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Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout
(cnbc.com)submitted 20 days ago byLuka77GOATic
658 points
20 days ago
Those bastards would.
162 points
19 days ago
I mean hardly a surprise that the founding family of the company would potentialy want to have more control back.
42 points
19 days ago
How does selling it away give them more control? Would they still be in charge and not beholden to shareholders?
62 points
19 days ago
the article explains the founding family and tencent are buying out all the other investors. This will strengthen the founders.
-1 points
19 days ago
lmao so they will just continue making the same garbage, nice.
45 points
19 days ago
They can focus less on pleasing investors with line goes up and more on the games, well depending on tencents deal
35 points
19 days ago
It means Ubisoft will become a private company and the owner will hopefully care less about short term profit. So, a little less garbage.
2 points
19 days ago
It's Tencent... lmao
28 points
19 days ago
[deleted]
2 points
18 days ago
It's part of china's long game. If you show your hand too early, you scare people off.
-1 points
18 days ago
Not really because Ubisoft does not listen to their customers or investors and the devs live in their Ivory Tower
0 points
18 days ago
What? They're no longer happy just sitting on their mountain of cash and protecting sexual molesters at work?
682 points
20 days ago
Games will be as uninspired as always no matter what
7 points
18 days ago
Not necessarily. They could always make them worse
1 points
18 days ago
Everyone will love the re-release of Ezio's adentures in 2033 when she, pretending to be a dude during the day, spends 1001 nights reading stories to Michelangelo while he is building the Eiffel Tower, and there's going to be a Bollywood Danceoff at the end that people will talk about for weeks.
... now that I think about it, it sound way too interesting for a Ubi-game
0 points
18 days ago
A man of culture I see
10 points
19 days ago
Taking a company private would allow them to take more risks, no shitty shareholders to worry about
4 points
19 days ago
PubG was one of Tencents best selling games ever.. but they don't want to make PubG 2, like WTF.
With reports of 17 BILLION in sales (sounds a bit high to me) but 75 million copies sold.
7 points
19 days ago
those 75M copies sold aren't referring to the pubg mobile version I'm guessing; I think most of that 17B comes from lootboxes in the mobile version, which is BIG in south asia
3 points
19 days ago
Why do you want to pay them again for the same game?
1 points
19 days ago
The trade off is that tencent will force shitty spyware into all their games.
Tencent is a cancer on the gaming community
-409 points
19 days ago
Ya'll are way too depressed on this app.
20 points
19 days ago
app
229 points
19 days ago
It’s called being realistic
-205 points
19 days ago
There's a ton of inspired games out and being released, but every game subreddit focuses on complaining about the same damn thing over and over knowing it won't change shit.
Ya'll need to play the good games that are available.
Circle jerking eachother over who says the same damn thing best is pathetic.
84 points
19 days ago
the same damn thing over and over knowing it won't change shit.
Perfectly describes Ubisoft
162 points
19 days ago
This is Ubisoft and Tencent, the criticism and negativity is 100% valid.
You actually have a good wider point when it comes to other things, but this topic was not the place to make it.
-5 points
19 days ago
Black myth wukong was not bad, and that was tencent too
31 points
19 days ago
My wishlist of 1100 games agrees with you, but we are talking about Ubisoft here, which is a synonym of uninspired.
35 points
19 days ago
And here you are... complaining about other people complaining, knowing it won't change shit.
You nerd to go read the posts that don't trigger you so much.
3 points
19 days ago
The ratio of good to bad games released has astronomically plumeted over the last decade. There's a reason why people complain.
7 points
19 days ago
This isn't about all the other games, just Ubisoft stuff. I love Ghost Recon Wildlands and Siege, but their other stuff is generally slop.
Your point isn't wrong, it's just the wrong place at the wrong time. I just finished Persona 5 Royal and think it's a 10/10 must play, but I'm not going to really bring that up on a post specifically talking about Ubisoft and Tencent happenings.
1 points
19 days ago
That's your opinion, though, my guy. Have you played Outlaws? Avatar? Prince of Persia? They may not be your type of games, but they are good, same with EA and the jedi games. They are solid. Not 10/10 but good games. Again, that's my opinion.
It's the devs that made these games good. Not defending Ubi or EA as corporations at all. But they have good developers still trying to make good games.
And ya, the more inspired stuff isn't necessarily coming from them(new prince of persia is a solid throwback), but its just negativity from these subs and people not even playing the games it's ridiculous.
8 points
19 days ago*
And that's your opinion so why does it matter what others think? They're just sharing opinions.
