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Ubisoft Shareholder Accuses Company of Failing to Reveal 'Discussions' With Microsoft, EA, and Others Allegedly Interested in Acquiring IPs

Thick Thighs Save Lives

NeoGAF's Physical Games Advocate Extraordinaire
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A minority shareholder in Ubisoft is attempting to organize a protest outside the company's Paris headquarters, accusing it of failing to disclose alleged discussions with Microsoft, EA, and others publishers reportedly interested in acquiring its franchises.

In a statement seen by IGN, Juraj Krúpa, CEO of AJ Investments, claimed Ubisoft is "horribly mismanaged by current management," and wants a "clear roadmap for recovery" from the senior team to address "declining shareholder value, lackluster operational execution, and failure to adapt effectively to market trends."

Krúpa alleged that Ubisoft has not been transparent about its decision-making, accusing the firm of "hiding information," including an Assassin Creed Mirage DLC partnership with the Saudi investment firm Savvy Group.
The shareholder also pointed to a restricted article published by business investment platform MergerMarket that alleged "discussions between Microsoft, EA, and others that are interested in acquiring IPs from Ubisoft." "Management did not inform public about these steps either," Krúpa claimed.

Ubisoft issued the following statement to IGN:

"As we mentioned during our Q3 sales, the review of various transformational strategic and capitalistic options is ongoing. The Board has established an ad-hoc independent Committee to oversee this formal and competitive process, so as to extract the best value from Ubisoft’s assets and franchises for all stakeholders. Ubisoft will inform the market in accordance with applicable regulations if and once a transaction materialises.”
More at the link:
 

Thabass

Member
Is there anything that Ubisoft is doing that ISN'T pissing someone off? Gamers are mad at them for the subpar games, Japan is mad at them for desecrating their culture, and now their shareholders are mad because they're not maximizing profit and, apparently, not telling them about the future of the company. Ubi is superbly mismanaged and needs a full-on shake up.
 

RafterXL

Member
There was already rumors about the Guillemots trying to sell off IP and split Ubisoft into two companies, one of which they would still run, so that they would still retain control as well as keep certain IPs for themselves. The fact is, their piss poor running of this company is why it's failing, and their stubbornness to keep control, even knowing they are a sinking ship, is why they haven't already been purchased. Everyone knows the Guillemots are the problem, but every solution they offer still has them running things, which fixes nothing.
 

jshackles

Gentlemen, we can rebuild it. We have the capability to make the world's first enhanced store. Steam will be that store. Better than it was before.
What would be the point? I can't imagine that a Microsoft-developed Assassin's Creed would be any different than an Ubisoft-developed Assassin's Creed, both shit
 

pudel

Member
What would be the point? I can't imagine that a Microsoft-developed Assassin's Creed would be any different than an Ubisoft-developed Assassin's Creed, both shit
I am pretty sure investors have different goals in that matter...they dont care if we get good games out of that. They just want to see some return on invest before the Ubi ship is being a total loss for them. ;)
 

Kronark

Member
I will agree with him that Ubisoft is being mismanaged into the ground, but you will never get me to feel sorry for a shareholder.

Ubisoft has been mismanaged for the last 17 years or so (Since about 2008). He had plenty of time to pull his money out and there were even times when it peaked around 2018 where he could have gotten out. If he went in around 2018 or after then he was just a sucker who was gambling. The Assassin's Creed franchise was under fatigue at the time, abandoning the yearly release structure. Ubisoft had generally been creatively bankrupt for years at that point, cycling between Assassin's Creed, Far Cry, Just Dance, and Tom Clancy for survival.
 

Three

Member
Why is he asking for it to be disclosed?
Here's his reasoning:

Juraj Krúpa, CEO of AJ Investments, claimed Ubisoft is "horribly mismanaged by current management," and wants a "clear roadmap for recovery" from the senior team to address "declining shareholder value, lackluster operational execution, and failure to adapt effectively to market trends."



Probably going to accuse them of negligence.
 

Zacfoldor

Member
Because they didn't want to sell any IP and they wanted to be the ones to make that decision, would be my guess.

It's an opportunity. If someone came along and offered the business you worked for a huge opportunity and then you said to yourself, "better not tell the boss about this, it will cause me a lot more work" and the boss finds out you may be screwed.
 
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IDKFA

I am Become Bilbo Baggins
Nintendo should sweep in and take Rayman and Splinter Cell.

Imagine a Splinter Cell x Animal Crossing game :messenger_dizzy: The world has to have this!
 
