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submitted 1 month ago by RegularJoe@lemmy.world to c/games@lemmy.world

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.

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[-] msokiovt@lemmy.today 11 points 1 month ago

They know. They're done, and that's that.

[-] tuckerm@feddit.online 5 points 1 month ago

Wait...you can just do that?

[-] neukenindekeuken@sh.itjust.works 3 points 1 month ago

You can do whatever you want there, as long as you are ok with the penalties.

[-] sp3ctr4l@lemmy.dbzer0.com 1 points 1 month ago* (last edited 1 month ago)

You... can...

But its... kind of a really bad move, from the perspective of anyone with money, involved in Ubisoft.

This is roughly the equivalent of an unannounced, sudden bank holiday, you know, right before everything over the FDIC insured 250k gets cleaned out.

[-] Evil_Shrubbery@thelemmy.club 5 points 1 month ago

The only possible explanation is that they didn't use enough AI.

[-] dbtng@eviltoast.org 3 points 1 month ago

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.

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[-] Lemminary@lemmy.world 3 points 1 month ago

I remember when Ubisoft was a logo I liked seeing on my gaming screen.

[-] PalmTreeIsBestTree@lemmy.world 2 points 1 month ago

That logo quit being worthwhile seeing 15 years ago.

[-] samus12345@sh.itjust.works 1 points 1 month ago

Now it just looks like a flushing toilet.

[-] Tigeroovy@lemmy.ca 1 points 1 month ago

Yeah, it was around the time when I was excited for the Assassin's Creed games.

[-] rafoix@lemmy.zip 3 points 1 month ago

There AAA games.

Then there’s one AAAA game.

Next must be the AAAAA game they’re working on. It’s an extraction shooter.

[-] Duamerthrax@lemmy.world 3 points 1 month ago

Ubisoft better get comfortable with not owning their own company.

[-] Credibly_Human@lemmy.world 1 points 1 month ago* (last edited 1 month ago)

You cheer this on, but what are the odds that saudi arabia buys them up?

How many things do you want owned by the worst country bar none for human rights? (yes I am aware the US is racing to catch up, but is nowhere near as bad per capita).

[-] omarfw@lemmy.world 1 points 1 month ago

Let's give Ubisoft to North Korea then

[-] Duamerthrax@lemmy.world 1 points 1 month ago

I'm not sure how much I should care. I haven't bought a Ubisoft game in decades anyway. They don't make anything I need, so it's not like it's an inconvenience to boycott.

[-] BarneyPiccolo@lemmy.today 1 points 1 month ago

Every now and then someone calls for a boycott, and I say that I've already been boycotting them all my life, and didn't even know it.

Alternatively, sometimes there are calls to boycott something, and it turns out I've been boycotting them for years over some old atrocity. For instance, United Airlines gets boycotted regularly, but I've been boycotting them for decades, for lots of other shitty behavior (destroying guitars, beating up doctors who refuse to give up their paid-for seat, etc.), as well as having the highest fares in the business.

[-] ivanafterall@lemmy.world 3 points 1 month ago

Uh-oh! Wait, you already said that.

Ruh-roh!

[-] TemplaerDude@sh.itjust.works 2 points 1 month ago

Ubisoft is a textbook example of what happens when you pin your companies revenue on a small handful of IPs and milk them to the absolute fucking limit. I like assassins creed, but I’ve played enough of them for the rest of my life. Make something new my dudes.

[-] Hawk@lemmy.dbzer0.com 2 points 1 month ago

They have so many great IPs that are just gathering dust or in development hell, yet they keep milking the same few games every year.

[-] ohlaph@lemmy.world 2 points 1 month ago

Man, they have had some really good IP over the years and somehow managed to ruin all of it.

[-] JcbAzPx@lemmy.world 1 points 1 month ago

That's what you get when you don't want to pay people for their work and try to keep teams together. The newbies aren't going to care about the rich history of the games they're banging out code for at 3 AM on a Saturday.

[-] MonkderVierte@lemmy.zip 1 points 1 month ago* (last edited 1 month ago)

The usual cycle. They get good, get big, get shit, get insolvent or bought up until there's no bigger fish anymore (in which case you have to live with shit until they get insolvent after a long time).

