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Decline meh Ubisoft (Ubi fuckery general thread)

JC'sBarber

Educated
Joined
Sep 14, 2024
Messages
143
Companies like this always start to trim the fat to make a buyout more appealing, and if the Tencent rumors are true then this is clearly working towards that goal. It will only intensify if Assassin's Creed does poorly, which it likely will.
 

ghardy

Educated
Joined
Jun 18, 2024
Messages
352
Leaked Yves Guillemot Letter To Ubisoft Employees Paints A Concerning Picture Of The Company Today
Ubisoft-Yves-Guillemot.png

[Emphasis added]

Yves Guillemot wrote a letter to Ubisoft employees shortly after the company announced XDefiant’s shutdown, as well as layoffs in Osaka, Sydney, and San Francisco, because of this shutdown. Insider Gaming has leaked the letter, and it paints a stunning picture of where the conglomerate is behind the scenes.

We won’t share the whole letter here, as you can just read it on Insider Gaming’s site. But we want to focus on some specific excerpts and provide our commentary on them.

Guillemot starts off by addressing the shutdown itself, calling it “among the difficult decisions I’ve had to make.” He then addresses the people he’s just laid off, saying:

“To everyone leaving Ubisoft, I want to express my deepest gratitude for the work you have accomplished and the contributions you have made. We will do everything possible to provide you with the best support during this transition phase.”

Guillemot then candidly shared his assessment of the industry at large:

“The entire industry is facing similar difficult decisions, yet often the scale of the impact is much larger. Our organization has allowed us to limit the impact of these kinds of decisions and make more targeted restructurings, and all our efforts are focused on trying to maintain this course and philosophy. We will continue working on evolving our organization to adapt it to market changes, and with a long-term perspective in mind.”

...

Guillemot then brings up an interesting internal initiative, called the Ubisoft XP 2024 survey. This sounds like it was just the company’s annual employee survey, and it would be mundane if the company wasn’t under such a crisis. Guillemot revealed that they got an 86 % response rate this year, with over 55,000 comments.

If you’ve never been in a full employment position where you regularly had surveys like this, you should realize that these employee surveys, and similar activities like townhall meetings, get high response and participation rates when the company and/or its management is in trouble.

Guillemot thanked Ubisoft for this feedback, saying:

“I would like to sincerely thank you for your commitment, the quality of your feedback, and your collective intelligence. It’s very impressive. We are compelled to take your critiques to heart, live up to your expectations, and be accountable to you and your needs.

Guillemot ends his letter with a sentiment that is sobering, and frankly, devastating:

“I want you to know that all my energy is focused on finding the means to guide Ubisoft through these turbulent times. I am working tirelessly with my team to identify the best solutions so we can maintain control of our destiny.

This company – the incredible gem we’ve built together over the past 38 years – means everything to me. It’s a part of who I am, it’s in my core.

We will reiterate here that the allegations that the Guillemots and Ubisoft’s management have been facing in the past few years are serious, and we do not think this statement changes that. But the tenor and candor that Guillemot shares with his employees implies something that many of us have been speculating on for months now.

The Guillemots really could be losing control of their company, and they fear that Ubisoft itself, a 36 year old game company with over 18,000 employees around the world, could itself go away.

And whatever fumbles Ubisoft has made in the production of their games, and whatever their management needs to be held accountable for, we need to recognize that this is not where we want all of this to end. This is about the years of games that fans have created memories with. And it’s also about all those hardworking developers trying to create new memories for new and returning players.

So if you’re one of those fans who played and loved an Ubisoft game in the last 40 years, you need to take a few minutes to think about this right now. XDefiant was a terrible decision that led to thousands losing their jobs, and it might not be enough to save Ubisoft. With circumstances as uncertain as this, we can only hope that Ubisoft can find their way back to becoming what we knew them to be.
 

The Decline

Arcane
Joined
Aug 24, 2009
Messages
8,162
Location
Everywhere
I didn't realize this until my mom told me, but my brother (the one I don't talk to because he's an insufferable asshole) was working for them doing cybersecurity and was laid off recently. Apparently he gets paid until Feb 3rd, but he's been locked out of everything.
 
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ghardy

Educated
Joined
Jun 18, 2024
Messages
352
Ubisoft responds to possible Tencent buyout that hinges on one condition
102042_655151_ubisoft-in-talks-with-tencent-for-possible-buyout-one-big-caveat.avif

[Emphasis added]

A new report from Reuters has claimed Ubisoft Entertainment SA is currently engaging in close discussions with Tencent on organizing a possible buyout of Ubisoft, the development studio behind popular video game franchise Assassin's Creed.