MS honestly don't need any more IP. It's already rather gluttonous, but them buying AssCreed, Far Cry etc. would just be even more gluttonous. Also, this sort of IP acquisition won't do any favors for them getting Game Pass on other platforms like PlayStation & Nintendo...but maybe they're trying to acquire so much they feel they can just strong-arm others into getting the service or else they lose access to the games? As if that wouldn't draw up questions by regulators, considering MS having their own console was only a part of the reason they challenged ABK, not the sole reason (or even the biggest one).

Aside that...I know Nintendo is likely not interested but considering Ubisoft already did Rayman cross-over games with them, and Nintendo being the home of most big platformers, I think they could do the Rayman IP some real justice. If not them, then SIE could do some good stuff with it considering Team Asobi's proven themselves with Astro Bot. Prince of Persia is another IP I could see being a good fit with either, but particularly SIE in that one's case.

I don't know what other 3P pubs would be interested in buying Ubisoft IP, but apparently EA's one since they're one of the names floated. They can barely do much with their current IP, tho. I actually would be VERY interested in what Take-Two & Rockstar could do with AssCreed, or Far Cry either.
 

pudel

Member
I don't know what other 3P pubs would be interested in buying Ubisoft IP, but apparently EA's one since they're one of the names floated. They can barely do much with their current IP, tho. I actually would be VERY interested in what Take-Two & Rockstar could do with AssCreed, or Far Cry either.
Rockstar also doesnt manage to bring back some of their own great IP's like LA Noire ie.
 
Ubisoft should rather care about what's going with the french justice right now and just fuck*ing shut up!!!











Shut up Ubisoft!
 
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yogaflame

Gold Member
Can Sony be added to the mix? This is a decent company and has decent franchise like for example Beyod good and evil which they wasted. A good purchase for Sony.
 
Rockstar also doesnt manage to bring back some of their own great IP's like LA Noire ie.

Well, true. But R* have done better with the IP they've brought back than EA over the decade, I'd say. I mean just compare RDR2 to Dragon Age: Veilguard :/

Can Sony be added to the mix? This is a decent company and has decent franchise like for example Beyod good and evil which they wasted. A good purchase for Sony.

Even though I'm upset with how Sony basically kinda screwed up Bluepoint and Bend for this gen, at the end of the day they're the only platform holder who's both made M&As at a somewhat large scale this gen and shown they can give a huge glow-up to otherwise obscure IP. Astro Bot's going mainstream, Helldivers went from being niche AF to arguably the biggest game of 2024 (or at least tied with COD, and HD2's rise was much more impressive than COD mostly re-establishing status quo after BO3 embarrassment), etc.

Most of Ubisoft's IP either have diminished market presence or are effectively dormant. However, quite a few have a lot of nostalgia with gamers, like Rayman or Splinter Cell. I'd argue the places best suited to those IP are either among devs/pubs with proven expertise in those genres AND have shown they can significantly bolster the profile of niche IP or make hits out of relatively new IP. Platform holder-wise the only one aside SIE who's demonstrated this is Nintendo, and I think they would mainly just be interested in Rayman (if they were even interested in acquiring any Ubisoft IP, which I don't think they are).

So the only platform holder I could trust IP like Splinter Cell, Watch Dogs, Far Cry etc. with is SIE. Otherwise, it'd be a publisher like Take-Two, CDPR...well those are the leading picks in terms of non-platform holder publishers. Maybe some smaller outlet like Devolver depending the specific IP. I don't think any Japanese publishers would be interested in Ubisoft IP, nor many Korean or Chinese ones (maybe NCSoft?).

I know a popular answer some would say, heck Punished Miku Punished Miku just mentioned it, is Microsoft. But IMO they aren't a good fit for most any of the Ubisoft IP and it gets back to the core issue that, they haven't really shown they can grow any of the IP they've already acquired! Starfield was a muted flash in the pan; RedFall was a train wreck. Hellblade II was a MASSIVE step back for that IP. COD's only about the same as it's generally been, at best. Indiana Jones was "decent" but somewhat lukewarm in commercial performance. Jury's still out on Fable and Outer Worlds 2. I could go on and on.

They simply haven't demonstrated they have the capability to make a niche IP bigger & better both critically & commercially, haven't shown they can revitalize diminished IP either (jury's still out on Gears E-Day for example; same with DOOM Eternal in terms of market performance compared to the other games). Their corporate strategy with Game Pass is a major part of the problem IMO, and I think we saw how with COD sales of MW3 on Xbox vs. other platforms like PlayStation.

Then the usual rebuttal is "well it won't matter if they publish the games on PlayStation anyway!", but then I wonder do those people stop to ask if it's even healthy to have a massive company acting as publisher, just buying up so much of the valuable (both commercially and in terms of cultural cache with gamers) IP in the market. Like what's fundamentally the difference between that and just acquiring publishers, when the latter is mostly in service of getting the IPs anyway?
 
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