The French video-game publisher told investors Thursday that it has brought on advisors to help it weigh “transformational” alternatives, bolstering reports that it has been seeking a buyer. The company also delayed its Assassin’s Creed Shadows game for the second time and downgraded its sales projections as Star Wars Outlaws disappointed over the holidays. (The Logic)
Talking point: Ubisoft shares have shed almost half their value in the past year after a string of disappointing game releases, ramping up pressure on the Quebec City studio leading development on Assassin’s Creed Shadows to deliver a much-needed hit. The company was in talks with Chinese internet giant Tencent about a possible buyout last October, Bloomberg reported. Ubisoft runs seven offices across Canada employing thousands of developers.