Ubisoft decreased their revenue projections for 2019/2020, as revealed on the most recent earnings call. One of the reasons for it turned out to be the "very disappointing" sales of Ghost Recon Breakpoint during the first few weeks.
Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.
The stock mark is what makes Microsoft remarkable, They have convinced every institutional and retail investor to just keep piling money into them. Like many big tech giants they are just a big growing pyramid scheme. As long as people keep dropping money into ETF's that cover the market Microsoft will always be liquid. At the same time it is completely stifling innovation and competition. People need to start being more discreet in how they invest their money as it's killing the system.
Riiiiight because people will just flock back to them for one or two games per year.
15+ years of bad performance is what they call irreparable in business. It is time for them to sell off the assets and get out of entertainment.
These declines are on the back of extra revenue received from releasing games like Forza horizon 5 on PlayStation. So I’m being sarcastic here when I said they should go back to exclusives. Killing off a revenue stream from Ps5 sales will only make things worse
The charity event will be streamed live from Gamescom in August.
Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."
"First, it is harder to generate interest fora sequel to a Live multiplayer game, when prior iterations benefited from years of optimization. Consequently, we need to make sure there is more time between each iteration of Live game"
Maybe don't do live service games full stop.
Jeez, the rest of the report is depressing, they are so full of shit.
Keep puting your games exclusive on Epic Store and most people Will take a big dump on your games Ubisoft!Fans order rulez!
Dammit.... Used bad pun for Division 2.
Nonetheless, Ubisoft already closed shop on their creative side years ago.
Good.
I hope this sends a very clear message to Ubisoft and serves as a warning to other developers and publishers.
Gamers are tired of low effort, generic, cookie cutter clones crammed full of microtransactions.
It's already on sale here in the UK.