Looks like this is it for Ubisoft. Go woke, get broke
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What’s hilarious is one of the Canadian teacher funds was heavily invested in Ubisoft. But honestly now might be a good time to buy considering either Tencent is going to take over entirely or ME investors are going to swoop in like with EA.
That's awesome. But yeah, they're for sure getting bought out. They have some of the best IP in gaming. Let's hope Tencent, or whoever, dewokes their upcoming releases. Best case scenario for gaming.
It’s sad when the best case scenario for Ubisoft are either totalitarian communists or Muslims taking over. I’d probably lean towards China/ tencent taking over simply because they won’t contract everything out to jeets who are just as awful as the lgbtq mafia with gaming.
Their IP's and studios will probably be sold off at auction like THQ had done back in 2013. Tencent might buy up the IP's but I doubt they want any of these studios, they can develop games in China for half the cost (or less) and they don't have to deal with unions or progressive fags.
The CEO of NetEase basically said last year that the success of Black Myth Wukong signaled to them that Chinese devs can make successful games at a much lower cost so they were no longer interested in investing in Western studios.
Play Chinese games and win Chinese prizes though, Wukong was like the exception but 99.9% of the games made in China are absolute low quality slop
The thing is China has some very good creative property on their own. They dont even need this slop.
Dunno. They still have like 40+ studios from what I can tell. That's A LOT of dead weight that investors would be weary about. And they already outsourced some of the IP to a new subsidiary which Tencent partially owns IIRC.
Guess it wasn't just BlackRock and banker f^&*ery after all.
Modern Ubisoft is pretty much exactly what I would expect a company with Canadian union teachers on the board to be.
And people wonder why pensions are going the way of the dodo bird.
I was thinking about buying some of their stock, but AAA games are done for and have been for a while.
No ones paying 80-100 bucks for a faggot tranny game. No one
They can do what they do with books.
Get woke librarians to buy all the woke books using public tax funds to stock the public library with woke books.
So some jew somewhere can start a government backed video game arcade for nigger migrants and buy up all the shitty woke games with public tax dollars and make you pay for it.
For example, maybe these stable coins that Trump uses to buy up the USA fiat treasuries is also buying equity in woke propaganda shit companies to demoralize the population.
"Get used to not owning games"
Get used to not owning a company, dipshit!
It's been a long time coming, sadly too long in some cases that the direct cause and effect may be lost on some.
at least they "owned the chuds"
If only there was some way they could have avoided this...
Well they're woke french retards who employed a ton of woke canadian retards so honestly there was no way they could have possibly avoided it.
yea.. and how many short options were purchased in that time?
it's a rigged game.
always be suspicious.
Woke shit aside, I think what really killed the company was how market tested it became. every game had to be like assassin's creed, and every assassin's Creed had to water down the core mechanics until it became a glorified "press X to cool" franchise. it got to the point where you could pick up any Ubisoft game and know exactly what to expect, both gameplay-wise and story-wise.
Invest in gold and silver instead.
Look at the chart for the USA dollar index. It's going down too. USA and its fiat currency is in decline
something I've never been able to wrap my head around with gold and silver: how do you liquidate it? unless you're at a flea market or bazaar, no merchant is going to accept gold or silver. all listings for gold and silver sell it at a premium and buy it at a discount. If the world collapses, people are going to trade food and ammunition before they trade gold and silver.
Gold and silver have been currency for thousands of years and are medium of exchange even when rations are scarce.
in a nation's decline, often it is the national currency that loses value and is of no liquidated value. Most national regimes end with hyper inflation meaning that your dollar has less buying power from the time you eat breakfast to the time it is lunch.
Even today we see a single silver coin gain $10 cash value sometimes in just one day. That's how fast the USA dollar is dying now. And it only gets exponential from here.
As far as converting gold and silver back to Dollars, it's actually quite easy. THere's reddit groups, facebook market place groups, coin clubs in every town, coin shows every week somewhere in America, coin shops. Also i keep business cards of anyone i deal coins with anywhere in my state. So i have a stack of cards of people i'd call if i wanted to sell off a bunch of coins.
The dollar is a shit coin
At least they ratioed Grummz on a single X post!
After they purchased the likes from a bot farm. Would have cost maybe $100 to do.
How's ubipass working out for ya? 😹
Their stock is cheaper than their usual DLC pricing. Just as big a waste of money, but this is far more entertaining.
Main issue with Ubisoft: it has some working games right now (rainbow six, assassin's creed latest turd still stole millions) and it has some talented programmers still. The issue is, it's burning cash like a dumpster fire. Fire 90% of DEI hires/agile scrum BS/managers, close some office, move somewhere cheaper, shut down garbage games, and start doing games out of passion. From software still pulled Sekiro, top 10 games of all times, even after dark souls 1-2-3 and bloodborne.
Ubisoft made a Prince of persia roguelike - and it was awesome. The talent is there. Needs a new CEO and complete overhaul.
French companies aren't allowed to just fire employees.
Yeah but im talking about ubisoft in quebec though
This is a fact that I watched first hand. All terminations after probation require government board hearings and approval. And they are typically entitled to massive severances too. They might have to just file bankruptcy in France and shut down studios. Even then, the gov might make them pull money from the surviving foreign corporations to pay out the employees' severances.