch. Then he comes back from a 2 hour lunch, and him and come C-Level turnip laugh at his Billy Bass for 30 minutes. I am not making any of this up. This man installs a friend he met into the position of Executive Producer. The man’s previous experience was managing an Esso gas station. No embellishment. So I’m the Sr dev and I’m the fucking acting director, account manager, game designer, executive producer, producer, technical producer, project manager, director of production, developer, creative director, QA lead, every god damned thing just to get some corny-ass games produced.
edit2: Laughing at a Billy Bass. A Billy. Bass. Singing. Fish. Laughing at it uproariously.
All you had to do was make good and fun games. How do you fuck THAT up???
By treating their paying customers like worthless trash/criminals/scum/pirates/etc. Which is what Ubisoft has spent the past 10 years doing.
Saudi Arabia:
e-sports washing
They should use prices of $200, 250, and 300 instead of the $70, 110, and 130 AAA reskinned games. That would work. /s
I like the way you think.
Charge the morons as much as they’re willing to pay!
I don’t think video game companies should have gotten this big and/or complex……
I’m noticing it happens with all companies.
They start out small and can’t afford to pay businesspeople to figure out how to fuck over their customers as hard as possible.
Then, after the company is successful thanks to the hard work of the workers, the business-school people start applying in droves to make sure every company operates like gas stations across the street from each other.
It results in companies making decisions like having higher budgets for advertising than what they spend on actually making a product, because the data says it will make them more money and stupid customers keep reinforcing it.
Nothing will meaningfully improve until our culture stops valuing people based on their wealth. I have no hope for that to happen in my lifetime.
Professional (as in they earn money, not skill level) Xers fuck everything up. (here, X is an arbitrary verb or a brand name)
My anecdotes: Youtube was good before professional youtubers became a thing (systemic problem, people are not the issue but the environment which breeds them), now it’s attention economy and or one topic discussed for 50 minutes (a video explaining the same topic with the same intensity from 10 years ago is 2 minutes long)
Gamers were problematic but harmless, professional gamers caused betting pandemic (sponsored content).
Streamers were funny, professional streamers are sexy/deadly-sells-to-children.
I liked it when people were sharing stuff online because they were bored, and not because they were hungry.
The last line you said is top notch and sums it up well.
A lot of very confused people here who think an earnings delay means ubi havent made much money. Cant say if they have or not, but if they havent thats still not a reason for this kind of delay
It’s not that, it’s the trade halt that points to something major (and bad for them) happening.
They haven’t been doing too well recently. The trade halt is because they’re afraid that everybody would read the halting of the report as admission they’re barely afloat and start dumping shares, killing the company.
Right, If the truth is theyre barely afloat theyre not going to change anything by delaying the report. The time its reporting has passed.
If the truth is theyre barely afloat theyre not going to change anything by delaying the report.
Sure. Long term.
But I can’t help but wonder how much a motivated executive could embezzle using some additional time…
Which is what leads me to believe that they caught an error in the report and needed to re-print it. Halting it now wouldn’t change anything financially.
