Ubisoft, Assassin's Creed
Digest more
Ubisoft shares nosedive 40 percent
Digest more
The announcement of a reorganization, the cancellation of game developments and the closure of studios marks the end – at least for now – of a series of difficulties that have thrown the company into turmoil.
Beyond Good & Evil 2 lives on as part of a new development "house" focussed on "immersive fantasy worlds and narrative-driven universes," Ubisoft have assured.
The company's announcement of studio closures and game cancellations as it reorganizes set UBSFY stock in a tailspin on Thursday.
Ubisoft shares plunge after profit warnings, studio closures, and game cancellations raise concerns over the company’s long-term recovery.
Ubisoft stock prices take a massive hit, reflecting uneasy sentiment in response to recent announced changes and broader industry trends.
Ubisoft has confirmed Beyond Good and Evil 2 remains a priority for the studio and "fits with [its] strategy of focusing on Open World Adventures".
Ubisoft just announced a massive internal restructuring that involves gutting the company of a few studios and cancelling six games, including a Prince of Persia remake. The news caused Ubisoft's stock price to fall to a historic low,
”Beyond Good & Evil 2 remains a priority for us in the context of our strategy centered around Open World Adventures,” an unnamed Ubisoft spokesperson told Kotaku and Insider Gaming. The original Beyond Good & Evil is a fantastic game I can enjoy even now, over 20 years on from its 2003 release.