The sale of Activision’s cloud gaming rights to Ubisoft substantially addresses previous concerns and opens the door to Microsoft’s acquisition of the games maker being cleared, according to the UK’s Competition and Markets Authority (CMA). While the CMA has identified limited residual concerns with the new deal, Microsoft has put forward remedies which the CMA […]
Investment bank Jefferies, which recently opened up detailed coverage of the video games industry, says that from interviews and discussions it has had with investors who generally remain “bullish” on the sector, but view the next 12 months for the sector as challenging. Jefferies says the sentiment overall was one of “let’s talk next year”, […]
Audible, a provider of spoken-word entertainment, today releases, Far Cry: Rise of the Revolution, starring Giancarlo Esposito alongside other returning cast from the original game. Preceding the events of Ubisoft’s hit game, Far Cry 6, this new Audible Original drama, directed by Adele Cutting (Assassin’s Creed Odyssey, Harry Potter and the Deathly Hallows: Part I) […]
Netflix and French video game company Ubisoft have revealed plans to create three exclsuive mobile games for Netflux subscribers. The three games will expand on the Valiant Hearts, Mighty Quest and Assassin’s Creed universes. A new Valiant Hearts game, sequel to Ubisoft’s multi-award-winning game Valiant Hearts: The Great War, is directed by the original core […]
Ubisoft Entertainment’s latest set of results revealed delays to some key game releases and a cut to the company’s future guidance. But investment bank Berenberg maintained its ‘Hold’ advice to investors in its July 22nd Flash Note. The company has a number of well-known games in its portfolio, such as Assassins Creed. Ubisoft says an […]
Video games giant Ubisoft has reported another disappointing set of numbers in its quarterly results – which resulted in the company reducing its formal guidance. A report on Ubisoft from investment bank Berenberg says that the company’s its Q4/22 trading and net bookings (at €664 million) were 6 per cent short of consensus which translated […]
At the BAFTA Games Awards on April 7th, Returnal won Audio Achievement, Best Game and Music, and Performer in a Leading Role for Jane Perry, winning her first BAFTA. Two games won two BAFTAs each: It Takes Two won Multiplayer and Original Property, and Ratchet & Clank: Rift Apart won Animation and Technical Achievement. Kimberly […]
Bloomberg, in what investment bank Exane/BNPP describes as an “informal survey”, has suggested that Eutelsat and ITV are “most likely takeover” candidates. The bank suggests that ITV has been in the Bloomberg poll fairly frequently over the past ten years. Other companies named as possible takeover targets include KPN, Telecom Italia, Invit, Nokia, ProSiebenSat. 1 […]
Media analysts from investment bank Berenberg, ahead of a major Video Gaming Conference they are hosting in November, say that the video game market has pulled back sharply in recent weeks, with the average share in their coverage down 13 per cent in the last month and c20 per cent in the year-to-date. The bank […]
Ubisoft, like most video games providers, is having a prosperous pandemic. Last week, it released its H1 numbers with revenue from sales up 8.5 per cent, and net bookings up 14.2 per cent. Ubisoft has an impressive portfolio of game franchines including the Rayman, Assassin’s Creed and Far Cry franchises, and Tom Clancy games. However, […]