102042_561156_ubisoft-in-talks-with-tencent-for-possible-buyout-one-big-caveat.avif


Reuters cites two people familiar with the matter who spoke to the publication on the condition of anonymity, and according to these sources, Ubisoft is attempting to initiate a buyout but keep the majority of control in the hands of the Guillemot family, currently the largest and founding shareholder. According to Reuters, the Guillemot family has been in talks with Tencent about the buyout, which currently owns a 10% stake in Ubisoft.

Reuters reports Tencent has yet to decide on if it will greenlight the buyout, as Tencent reportedly wants a greater say in future decisions made by Ubisoft's board, along with a cash flow distribution in return for financing the deal. The publication notes that discussions between Ubisoft and Tencent are ongoing as both parties want to prevent Ubisoft from suffering from a hostile takeover by outside investors. One of the sources told Reuters that Tencent's plan is to wait for the Guillemot family to agree to the terms of its current deal.

"We remain committed to making decisions in the best interests of all of our stakeholders" a spokesman for Ubisoft said. "In this context, as we have already indicated, the Company is also reviewing all its strategic options."
 

toro

Arcane
Vatnik
Joined
Apr 14, 2009
Messages
14,919
Ubisoft responds to possible Tencent buyout that hinges on one condition
102042_655151_ubisoft-in-talks-with-tencent-for-possible-buyout-one-big-caveat.avif

[Emphasis added]

A new report from Reuters has claimed Ubisoft Entertainment SA is currently engaging in close discussions with Tencent on organizing a possible buyout of Ubisoft, the development studio behind popular video game franchise Assassin's Creed.

102042_561156_ubisoft-in-talks-with-tencent-for-possible-buyout-one-big-caveat.avif


Reuters cites two people familiar with the matter who spoke to the publication on the condition of anonymity, and according to these sources, Ubisoft is attempting to initiate a buyout but keep the majority of control in the hands of the Guillemot family, currently the largest and founding shareholder. According to Reuters, the Guillemot family has been in talks with Tencent about the buyout, which currently owns a 10% stake in Ubisoft.

Reuters reports Tencent has yet to decide on if it will greenlight the buyout, as Tencent reportedly wants a greater say in future decisions made by Ubisoft's board, along with a cash flow distribution in return for financing the deal. The publication notes that discussions between Ubisoft and Tencent are ongoing as both parties want to prevent Ubisoft from suffering from a hostile takeover by outside investors. One of the sources told Reuters that Tencent's plan is to wait for the Guillemot family to agree to the terms of its current deal.

"We remain committed to making decisions in the best interests of all of our stakeholders" a spokesman for Ubisoft said. "In this context, as we have already indicated, the Company is also reviewing all its strategic options."
Guillemot family is retarded.
 

GhostInTheHell

Literate
Joined
May 26, 2024
Messages
46
Ubisoft responds to possible Tencent buyout that hinges on one condition
102042_655151_ubisoft-in-talks-with-tencent-for-possible-buyout-one-big-caveat.avif

[Emphasis added]

A new report from Reuters has claimed Ubisoft Entertainment SA is currently engaging in close discussions with Tencent on organizing a possible buyout of Ubisoft, the development studio behind popular video game franchise Assassin's Creed.

102042_561156_ubisoft-in-talks-with-tencent-for-possible-buyout-one-big-caveat.avif


Reuters cites two people familiar with the matter who spoke to the publication on the condition of anonymity, and according to these sources, Ubisoft is attempting to initiate a buyout but keep the majority of control in the hands of the Guillemot family, currently the largest and founding shareholder. According to Reuters, the Guillemot family has been in talks with Tencent about the buyout, which currently owns a 10% stake in Ubisoft.

Reuters reports Tencent has yet to decide on if it will greenlight the buyout, as Tencent reportedly wants a greater say in future decisions made by Ubisoft's board, along with a cash flow distribution in return for financing the deal. The publication notes that discussions between Ubisoft and Tencent are ongoing as both parties want to prevent Ubisoft from suffering from a hostile takeover by outside investors. One of the sources told Reuters that Tencent's plan is to wait for the Guillemot family to agree to the terms of its us in control, we've
 

GhostInTheHell

Literate
Joined
May 26, 2024
Messages
46
"Keep me and my family in control, so we can keep running it, into the ground"

Funny how those three women they appointed to the board in mid 2023 https://www.globenewswire.com/news-...w-highly-qualified-independent-directors.html didn't manage to avert this catastrophic value destruction at all. Maybe because none of these girlbosses had any background in video games at all (except one who worked at a company that did in-game advertising until 2006...).
 

