Virtual Legality

Virtual Legality is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

Assassin's Creed Delayed...Again | Analyzing Ubisoft's Movement from the Shadows

Jan 10, 2025 • 25 mins

In this episode, Richard Hoeg dives into the recent delay of Assassin's Creed Shadows and the broader financial challenges faced by Ubisoft. He discusses Ubisoft's official announcements, strategic updates, restructuring efforts, and cost reduction measures. Hoeg explores the legal implications surrounding potential sales of Ubisoft, along with the financial impact of game cancellations. He provides an analysis of Ubisoft's recent game performance and shares insights from Bloomberg regarding Ubisoft shares and Tencent's interest. The episode also covers organizational changes within Ubisoft, before concluding with a sponsor message, disclaimer, and closing remarks. *** SUPPORT THE SHOW UTREON/PLAYEUR - https://playeur.com/c/aT-zMZf4XVIxwix2pAVNjE/videos/virtual-legality PATREON - https://www.patreon.com/VirtualLegality STORE - https://virtuallegalityshop.myshopify.com/

Key Points

Ubisoft's repeated delays of Assassin's Creed Shadows are likely influenced by their precarious financial situation and ongoing strategic reviews, including potential sales to major investors like Tencent.
The company's recent announcements indicate significant cost-cutting measures and a highly selective investment approach to enhance operational efficiency and maximize shareholder value.
Ubisoft's strategic decisions and potential sale discussions are closely monitored to ensure compliance with disclosure regulations, aiming to avoid legal pitfalls and maintain investor trust.

LINKS

DELAY ANNOUNCEMENTS https://x.com/assassinscreed/status/1838971189722562906 https://x.com/AlmightyJCaesar/status/1877406586890568139

STRATEGIC CHANGES https://staticctf.ubisoft.com/8aefmxkxpxwl/1wUjJWUQSIVMlZbKQ2707e/c0b1cd1c71ab30838e51d5e24764577f/Press_release_09_01_2025_vfinal.pdf

ARTICLES https://www.bloomberg.com/news/articles/2024-10-04/tencent-guillemot-family-are-said-to-consider-buyout-of-ubisoft?srnd=undefined https://www.videogameschronicle.com/features/opinion/the-crisis-at-ubisoft-has-deepened-and-the-end-result-is-inevitable/

LAST STAND MEDIA https://www.patreon.com/LastStandMedia

THE BITCAST https://www.youtube.com/@seasonedgaming

NOTHING YET TO DISCLOSE https://www.ign.com/articles/ubisoft-investors-grill-ceo-cfo-on-potential-tencent-sale-delays-and-financial-woes https://www.gamespot.com/articles/ubisoft-refuses-to-comment-on-tencent-rumors-but-says-its-exploring-options-to-maximize-value/1100-6528718/ https://www.sec.gov/about/offices/oia/oia_corpfin/princdisclos.pdf

TENCENT https://www.cnn.com/2025/01/07/tech/tencent-catl-us-list-china-military-companies-intl-hnk/index.html

Speakers

Richard Hoeg

Host • 100%

Chapters

0:00	Introduction to the episode and Assassin's Creed Shadows delays
1:52	Ubisoft's official announcements and financial challenges
5:37	Ubisoft's strategic updates, restructuring, and cost reductions
11:57	Legal implications of Ubisoft's potential sales
14:18	Game cancellations, geography, and financial impact
17:09	Ubisoft's recent game performance analysis
19:13	Bloomberg's insights on Ubisoft shares and Tencent's interest
23:27	Organizational changes at Ubisoft
24:21	Sponsor: PlayYour and Patreon support
24:54	Disclaimer and closing remarks

Transcript

Loading transcript...

- / -