seven year low these are words that
nobody wants to hear but Ubisoft is
forced to reckon with now Ubisoft is a
very large developer and publisher of
video games and well they’re not exactly
in any danger of folding or anything but
this doesn’t look good hi folks it’s
Falcon and today on game Rings we asked
the question what the hell is happening
with Ubisoft so Ubisoft shares recently
plummeted about 21 that’s a fifth of
their value now this didn’t just happen
randomly they basically said their
forecast that they would see a 10
increase in profit was incorrect and
instead they would likely see a 10
decrease in profit which as you know
people who buy and sell stock don’t like
that and in the midst of this giving the
reason of worsening macroeconomic
conditions Ubisoft actually canceled
three games now these weren’t games we
knew anything about they were
unannounced but they did say publicly we
had three games that we were going to
release and we’re not gonna now these
three cancellations bring the number of
canceled games in the last six months up
to seven most of these games are ones
that they haven’t announced and we don’t
know what they are so it’s it doesn’t
sting like a gamer too hard like
nobody’s really emotionally invested in
games that don’t exist in terms of
tangible evidence but we do know that
one of them was apparently a VR Splinter
Cell game and while it’s nice to hear
that is at least in consideration I
don’t know that I care a whole lot that
a VR Splinter Cell got canceled I would
like a full-blown regular Splinter Cell
game with next-gen graphics and updated
modern mechanics but I also don’t know
if Ubisoft is really in the position to
be adding stuff to their slate like that
things aren’t looking that great like
they basically said in their press
release sales are are surprisingly slow
they’ve gone into cost reduction mode
and are planning on cutting 200 million
dollars out of their budget and you know
this comes on top of other not good news
for them the Mario and rabid sequel
didn’t do very well like the original
Mario and Rabbids game was a really cool
tactical game that was simple and
approachable very well done really
something I enjoyed a lot and in truth
Sparks of Hope is actually a pretty
worthy sequel it takes the battle system
from the first game and adds a few new
layers in the Sparks a type of additive
mechanic that doesn’t complicate the
battle system but adds more to do which
I like it is one of you know a million
new Switch games that the reviews all
mention performance as a problem but
that’s not exclusive to Sparks of Hope
at all it’s just I don’t know it’s a
worthy sequel in a series that while
people like maybe just doesn’t have the
kind of hype that Ubisoft thinks it does
because the first one was kind of a
surprise hit I mean really the negatives
for Ubisoft keep going on they’re uh
core Tom Clancy writer Richard dansky
who’s been a vital part of all of their
Tom Clancy games for like 23 years he
left the company and well you know the
other thing that I’m gonna say because
it’s been the thing that we’ve been
saying for about a decade now Skull and
Bones got delayed again you know how
many times I’ve said Skull and Bones got
delayed again Skull and Bones has been
in development longer than I’ve been at
game ranks I think it’s the only high
profile game that is like that I don’t
think that there’s any AAA real game I
mean let’s not talk about Star Citizen
that’s not Ubisoft but skull and bones
is a very real project that they’ve
talked about a lot and hyped not
necessarily in a release cycle but said
hey hey we had a really good idea we’re
taking the ship stuff that you really
enjoyed from Assassin’s Creed IV
Assassin’s Creed 4. and we’re gonna make
that into its own game I still in 2023
think that’s a great idea also
considering they developed the damn
mechanics a very long time ago it
doesn’t seem like it should be that
difficult to make into a game but here
we are to be fair on Skull and Bones
they at least gave an update on it to
the official Twitter rather than just
announcing it via press release or to
stalk people on a call they’re talking
about incorporating feedback from tests
polishing and balancing along with more
upcoming public beta stuff but most
importantly the day that they put out
this update January 12th they said hey
tomorrow we’re gonna put out some
footage of the game a spokesperson
actually had the following to say while
skull and bones is now complete where
you using the remaining time until our
launch to leverage feedback from our
ongoing technical test and the upcoming
open Beta to polish and balance the
experience to me that says the game is
not complete but the fact that they are
quote unquote assembling a Strike Team
to make it as good as it possibly can be
I’m quite happy with so I don’t want to
just say it’s the worst Skull and Bones
update we’ve ever seen it’s actually in
terms of their delays probably not the
worst version of it but I mean the game
is getting delayed again again again
so what the hell is happening this is a
whole lot of negatives for a very big
developer that we all know very well and
has made a lot of very high profile
games that have made them lots of money
I mean Assassin’s Creed Valhalla smashed
records it was a huge game for them they
made so much money on it but alright so
here’s where we start to see why
ubisoft’s release slate has not been
dense lately they just haven’t been
pushing games out as frequently as they
did you know five six years ago so every