Ravielsk

Magister
Joined
Feb 20, 2021
Messages
1,773

Honestly? That could be the best ending. Going private and not being able to fall back on old cash cows might force them to actually produce games the market wants instead of what "investors" dictate.

Probably wishful thinking but hey weirder things have happened.
 

flyingjohn

Arcane
Joined
May 14, 2012
Messages
3,224
Going private and not being able to fall back on old cash cows
Their primary cash cows are government aided funds because they employ a million studios across the globe.Without that money they wouldn't be able to make a indie game let alone a aaa title.
 

Hobknobling

Learned
Joined
Nov 16, 2021
Messages
475
"Keep me and my family in control, so we can keep running it, into the ground"

Funny how those three women they appointed to the board in mid 2023 https://www.globenewswire.com/news-...w-highly-qualified-independent-directors.html didn't manage to avert this catastrophic value destruction at all. Maybe because none of these girlbosses had any background in video games at all (except one who worked at a company that did in-game advertising until 2006...).
One of them has experience in going bankrupt:

In 2016, she founded Vivoom, a platform designed to help brands co-create mobile content with customers.
Mobile Ad Platform Vivoom Shuts Its Doors Due To The COVID-19 Economy - (Thursday, August 13th, 2020)
Just imagine how incompetent you have to be to do that when the government is printing money and everyone is stuck inside staring at screens. She also seems to sit in boards of many North American esports companies which are notorious for being extremely poorly managed.
 

Fargus

Arcane
Joined
Apr 2, 2012
Messages
4,080
Location
Mosqueow
Love this thread. Always lightens up my mood. Any news on Ubisoft is like comedy these days.

Their suits are so deranged that everyone except the worst slop eaters are already laughing at this company. You'd think it was easier to just scale back to mid-early 2010s and make some dude bro games like Splincer Cell Conviction or FC3... But no. Gotta retard till the last breath. Kiss your ass goodbye, Jewbysoft :salute:
 

deuxhero

Arcane
Joined
Jul 30, 2007
Messages
12,035
Location
Flowery Land

What does Ubisoft have that actually has value beyond re-releases? Like what would people actually be interested in buying a new release for? Ubisoft's IPs have either all been run into the ground by Ubisoft, last seen a decade+ ago, and/or so generic in execution anyone can just make their own spiritual successor to the genre instead of buying the IP.

AssCreed has been run into the ground, with the name more famed for the completely unplayable disasters and total disrespect for history at this point than anything else. The story had become so convoluted (and was never good in the first place) I don't think anyone cares about seeing it through anymore.
Tom Clancy is literally dead so you can't really do anything new with his name.
Watch Dogs had a mediocre at best first game and awful sequels. Second outright engages in storytelling failures any proofreading should see (character commits far more serious crimes like outright murder to prove he's innocent of relatively minor crime. The villain's plot is to steal a congressional election seems to have forgotten the game is set in very real location with El Presedente margins for the incumbent instead of a fictional city you can get away with telling that kind of story.)
Might and Magic is a has been and blobbers don't need an established name. Dark Messiah has more "currency" than M&M proper and that's more for mechanics you don't need the name for. Heroes of has value... in a market that's going to be under embargo for the forseeable future.
I'm not even sure Rayman has that much value even in re-releases at this point. It was just a few OK platformers and then devoured by Rabbids.
Beyond Good and Evil is more known for its cliffhanger and development hell attempts at a sequel than the game itself. The trademark on a Friedrich Nietzsche title in relation to video games and merch gives it more value than the potential continuation of the franchise.
Driver? Doesn't really have any unique mechanics or story that make it more than a GTA clone series (read: why not just make your own GTA Clone IP?). Likewise, I think its got more value in the trademark and using that trademark to protect other IPs than the actual continuation of the IP itself.
The Crew? Uber generic and more known for being unplayable due to network BS than itself. Again, more value in the physical trademark itself than the actual IP.
Prince of Persia is, to my knowledge, actually owned by Jordan Mechner, not Ubisoft.

