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Old 03-09-10, 10:49 AM   #1
Sacrilege
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Join Date: Mar 2010
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Default Ubisoft posts "New Plan" for SH and other series

So I shorted the hell out of Ubisoft shares yesterday after I realized what was going on with the servers (worked well, made a nice round $624 this morning after I covered) but I came across something interesting (read: downright infuriating) in their shareholder report that I thought I would share with the community:

Note: read the italic bold part

Source: third quarter investor report: http://www.ubisoftgroup.com/gallery_.../1042/2184.pdf

Quote:
Update on the strategic plan rollout

High-end games strategy

In line with the announcement January 13 announcement, Ubisoft continues to refocus its high-end games strategy by concentrating on more regular releases for its major franchises. These refocusing measures also comprise a reduction in new creations investments, which will enable Ubisoft to rebalance its existing resources on a constant headcount basis. This strategy will provide heightened visibility and profitability with a lower level of risk, thereby accelerating the generation of cash flow.
Seems their new goal is to pump out more games, faster, with less development and investment in the games themselves. As an investor, that makes great sense.....too bad I think you guys know, as a gamer, how I feel about this.

I've been a loyal SH fan for almost a decade now,and I've never seen a reason to get worked up enough to post on forums before this. It's downright sad to see a favorite series move in such a manner; let's hope something changes in Ubisoft before SH VI, VII, VIII. I have faith in them to do the right thing; they have done well by me with this series, in my opinion. I've just never seen good things from a game company that endorses "more names with less development".

Time will tell.

Last edited by Sacrilege; 03-09-10 at 11:01 AM.
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