time there’s a miss it really feels like
a big mess now Far Cry 6 did well and it
was received quite well but there was
also Rainbow Six quarantine which do you
even remember that Rainbow Six
quarantine has been released in the last
12 months I mentioned the Mario Rabbids
game and how well it was received but
they really didn’t Market it you know
the first one was kind of a surprise hit
and maybe they were just thinking Ah
that’s gonna happen again we don’t have
to Market it it’s a big old brand now
but it it there was one Mario Rabbids
game if that were the case for a
franchise that had been going strong for
you know two three titles already maybe
but if they do make another one they’re
gonna have to actually Market it and
then there’s Skull and Bones They
delayed it again and obviously I have my
complaints about that it’s almost a joke
at this point but when we’re talking
about all of these problems we have to
start wondering how much money they’re
burning on Skull and Bones like you can
tie in some of the other problems to
that if they weren’t sinking probably
tens of millions if not hundreds of
millions of dollars into this game over
the course of a decade could they have
marketed Mario Rabbids yeah they could
have they’re a huge company like I said
that makes tons of money but they don’t
have infinite money especially if skull
and bones is you know a large chunk of
even a large amount of money they also
obviously sunk a bunch of money in to
the Battle Royale multiplayer free to
play stuff with no viable ongoing
franchise coming out of that there was
going to be a ghost recon spin-off
nobody’s particularly happy about that
so they just didn’t bother like they’ve
been burning money like the Joker and
for Ubisoft CEO Evie geemo it eventually
came to having to send out a message
I’ll quote it for you today more than
ever I need your full energy and
commitment to ensure we get a back on a
path to success I am also asking that
each of you be especially careful and
strategic with your spending and
initiatives to ensure we’re being as
efficient and lean as possible basically
stop earning money guys things are not
going well now that being said geemo has
said that the upcoming games for the
next fiscal year is quote unquote the
biggest pipeline in Ubisoft history so
he tries to include a bit of a positive
there but we also kind of have to
remember that this guy’s the head honcho
and a lot of the stuff that he’s maybe
saying hey guys stop earning the money I
probably went through him he probably
made a lot of those decisions so I don’t
know maybe he’s part of the problem in
truth the next year is definitely going
to be a big test Ubisoft has to deliver
and here’s the thing it’s definitely not
all bad and there are some pretty good
things on the horizon Ubisoft has a Star
Wars game they’re developing and
seemingly uh they’re going to have a
fully open seamless Universe like along
the lines of No Man’s sky or maybe
astroneer uh that if delivered upon is
immediately one of the coolest possible
things that anybody who even kind of
likes star Star Wars would want to play
now there are some concerns with
something that would technically be
probably the biggest damn Star Wars game
ever made that’s a a big chunk to bite
off and we’ll see if Ubisoft can chew it
but if that’s real if that’s what
they’re doing with their Star Wars game
wowie that’s gonna be good and they’ve
also done something very smart by
listening to fans about Assassin’s Creed
scaling down to give us Mirage so Mirage
is probably one of the more exciting
developments for the traditional
Assassin’s Creed fans out there it’s not
that I don’t want them to keep making
the open world formula Assassin’s Creed
games I kind of just want both types of
games and it kind of looks like that’s
what they’re doing they listen to the
fans and the fans are like hey we really
want a more traditional Assassin’s Creed
game too so Ubisoft is listened like
they have heard the demand for a more
intimate character-driven assassin Creed
that maybe doesn’t take a month to beat
and it looks like a really good game
frankly given that Assassin’s Creed kind
of grew out of Prince of Persia seeing
an Assassin’s Creed set in a middle
eastern setting I don’t know I I really
like seeing it so really what we have to
look out for with Ubisoft is do they
deliver on this stuff is Assassin’s
Creed Mirage as good as it could be is
the Star Wars game gonna be as good as
it could be is Skull and Bones gonna
come out and also is it gonna be as good
as it could be because if all of these
questions are answered with yes in all
seriousness Ubisoft has nothing to worry
about those would be three absolutely
huge big wins so let’s hope that’s the
case let’s hope they stop burning the
money and start releasing games that
cause us to say Shut Up And Take My
Money Right ultimately that’s really
what it’s about we would like to play
good games Ubisoft deliver on that and
you shall be doing just fine and that’s
all for today leave us a comment let us
know what you think if you like this
video click like if you’re not
subscribed and has a great time to do so
we upload brand new videos every day of
the week best way to see them first is
of course a subscription so click
subscribe don’t forget to enable all
notifications and as always we thank you
very much for watching this video I’m
Falcon you can follow me on Twitter at
Falcon the hero and we’ll see you next
time right here on gameranks
What The HELL IS Happening With Ubisoft?
