Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout
Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout
37 Comments
Nothing fuels investors more than the proposition of one of the most microtransaction hungry companies in the world buying a gaming company…
I just wonder if the French government will allow a sale to go through.
For reference, Tencent and the Guillemot family currently control over 25% of Ubisoft’s share capital.
Say goodbye to any semblance of historical accuracy or cultural respect in AC going forward.
ni hao, ubisoft! ni hao!
Stock market loves blood and “looking like things are happening”
If this happens, Ubisoft can say goodby to the last remaining shreds of goodwill the gaming community has. Tencent has caused the ruin of more beloved properties than just about anyone.
Wouldn’t that be “Rebound slightly” given that there’s been a 80% drop over the last year?
I’m sure this will reverse their downward trend in quality.
Yeah tencent buying Ubisoft would cement me never playing one of their games again
50cent: hold my beer
So you want less people to play these below average IPs? Tencent? C’mon. Ubisoft sucks. They haven’t been good in over a decade. The last meaningful game they put out was Blacklist. They suck. Let em die.
I mean Ubisoft has it’s issues…but I don’t want Tencent owning more and more either.
Keep it running up and someone will think about market manipulation.
I reckon this was always the endgame. Tencent bags themselves another big player in the business, a Western company at that.
It’s because some guy on r/WallstreetBets said “puts on Ubisoft”
It’s a guaranteed way to save a company.
So basically becoming part of Epic’s layoff plan
Oh… if they do that, the brand and most of it’s IPs are dead… well more dead than now
Winnie the pooh will only make things worse
That’s horrible.
Ubisoft alone would not have survived another 3-4 years. They have been so thirsty for a buyout.
UBISOFT final form
Im so mad I didnt buy any the other day.
“considering buyout” Fucking christ, rumors to pump stock prices. Should be insider trading.
>Along with delays to its premier title, Ubisoft is also grappling with a games industry-wide slump. The global games market is set to grow only 2.1% year-over-year in 2024, according to research firm Newzoo — no where near the surging growth levels witnessed during the 2020 and 2021 Covid-19 pandemic years.
So they tried to match their financial output to that one year that had a huge growth market and strong financial returns? Please tell me that wasn’t their plan? We had a PANDEMIC that locked down countries and said countries were paying their residents to keep money flowing through businesses.
>“More choice plus a cost-of-living squeezed wallet has meant consumers’ cash has been spread more thinly, leading to revenues and ROIs [return on investment] of those games often coming out below expectations,” Lockyer told CNBC via email.
Funny – let’s increase how much our content costs, wonder why we aren’t seeing as good ROI? It can’t be the fact that the content we’re putting out is not well foundationed, not innovative, or just plain copy and paste of the almost the exact same content that we released in games ten years ago at 10 – 50 dollars cheaper?
As a fan of Outlaws, I am getting so tired of the sheer disconnect these “CEOs” have. Wasn’t Guillemot the one who made a bad call and said that “gamers have high expectations”? Whether that’s a misquote or not, very few gamers have high expectations, they just want a solid product (which you don’t always put out). I got Outlaws cause I love Star Wars. I won’t get Shadows because I’m tired of getting burned on half baked ideas. Call me petty.
I don’t remember if this Lockyer guy is just a financial consultant or a member of the Ubisoft team, but either way – he definitely recognizes the issues to an extent.
With that said – please for the love of God don’t SELL OUT TO TENCENT 100%! That is the dumbest idea I’ve ever heard.
I’m so sick of Distribution companies eating up big name studios – especially because they’ve gone nowhere afterwards. Elder Scrolls VI is no guarantee closer, Starfield was a huge disappointment (to me at least), Dragon Age was a bumpy ride that lead to Anthem (thank god Veilguard might actually be a return to form), Diablo IV’s launch was so frustrating that my wife (the most casual of gamers) has never returned, and I feel like the list can go on.
I’m not super hard up on anything, like I said I enjoyed Outlaws. But I have been playing games for over 20 years, and it’s hard to ignore when things are certifiably getting shttier.
I love Old Ubisoft, I don’t hate their new games – but I do hope that however this sequence turns out, it’s in the interest of the developers and the art of games – no matter how unlikely that is.
At least it sounds like they’re not planning to sell to private equity.
This is the classic Simpsons meme, “the worst day of your life thus far”. Ubisoft was already a shitty company, if Tencent takes over the company, things will get even worse. And honestly, can’t care less, they can crash and burn, sell Prince of Persia, Rayman and Splinter Cell to someone else, good riddance
LMAO they thought they killed Ubisoft only to get even worse management possibly
This is why shareholders are bad.
So it’s a fake news designed to stop the bleeding?
The scaremongering over Tencent is pathetic. By all accounts, they prefer to act as a silent investor in foreign acquisitions and let studios just get on with things.
The scary thing isn’t Ubisoft getting taken over by Tencent. It’s the idea that Ubisoft stays under current management.
“Skyrocket” back to $3/share which is down from a month ago when they were $3.77 which is FAR down from their peak of $20.78 in January 2021.
Context.
Tencent is spreading like a cancer in the gaming industry.
Imo Ubisoft is already over the cliff producing tencent level recycled slop anyway so meh
Classic example of triple A studio losing its way
Wow. Ubisoft can get even fucking worse. How about that
I’ve gotten real comfortable not spending a dime on Ubisoft games.