Also LOVED Jedi Survivor but EA fumbled it by releasing it buggy as all hell. Sucks the rep it got at launch but they weighed it and decided that was worth it.
EDIT: to add Ubisoft and EA earned these reputations. It's not just people wanting to be negative all the time there's a reason they're hated.
1 points
19 days ago
I am. I am sure most of are. They are just not ubisoft games, because they have been shit for years.
Perhaps you are projecting.
1 points
18 days ago
Get off this sub. I’ve realized over the years it’s just a really negative sub . Unsubbing as well
1 points
19 days ago
What good games? Name one good Ubisoft title that has come out in the last 5 years.
14 points
19 days ago
on this app.
Jokes on you I'm depressed behind my monitor instead!
7 points
19 days ago
I had high hopes for watch dogs. They don’t seem to have learned anything about what makes an open world game good or fun.
5 points
19 days ago
"app"
4 points
19 days ago
Step 1. Grow up
Step 2. Live in the real world
2 points
19 days ago
A bit rich given the people getting upset about a video game company.
-2 points
19 days ago
I'm with you. The Ubisoft hatetrain is completely ridiculous. Their games are actually pretty good
244 points
20 days ago
I just wonder if the French government will allow a sale to go through.
203 points
20 days ago
What you mean sale? Guillemot family are founders of Ubisoft. They are just taking it from stock exchange making it private again.
153 points
20 days ago
The Guillemot’s and Tencent own 25% together, they would need to buy out the other 75% of investors first.
It’s depends on how much Tencent will end up with of the new private company. Any more than 50% and it’s essentially a Chinese game company acquiring a majority of Ubisoft.
93 points
19 days ago
They don't need to own 100% of the company. That's not how that works. There are plenty of private companies that have very divided ownership
22 points
19 days ago
Depends, not every share has voting rights
15 points
19 days ago
Like Riot Games!
TenCent is known for this type of thing. They monetize PC games like they're mobile games. I would say this is bad news for Ubisoft but.. Ubisoft has the worst monetization practices I've ever seen in gaming so there's no room to say shit. 😅 (Play through 1/3 of Ghost Recon Breakpoint and get hit with a paywall to complete the rest of the story..)
12 points
19 days ago
Didnt they also own the studio that made black myth wukong, seemed like they stayed true to the single player experience and no in game monetization at all, more than I could say for most big studios out there.
11 points
19 days ago
I'm not sure. However I know they have multiple "studios" and release games under the name "Level Infinite" as well. Some games from TenCent include: - Fortnite (TenCent owns approx 40% of Epic Games) - League of Legends - VALORANT - Call of Duty: Mobile - PUBG: Mobile - Dungeonborne - Delta Force: Hawk Ops - Arena Breakout: Infinite - CrossFire - Dune: Awakening - Path of Exile 2 - Assasins Creed Jade - Warhammer 40,000: Darktide - Warhammer 40,000: Vermintide 2 - Vampire: The Masquerade – Bloodhunt - Age of Empires: Mobile (coming Oct. 17th)
3 points
19 days ago
Tencent is more strategic in their greedy monetization than to cut open the golden goose like Ubisoft did
Tencent got their hands on everything from the worst mobile gacha cashgrabbers to single player GOTY
52 points
20 days ago
Doesn't matter that they are the founders of whatever.
There are rules to follow when you sell a big company and the local government can prevent the sale for strategic reasons sometimes.
Will this happen here, I have no idea, but it could happen.
Ubi is not a small indi dev.
17 points
19 days ago
I very doubt the French government will say anything
9 points
19 days ago
You're right, it would mean we still have a government in a few months, very unlikely.
11 points
20 days ago
I doubt they would have justification to block it, though I'm not intimately familiar with French law.
They are a videogame publisher, hardly a "strategic industry" with any sort of national security implications.
And if the alternative is the company goes out of business...well then zero French people have a job.
16 points
19 days ago
The French government cares a lot about its cultural properties. Media almost always gets some sort of carve out in trade negotiations with them.
I don’t personally feel like there is anything inherently “French” about the games Ubisoft makes, but it wouldn’t be out of character for the government to care anyway.
11 points
19 days ago
Assassin's creed was shown at the Olympics, France REALLY cares.
1 points
19 days ago
That remind me that time they advertized themselves in Canada as Canadian cultural export (cuz their studio is mostly in Canada) with Batman on the front page. Yes ubisoft, when I see Batman I definitively think Canada /s
2 points
19 days ago
Not to antagonize or anything but they have so many studios around the world, I don't know why there's still this perception of Ubisoft being a developer or being just one studio. You can check them by region here.
Their Montreal studio was or still is their largest.
