Looks like this is it for Ubisoft. Go woke, get broke
(media.scored.co)
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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.