Far Cry has a distinct enough formula some other developer/publisher could squeeze a game or two out of. Just pick an interesting setting, make the guns non-retarded, and don't ruin it with some garbage nobody asked for (Who thought normal human enemies with high resistance to all but a single ammo type was a good idea?) or retarded writing.
Just Dance? That one would actually get an equally souless content mill to pay a hundred+ million continue.
 

Elttharion

Learned
Joined
Jan 10, 2023
Messages
3,107
Ass Creed, Anno and Far Cry are probably the only 'big' franchises/IPs that they fully own. The rest are either dead, they dont own the source material or they have to pay royalties to other people (like for Just Dance).

I imagine most publishers would want Ass Creed as it is still huge. Far Cry would be less popular but there would still be a market for it. Paradox would kill for the Anno IP.
 

Inec0rn

Educated
Joined
Sep 10, 2024
Messages
219
Anno XXXX is the only modern Ubisoft I've played or have any interest in and I think that series and formula has peaked. They are a good studio though, they make good games, don't cater to casuals, look good and arnt buggy as shit on release.
 

NecroLord

Dumbfuck!
Dumbfuck
Joined
Sep 6, 2022
Messages
15,507
Love this thread. Always lightens up my mood. Any news on Ubisoft is like comedy these days.

Their suits are so deranged that everyone except the worst slop eaters are already laughing at this company. You'd think it was easier to just scale back to mid-early 2010s and make some dude bro games like Splincer Cell Conviction or FC3... But no. Gotta retard till the last breath. Kiss your ass goodbye, Jewbysoft :salute:
Did they try to remaster those old games?
 

Fargus

Arcane
Joined
Apr 2, 2012
Messages
4,080
Location
Mosqueow
Love this thread. Always lightens up my mood. Any news on Ubisoft is like comedy these days.

Their suits are so deranged that everyone except the worst slop eaters are already laughing at this company. You'd think it was easier to just scale back to mid-early 2010s and make some dude bro games like Splincer Cell Conviction or FC3... But no. Gotta retard till the last breath. Kiss your ass goodbye, Jewbysoft :salute:
Did they try to remaster those old games?

At this point only the most retarded don't remaster their old successful titles. But we are talking about Ubisoft.

They tried to remake Sands of Time. Thankfully it went about as expected so they made a nigger platformer that killed the studio behind it.

But it's for the best. Their "remasters" will be full of pozz anyway and probably downgraded in some way.
 

JC'sBarber

Educated
Joined
Sep 14, 2024
Messages
143
Best case scenario is they return to doing smaller scale AA games like in the early 2000s, but I expect they will never produce anything of value again and declare bankruptcy before the decade's done.
 

Odoryuk

Educated
Joined
Mar 26, 2024
Messages
651
They relied so much on additional payments from the players, like they were making mobile slop, but with AAA budgets (while mobile games are produced as cheap as possible), no wonder they're financially in jeopardy
 
Joined
Oct 20, 2024
Messages
82
They relied so much on additional payments from the players, like they were making mobile slop, but with AAA budgets (while mobile games are produced as cheap as possible), no wonder they're financially in jeopardy
Their only 2 successful forever games are Rainbow 6 Siege and For Honor both games desperately could use sequels in my personal opinion. I wonder who would even grab those IPs I like a game getting supported for a long time but at this point support it for a couple years and make a new one already.
 

Gerrard

Arcane
Joined
Nov 5, 2007
Messages
12,952
AssCreed has been run into the ground, with the name more famed for the completely unplayable disasters and total disrespect for history at this point than anything else.
Yeah dude, it's not like the last AC games were the most financially successful ones.

Tom Clancy is literally dead so you can't really do anything new with his name.
They've been making games with his name for years after he died, fuck knows what good that did though.

They relied so much on additional payments from the players, like they were making mobile slop, but with AAA budgets (while mobile games are produced as cheap as possible), no wonder they're financially in jeopardy
I feel like it was both the AAA trash, but also the smaller "Who the fuck would even play this?" projects of their individual studios (which is what Skull & Bones started as) that they keep financing for some reason, I guess hoping for a homerun.
 
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Blutwurstritter

Scholar
Joined
Sep 18, 2021
Messages
1,095
Location
Germany
Perhaps someone else can finally take care of HoMM. Also wouldn't mind another single-player only Splinter Cell game.
 

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