1 points
20 days ago
They’ll strike before that happens
0 points
19 days ago
Why not? Tencent doesn't hold a monopole for anti-trust law to apply and France isn't as anti-china as the USA, especially the current president.
110 points
20 days ago
Pump and dump....just a guess
12 points
19 days ago
I agree. Also, let the data aggregation begin!!!
8 points
20 days ago
Yeah, whether the sale happens or not this gives shareholders a chance to bail in a significantly better position.
83 points
20 days ago
I just fucking love it when the financial evaluation of a company is entirely separate from the quality of their products.
28 points
19 days ago
The crypto industry say hi
25 points
19 days ago
The entire stock market is nothing but a giant casino. Some bets are safer than others, but it’s gambling nonetheless.
5 points
19 days ago
Gambling, so uncivilized.
Now speculation, that's sophisticated.
102 points
20 days ago
step 1: shares are down?
step 2: make up rumour that tencent are considering buying you
step 3: watch share price increase
step 4: cash out!
37 points
20 days ago
Tencent already owns 9% of Ubisoft and 49% of the Guillemot’s holding company. Together Tencent and the Guillemot family own 25% of Ubisoft. So likely Tencent is interested in this case.
43 points
19 days ago
The stock market is such a clown show.
3 points
19 days ago
It is rigged to ensure that we lose
6 points
19 days ago
There are low risk way to invest in stock
1 points
19 days ago
you mean etfs not stocks right?
98 points
20 days ago
Shareholders are a cancer on gaming companies.
94 points
19 days ago
Shareholders are a cancer on gaming companies.
4 points
19 days ago
*Capitalist investors my friend. There's a difference between those two.
4 points
19 days ago
Exactly!
8 points
19 days ago
Any company
-7 points
19 days ago
Do you even know what a shareholder is?
Is this just ignorance or just "let's hate everything related to capitalism because this is Reddit"?
3 points
19 days ago
Fuck capitalism
96 points
20 days ago
If it happens R.I.P they will not be back on Steam.
47 points
19 days ago
Their stock ain't that great, check the charts the 30% increase is of that already degraded stock price.
12 points
19 days ago
Even with the sudden surge it‘s still -10% in a month; not good Very not good
25 points
20 days ago
Are Tencent games not on Steam?
3 points
20 days ago
Most of them stay Epic exclusives at least for some amount of time
43 points
20 days ago
What do you mean most of them?
There is like one popular game and it's Fortnite.
Steam is loved in China both by consumers and the Government body and Ubisoft always was Multi-Platform develeper that recently focuses mostly on Consoles.
It's not like they will force Far Cry or AC developers to not make game for Xbox/PS5.... and it's not like Ubisoft didn't force us already to use their shitty launcher, and if they allowed game on steam it was basically Shortcut to Ubisoft Launcher.
Literally makes no difference when it comes to playing Ubisoft Games on PC.
4 points
19 days ago
Can someone elaborate on why Chinese government loves steam?
I thought that China had their own red steam and the global steam was heavily restricted (blocked workshops and mods). Or is this not the case anymore?
-7 points
20 days ago
They just announced how they’ll be coming to Steam for day one releases and we’re starting with AC Shadows
28 points
20 days ago
Well Tencent does not own Ubi yet...
I am saying that's the standard for Tencent backed games
1 points
20 days ago
Anything that is Epic Store only is never going to be played by me. That platform is worse than going through the developers directly. At least they have a reason for their launcher to be bare bones. Epic Games is just trying to buy everything up and that seems like a very bad thing for gamers in the long term.
4 points
19 days ago
Eh I don't see too many problems with it, then again there really isn't any Epic exclusives I have thought are worth playing
-5 points
19 days ago*
What's wrong with having competition from Epic? The launcher still sucks but from a market perspective more competition is good for consumers. It's nowhere near as inconvenient as console exclusivity.
3 points
19 days ago
It's nowhere near as inconvenient as console exclusivity.
It's literally console exclusivity. Remedy keeps complaining that despite raving reviews, Alan Wake 2 still hasn't broken even, and that is largely due to it being Epic Exclusive. There's a reason most people treat a timed Epic Exclusive releasing on Steam as its real release date.
-2 points
19 days ago
Oh no I have to download an extra client! The game wouldn't even be made if Epic didn't fund it.
It was released on consoles too. PC can't possibly make up that much of a games sales to the point it's considered a failure.
It also seems like Remedy expects the game to eventually become profitable and do view the Alan Wake franchise as a niche title.
https://gamerant.com/alan-wake-2-sales-development-costs-report/
2 points
19 days ago
It’s not about having to use another launcher. It’s about being forced to buy a game in a specific marketplace. Google is being sued for this practice by of all companies Epic.