seven year low these are words that
nobody wants to hear but Ubisoft is
forced to reckon with now Ubisoft is a
very large developer and publisher of
video games and well they’re not exactly
in any danger of folding or anything but
this doesn’t look good hi folks it’s
Falcon and today on game Rings we asked
the question what the hell is happening
with Ubisoft so Ubisoft shares recently
plummeted about 21 that’s a fifth of
their value now this didn’t just happen
randomly they basically said their
forecast that they would see a 10
increase in profit was incorrect and
instead they would likely see a 10
decrease in profit which as you know
people who buy and sell stock don’t like
that and in the midst of this giving the
reason of worsening macroeconomic
conditions Ubisoft actually canceled
three games now these weren’t games we
knew anything about they were
unannounced but they did say publicly we
had three games that we were going to
release and we’re not gonna now these
three cancellations bring the number of
canceled games in the last six months up
to seven most of these games are ones
that they haven’t announced and we don’t
know what they are so it’s it doesn’t
sting like a gamer too hard like
nobody’s really emotionally invested in
games that don’t exist in terms of
tangible evidence but we do know that
one of them was apparently a VR Splinter
Cell game and while it’s nice to hear
that is at least in consideration I
don’t know that I care a whole lot that
a VR Splinter Cell got canceled I would
like a full-blown regular Splinter Cell
game with next-gen graphics and updated
modern mechanics but I also don’t know
if Ubisoft is really in the position to
be adding stuff to their slate like that
things aren’t looking that great like
they basically said in their press
release sales are are surprisingly slow
they’ve gone into cost reduction mode
and are planning on cutting 200 million
dollars out of their budget and you know
this comes on top of other not good news
for them the Mario and rabid sequel
didn’t do very well like the original
Mario and Rabbids game was a really cool
tactical game that was simple and
approachable very well done really
something I enjoyed a lot and in truth
Sparks of Hope is actually a pretty
worthy sequel it takes the battle system
from the first game and adds a few new
layers in the Sparks a type of additive
mechanic that doesn’t complicate the
battle system but adds more to do which
I like it is one of you know a million
new Switch games that the reviews all
mention performance as a problem but
that’s not exclusive to Sparks of Hope
at all it’s just I don’t know it’s a
worthy sequel in a series that while
people like maybe just doesn’t have the
kind of hype that Ubisoft thinks it does
because the first one was kind of a
surprise hit I mean really the negatives
for Ubisoft keep going on they’re uh
core Tom Clancy writer Richard dansky
who’s been a vital part of all of their
Tom Clancy games for like 23 years he
left the company and well you know the
other thing that I’m gonna say because
it’s been the thing that we’ve been
saying for about a decade now Skull and
Bones got delayed again you know how
many times I’ve said Skull and Bones got
delayed again Skull and Bones has been
in development longer than I’ve been at
game ranks I think it’s the only high
profile game that is like that I don’t
think that there’s any AAA real game I
mean let’s not talk about Star Citizen
that’s not Ubisoft but skull and bones
is a very real project that they’ve
talked about a lot and hyped not
necessarily in a release cycle but said
hey hey we had a really good idea we’re
taking the ship stuff that you really
enjoyed from Assassin’s Creed IV
Assassin’s Creed 4. and we’re gonna make
that into its own game I still in 2023
think that’s a great idea also
considering they developed the damn
mechanics a very long time ago it
doesn’t seem like it should be that
difficult to make into a game but here
we are to be fair on Skull and Bones
they at least gave an update on it to
the official Twitter rather than just
announcing it via press release or to
stalk people on a call they’re talking
about incorporating feedback from tests
polishing and balancing along with more
upcoming public beta stuff but most
importantly the day that they put out
this update January 12th they said hey
tomorrow we’re gonna put out some
footage of the game a spokesperson
actually had the following to say while
skull and bones is now complete where
you using the remaining time until our
launch to leverage feedback from our
ongoing technical test and the upcoming
open Beta to polish and balance the
experience to me that says the game is
not complete but the fact that they are
quote unquote assembling a Strike Team
to make it as good as it possibly can be
I’m quite happy with so I don’t want to
just say it’s the worst Skull and Bones
update we’ve ever seen it’s actually in
terms of their delays probably not the
worst version of it but I mean the game
is getting delayed again again again
so what the hell is happening this is a
whole lot of negatives for a very big
developer that we all know very well and
has made a lot of very high profile
games that have made them lots of money
I mean Assassin’s Creed Valhalla smashed
records it was a huge game for them they
made so much money on it but alright so
here’s where we start to see why
ubisoft’s release slate has not been
dense lately they just haven’t been
pushing games out as frequently as they
did you know five six years ago so every
