'Assassin's Creed' no savior for struggling Ubisoft
- Ubisoft experienced a 20.5% decrease in total net bookings for the year concluding on March 31, 2025, leading to an 18% drop in its share price on Thursday.
- The decline followed financial struggles marked by development issues, underperformance of key titles, and disappointing shipments despite strong 'Assassin's Creed Shadows' sales.
- In late March, Ubisoft announced creating a new subsidiary for its top franchises, including 'Assassin's Creed', with Chinese company Tencent investing 1.16 billion euros for a 25% stake.
- Analyst Martin Szumski described the restructuring as "the least committal of the available options" and noted investors were "underwhelmed," keeping the stock under pressure.
- Ubisoft expects net bookings to remain stable in 2025-26 and aims to break even, while further restructuring and cost-cutting measures are planned to improve financial health.
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