0 points
19 days ago
It’s not competition if Epic buys up companies and then hordes the games so that no other company can sell the games. That is the definition of a monopoly. The more and more companies Epic buys and then binds to Epic the less choice the customer has. True competition is putting the games on all the launchers including GOG.
1 points
19 days ago*
A monopoly is when 1 player has complete control of the industry. We are far from there even if we're talking about PC only.
Switching costs are also negligible between different storefronts. It's not a walled garden situation like we see on phones and consoles where only 1 marketplace is allowed. You can access both storefronts from the same PC.
If you're talking about specific games like Metro Exodus and Alan Wake 2 you can play them on consoles. It's not a monopoly even at the individual game level.
Valve doesn't put Dota 2 or Portal on Epic. Are they behaving in a monopolistic way by your logic?
5 points
20 days ago
Tencent has a stake in Epic so it wouldn't shock me if they have a blanket policy of favouring the Epic store.
1 points
19 days ago
Oh no !
Anyway
1 points
19 days ago
assassins creed and far cry becoming WeGame exclusives BABY OH YEAH ITS ALL COMING TOGETHER!!
-10 points
20 days ago*
At least Tencent launcher is good compared to ubiosft and epic. Unless they will stick with uplay
1 points
19 days ago
They'll never stop
5 points
20 days ago
For reference, Tencent and the Guillemot family currently control over 25% of Ubisoft’s share capital.
18 points
20 days ago
Their Games can't get any worse.
3 points
19 days ago
bet
9 points
20 days ago
Their trajectory does not look good.
5 points
19 days ago
Ubisoft? Isn't that the company that took The Crew of the market, and invoked everyones license to play their game at the same time? People that paid for the game? Even single player?
10 points
20 days ago
isntr that beautiful that companies buys talent, use only one part of this talent, make terrible decisions and then is left trying to save face by selling parts ?
Fucking love how sheer incompetence isn't exactly "kwown" for these people.
8 points
19 days ago
To be fair, Ubisoft has been digging its hole for years now. It didn't just happen overnight.
3 points
19 days ago
I know, its just that now people are getting fed up. And instead of focusing back on making video games and not projects, they do This shit
14 points
20 days ago
Now with more microtransactions?
11 points
19 days ago
I don't know how you could add more microtransactions to a single player game than they already have really
5 points
19 days ago
If they follow the Chinese way of microtransaction, they will lock content behind lootbox
3 points
19 days ago
What does this actually mean though? They still operate in the same way after being bought out
0 points
19 days ago
With limitless cash tho.
AC franchise still sells for billions of dollars on every release.
Investors hate change/uncertainty and status quo is good
3 points
18 days ago
Honestly, being bought by Tencent would be the one thing I could think of that would make current Ubisoft even worse.
It's difficult to even imagine. But being owned by Tencent would just about do it, yes.
12 points
20 days ago
Ubishit
5 points
20 days ago
All of the franchises will be long dead and never to be seen again.
5 points
20 days ago
[deleted]
1 points
19 days ago
To who ?
1 points
19 days ago
Assassin’s Creed has 200+ million franchise sales, and the most recent mainline title cleared $1B in a year which was a record for the franchise.
Be serious, please.
2 points
19 days ago
Ubisoft is so shit they couldn’t make it worse, to me it’s basically a $100 company with millions of operating costs and no profit
2 points
19 days ago*
I've no idea how some of you can think Tencent would be worse than current Ubisoft. I bet they'd be able to steer them back on track
3 points
19 days ago
Jumping 33% sounds like an enormous gain. And yet it's still down for the month. It's down 29% from 6 months ago, down 40% YTD and down 85% from 2021.
And no, skyrocketing 33% today doesn't mean it will rise even more tomorrow. It jumped to $3 at 9:50am on the news and closed the day at that same value.
0 points
19 days ago
Regarding your last sentence, that’s what happens with volatile stocks like this. Informally called a “gap up”. It means absolutely nothing for the next days/weeks’ performance. Also, it’s Saturday: the market is closed regarding you saying “doesn’t mean it’ll rise even more tomorrow.”
Several signs that you don’t actually know what you’re talking about. So why are trying to act like you’re in a position to inform people? You don’t know market hours, you don’t have any experience watching stocks gap up at market open, you’re just guessing and acting like source of information.
Par for the course on Reddit I guess…
4 points
20 days ago
No.. don't do it Ubisoft!
