Ubisoft shares plunged around 20% on Thursday after the French video game maker said it would burn through more cash as it devotes extra time to developing some of its titles.

Project Renaissance, a voxel-based game with Minecraft influences, was canceled after four years of development. The ...

The French company Ubisoft is grappling with serious financial challenges. The company's net debt has increased to about £1.16 billion, and cash reserves have dwindled to approximately £774 million.

This disappointment was revealed in a recent financial update ... Assassin's Creed Shadows Delayed To 2025 Adding to Ubisoft’s challenges, Assassin's Creed Shadows — a major title in the ...

This news comes as Ubisoft faces increasing financial challenges in recent years. Massive Entertainment's Star Wars Outlaws received "softer" sales than the company expected, while upcoming action ...

essentially ignoring that the statute only requires the consent to be “distinct” from any document that imposes legal or financial obligations on the consumer. The Ubisoft Decision In Ubisoft ...

Ubisoft has revised its financial targets ... Guillemot also revealed that "in the light of recent challenges," the executive committee is launching a review aimed at "further improving our ...

In the light of recent challenges ... is provided in the most recent Ubisoft Registration Document filed on June 20, 2024 with the French Financial Markets Authority (l'Autorité des Marchés ...

It also said it expected to generate cash from next financial year. Barclays analysts said they had expected Ubisoft to generate 96 million euros ($107 million) of free cash flow this financial ...