[-] arc99@lemmy.world 1 points 1 month ago

Most likely they fucked up their report and they're using the rules of the exchange to suspend trading until they fix the mistake. But Ubisoft has been running on fumes for some time now, shitting out the same 3 or 4 games over and over again so I doubt their financials are that great.

[-] lechekaflan@lemmy.world 1 points 1 month ago

For being too fat for their own good, tear the damn thing down.

[-] AwesomeLowlander@sh.itjust.works 1 points 1 month ago

What did they screw up recently?

[-] tomkatt@lemmy.world 1 points 1 month ago

This is what happens when you abandon Splinter Cell.

[-] BarneyPiccolo@lemmy.today 1 points 1 month ago

It's what happens when you operate your company with an accountant mentality. The focus is 100% on money, and 0% on creativity.

They always realize too late that customers won't just give you money, you have to offer them something decent in exchange, but accountants don't know how to do that, which is why you NEVER let accountant craft the business strategy for a company.

If they try to offer suggestions, you scream at them to get back to their hole and count the money like they're supposed to, and when their opinion is needed, it will be solicited, which will be NEVER.

[-] dual_sport_dork@lemmy.world 1 points 1 month ago

Or consistently fail to make Beyond Good and Evil 2 for several decades.

[-] NotMyOldRedditName@lemmy.world 1 points 1 month ago

I've never heard of this happening before? I'm sure it has, but first time for me.

[-] LuigiMaoFrance@lemmy.ml 1 points 1 month ago

Same. Companies can just halt trading of their stock?

[-] Hawk@lemmy.dbzer0.com 1 points 1 month ago

Yeah, it happens to prevent a mass sell-off because of speculation.

Even if the news is positive, postponing is enough to make people speculate, so it's a valid reason to halt trading.

Although I doubt it's gonna be positive news for shareholders.

[-] Kjell@lemmy.world 1 points 1 month ago

It happens sometimes. Usually it is when there are rumors that will have a significant impact on the stock. In that case the stock can be halted until the company gives a statement about it. I'm not sure if it is the company can halt it, I think they can request it and provide information why it should be halted and then it is up to the stock exchange to determine. And the stock exchange has its own rules for when to halt the trade.

I expect Ubisoft to update during the next week or perhaps already during the weekend and then the trading can continue.

[-] kosure@sh.itjust.works 1 points 1 month ago

Yikes bikes. Obviously the writing has been on the wall for a minute. But I didn't realize it would happen in one minute.

[-] pyre@lemmy.world 1 points 1 month ago

get fucked.

[-] ShinkanTrain@lemmy.ml 1 points 1 month ago

Saudi Arabia:

[-] CosmoNova@lemmy.world 0 points 1 month ago

I‘m looking forward to next year when AAA studios will continue to disappoint even harder while indie games flourish and gain market share. Maybe the AI bubble pops too. One can only hope.

[-] M137@lemmy.world 1 points 1 month ago

Don't forget AA, doing pretty good too.

[-] AllNewTypeFace@leminal.space 1 points 1 month ago

Then the AAA studios will use some of their Saudi cash to buy out the most prominent indie developers, only to slowly strangle their products

[-] Capricorn_Geriatric@lemmy.world 2 points 1 month ago

Isn't this how the gaming boom and bust cycle always worked?

Indie(ish) games boom, AAA studios buy them and make them bust.

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[-] nuko147@lemmy.world 0 points 1 month ago

They should use prices of $200, 250, and 300 instead of the $70, 110, and 130 AAA reskinned games. That would work. /s

They’ll sell games for 227, 375, and 510 UbiPoints^TM^. The UbiPoints^TM^ are only redeemable on their online shop, and are only purchasable in units of:

  • $10 for 50 UbiPoints^TM^
  • $50 for 275 UbiPoints^TM^. That’s 10% more UbiPoints^TM^ for free!)
  • $150 for 938 UbiPoints^TM^. That’s 25% more UbiPoints^TM^ for free! Our best deal ever!
[-] Bennyboybumberchums@lemmy.world 0 points 1 month ago

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.

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this post was submitted on 14 Nov 2025
43 points (100.0% liked)

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