Amidst Ubisfot’s ongoing self-immolation, CEO Yves Guillemot has promised players that “despite recent setbacks”, the Assassin Creed Shadows developer is supposedly ‘full steam ahead’ on undertaking a creative overhaul.
Yasuke (TBA) draws his rifle in Assassin’s Creed Shadows (2024), Ubisoft
The embattled Ubisoft founder offered this update as part of their First Half FY 2025 Earnings Report, as unveiled by the company’s leadership on October 30th.
After highlighting the company’s success in the first half of the year, which in his view included an increase in Rainbow Six Siege playtime and the total profits for The Division, Ghost Recon, and Just Dance franchises had respectively surpassed $1 Billion in revenue, Guillemot took a moment to offer a personal statement regarding Ubisoft’s overall future.
Kay Vess (Humberly González) is a little short for a Stormtrooper in Star Wars Outlaws (2024), Ubisoft
“Despite recent setbacks, we are continuing to deeply transform Ubisoft in order to restore the level of creativity and innovation that built Ubisoft’s success while delivering stronger execution and predictability,” began the CEO. “Even if our first-half performance fell short of our initial expectations, the double-digit growth of our back catalog excluding partnerships reaffirms the quality, uniqueness and value embedded in our brand portfolio and the strength of our Live services. This highlights our potential to deliver more recurring revenue, sustainable growth, and long-term value for our stakeholders.”
“To succeed, we must redouble our focus on execution and reinforce a player-centric mindset in everything we do,” he continued. “For example, we are improving the quality of Star Wars Outlaws, including actively addressing player feedback through title updates as we get ready for the Steam launch, the first story pack, and the upcoming holiday season. We are also taking the additional time to ensure that the upcoming very ambitious opus in our flagship franchise, Assassin’s Creed Shadows, is a highly polished, exceptional experience on day one and that it resonates strongly with players.”
Naoe (TBA) prepares to strike in Assassin’s Creed Shadows (2024), Ubisoft
Continuing, Guillemot further asserted, “Over the past semester, we also further advanced our cost reduction plan thanks to strict control on recruitments, targeted restructurings and lower external spend. This is the fruit of a group-wide effort, and I would like to thank the teams as we are transforming the Company into a more efficient and agile organization. Over the first semester, we have already achieved more than €200m savings versus two years ago on an annualized basis. There still remains work to be done to support robust cash-flow generation in the future.”
Finally bringing his thoughts to a close, Guillemot ultimately declared, “We remain committed to making decisions in the best interests of all of our stakeholders. In this context, as we have already indicated, the Company is also reviewing all its strategic options.”
Sargon (Tommy Sim’aan) shows off his swordsmanship in Prince of Persia: The Lost Crown (2024), Ubisoft
Notably, this communiqué from Guillemot comes just a little over a month after Ubisoft lowered their Q2 FY2024-25 financial targets, at which time the CEO uttered his first promise regarding a ‘restoration’ of his company’s reputation.
“In the light of recent challenges, we acknowledge the need for greater efficiency while delighting player,” he told investors. “As a result, beyond the first important short-term actions undertaken, the Executive Committee, under the supervision of the Board of Directors, is launching a review aimed at further improving our execution, notably in this player-centric approach, and accelerating our strategic path towards a higher performing model to the benefit of our stakeholders and shareholders.”
Further, he also took a moment to “address some of the polarized comments around Ubisoft lately”, in turn asserting in the company’s defense, “I want to reaffirm that we are an entertainment-first company, creating games for the broadest possible audience, and our goal is not to push any specific agenda. We remain committed to creating games for fans and players that everyone can enjoy.”
Rayman (David Menkin) begs the Eden Board of Directors for leniency in Captain Laserhawk: A Blood Dragon Remix Season 1 Episode 3 (2023), Netflix
Ubisoft’s next Triple-A title, Assassin’s Creed Shadows, is currently on track to begin its journey across Feudal Japan when the game hits shelves on its new release date of February 14th, 2025.
News
Outer Banks fans convinced Rudy Pankow and Madison Bailey used stunt doubles in ‘bizarre’ scene amid feud rumors
Outer Banks fans suspect that stunt doubles were used to film a bizarre scene amid rumors of a cast feud. The hit Netflix show just finished its fourth season, and the speculation began with a scene involving co-stars Rudy Pankow, 26, and Madison Bailey,…
Outer Banks fans slam Netflix show after beloved main character killed off in ‘horrible’ exit
Outer Banks fans have been left devastated after JJ Maybank was tragically killed off in season 4 part two. The beloved character, played by Rudy Pankow, died in Kiara’s arms in heartbreaking scenes in the finale of the newly released episodes. JJ…
Does Pope Go to Jail In Outer Banks Season 4? His Run from the Law Explained
Jonathan Daviss’ Outer Banks character got into trouble in Season 4. Pope gets into legal troubles in Outer Banks Season 4, putting him on the verge of serious jail time. Jonathan Daviss’ Pope Heyward has been a part of the hit Netflix…
Outer Banks Cast Drama: Rudy Pankow & Madison Bailey’s Alleged Beef Explained
Rumors hinted Outer Banks stars Rudy Pankow and Madison Bailey might not be on good terms with each other. Allegedly, Outer Banks stars Rudy Pankow and Madison Bailey’s relationship has deteriorated thanks to a potential beef between them. The second part of Outer…
Sweet Baby Inc. Infected ‘Alan Wake 2’ Has Still Not Recouped Its Development And Marketing Costs
Remedy Entertainment, the developer who hired Sweet Baby Inc. to work on Alan Wake 2, admitted that the game has still not recouped its development costs nearly a year after launch. A screenshot from Alan Wake 2 (2023), Remedy In…
Rocksteady And Warner Bros. Rumored To Remake ‘Batman: Arkham Asylum’ After ‘Suicide Squad: Kill The Justice League’s’ Financial Disaster
Warner Bros. Games and Rocksteady are rumored to be working on a remake of Batman: Arkham Asylum following the financial and creative disaster of Suicide Squad: Kill The Justice League. Harley Quinn about to execute Batman in Suicide Squad: Kill the Justice League…
End of content
No more pages to load