time there’s a miss it really feels like
a big mess now Far Cry 6 did well and it
was received quite well but there was
also Rainbow Six quarantine which do you
even remember that Rainbow Six
quarantine has been released in the last
12 months I mentioned the Mario Rabbids
game and how well it was received but
they really didn’t Market it you know
the first one was kind of a surprise hit
and maybe they were just thinking Ah
that’s gonna happen again we don’t have
to Market it it’s a big old brand now
but it it there was one Mario Rabbids
game if that were the case for a
franchise that had been going strong for
you know two three titles already maybe
but if they do make another one they’re
gonna have to actually Market it and
then there’s Skull and Bones They
delayed it again and obviously I have my
complaints about that it’s almost a joke
at this point but when we’re talking
about all of these problems we have to
start wondering how much money they’re
burning on Skull and Bones like you can
tie in some of the other problems to
that if they weren’t sinking probably
tens of millions if not hundreds of
millions of dollars into this game over
the course of a decade could they have
marketed Mario Rabbids yeah they could
have they’re a huge company like I said
that makes tons of money but they don’t
have infinite money especially if skull
and bones is you know a large chunk of
even a large amount of money they also
obviously sunk a bunch of money in to
the Battle Royale multiplayer free to
play stuff with no viable ongoing
franchise coming out of that there was
going to be a ghost recon spin-off
nobody’s particularly happy about that
so they just didn’t bother like they’ve
been burning money like the Joker and
for Ubisoft CEO Evie geemo it eventually
came to having to send out a message
I’ll quote it for you today more than
ever I need your full energy and
commitment to ensure we get a back on a
path to success I am also asking that
each of you be especially careful and
strategic with your spending and
initiatives to ensure we’re being as
efficient and lean as possible basically
stop earning money guys things are not
going well now that being said geemo has
said that the upcoming games for the
next fiscal year is quote unquote the
biggest pipeline in Ubisoft history so
he tries to include a bit of a positive
there but we also kind of have to
remember that this guy’s the head honcho
and a lot of the stuff that he’s maybe
saying hey guys stop earning the money I
probably went through him he probably
made a lot of those decisions so I don’t
know maybe he’s part of the problem in
truth the next year is definitely going
to be a big test Ubisoft has to deliver
and here’s the thing it’s definitely not
all bad and there are some pretty good
things on the horizon Ubisoft has a Star
Wars game they’re developing and
seemingly uh they’re going to have a
fully open seamless Universe like along
the lines of No Man’s sky or maybe
astroneer uh that if delivered upon is
immediately one of the coolest possible
things that anybody who even kind of
likes star Star Wars would want to play
now there are some concerns with
something that would technically be
probably the biggest damn Star Wars game
ever made that’s a a big chunk to bite
off and we’ll see if Ubisoft can chew it
but if that’s real if that’s what
they’re doing with their Star Wars game
wowie that’s gonna be good and they’ve
also done something very smart by
listening to fans about Assassin’s Creed
scaling down to give us Mirage so Mirage
is probably one of the more exciting
developments for the traditional
Assassin’s Creed fans out there it’s not
that I don’t want them to keep making
the open world formula Assassin’s Creed
games I kind of just want both types of
games and it kind of looks like that’s
what they’re doing they listen to the
fans and the fans are like hey we really
want a more traditional Assassin’s Creed
game too so Ubisoft is listened like
they have heard the demand for a more
intimate character-driven assassin Creed
that maybe doesn’t take a month to beat
and it looks like a really good game
frankly given that Assassin’s Creed kind
of grew out of Prince of Persia seeing
an Assassin’s Creed set in a middle
eastern setting I don’t know I I really
like seeing it so really what we have to
look out for with Ubisoft is do they
deliver on this stuff is Assassin’s
Creed Mirage as good as it could be is
the Star Wars game gonna be as good as
it could be is Skull and Bones gonna
come out and also is it gonna be as good
as it could be because if all of these
questions are answered with yes in all
seriousness Ubisoft has nothing to worry
about those would be three absolutely
huge big wins so let’s hope that’s the
case let’s hope they stop burning the
money and start releasing games that
cause us to say Shut Up And Take My
Money Right ultimately that’s really
what it’s about we would like to play
good games Ubisoft deliver on that and
you shall be doing just fine and that’s
all for today leave us a comment let us
know what you think if you like this
video click like if you’re not
subscribed and has a great time to do so
we upload brand new videos every day of
the week best way to see them first is
of course a subscription so click
subscribe don’t forget to enable all
notifications and as always we thank you
very much for watching this video I’m
Falcon you can follow me on Twitter at
Falcon the hero and we’ll see you next
time right here on gameranks
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