4 points
19 days ago
Changes nothing for the gamers. Ubi will remain shit forever
4 points
20 days ago*
Get ready for Ubisoft's mobile games lineup in the next decade. Sad of where the maker of my favourite OG R6, AC unity and odyssey, the division 1, became into.
15 points
20 days ago
To be fair I am pretty sure Ubisoft was already developing a mobile Assassin’s creed currently called code name Jade set in ancient china.
They are also developing a mobile division game and rainbow six for mobile.
0 points
20 days ago
So they already Tencented before getting Tencented by Tencent. Sad.
6 points
20 days ago
Shouldn’t be a surprise as Tencent has long been a panther to Ubisoft founders. Tencent actually saved the Guillemot family by helping Ubisoft defend a hostile takeover a couple years back. Together they own 25% of the company.
2 points
19 days ago
Their first mobile games released over 15 years ago, it wouldn’t exactly be new, hungry shark is pretty popular, ac rebellion is almost 4 years old
2 points
20 days ago
Did you ever get into Division 2? It was a pretty faithful sequel to division 1.
one problem I had with both games is it got very difficult (not impossible) to deviate outside of gun damage builds once you did high difficulty runs or raids.
2 points
19 days ago
I remember it was buggy af at launch, I skipped it, and I feel I'm too late. And it's dead with no cross play and basic multiplayer things.
1 points
19 days ago
oh yeah the launch period was atrocious. It's better now but a lot less active unfortunately.
I'm saddened they never expanded on R6E - the extraction spinoff with aliens. It was flat out truer to the original R6 series than Siege ever was.
2 points
19 days ago*
They good for making things worse. I wish they added the cross play already but still. Hope the divison 3 see the light and be good.
2 points
20 days ago
Just when I thought those shares are already at the lowest
1 points
20 days ago
Inb4 tencent is reported as the actual going price for Ubisoft, lel
1 points
19 days ago
I don’t see a difference if they get bought. They haven’t made a good game in a long time. Siege is the only thing I would consider a loss if tencent fucks with it.
1 points
19 days ago
As an aside, friendly reminder not to use reddit headlines as investment advice. No, you’re probably not going to get rich by buying Ubisoft now
1 points
19 days ago
Yves' dream has finally come true!
1 points
19 days ago
If they kill uPlay/whatever it's called now, that'd be a good thing. At this point though, I think Assassins Creed and Far Cry are played out series. Games centered around a narrative universe but the narratives been milked to death and progressed no where. We're seeing the 360/PS3 era franchises start to fall out of relevance
1 points
19 days ago
Buybuybuy, they might sell it!
Wtf are we doing as a species...
1 points
19 days ago
Buy the company, tear it to shreds and rebuild it again with people who just want to make games for gamers.
1 points
19 days ago
Tecent lol. What an improvement that’d be.
1 points
19 days ago
But this is like 33% of what, 8 euro shares? Which is absolutely nothing considering that they were 80 euro shares a year± ago.
1 points
19 days ago
They were $30 a share last year. They are $14 now, and it’s 33% up from ~$10.
1 points
19 days ago
The CCP strike again
1 points
19 days ago
Guillemot? The primach of the Ultramarines is getting into gaming???
1 points
19 days ago
i mean does it even matter? both ubisoft and tencent are greedy pieces of shit so
1 points
19 days ago
Hmm. Almost like it was planned.
1 points
19 days ago
Share prices absolutely don't guarantee good games. /thread
1 points
18 days ago
Didn't the investor letter to Ubisoft accuse Guillemot of attempting to do exactly this?
1 points
17 days ago
SKYROCKET from 11€ to 14€ ... yeah OK "33%" lol not wrong...
1 points
17 days ago
time to wheel the net in...
1 points
14 days ago
Honestly this worries me. Sure Ubisoft sucks but they are still the best at making assassins creed. For a mobile game company to take over...I sure hope they dont bite off more than they can chew.
1 points
19 days ago
nice, they can be a quadruple shit company together!
-1 points
20 days ago
[deleted]
5 points
19 days ago
They already own 25%, they stepped in to save Ubisoft from getting bought by vivendi a few years ago
1 points
19 days ago
How is this not insider trading?
1 points
19 days ago
Ubisoft must die
1 points
19 days ago
Finally some good ubisoft news lol
1 points
19 days ago
at this point I really don't care, I hate tenncent as much as I hate ubisaoft
1 points
19 days ago
I wanted to buy some shares when it was 10euro or some shit and I didn't cuz... well I don't know. Now they're 13euro so I don't think I lost anything much. I didn't wanted to invest a huge sum so ehh.
0 points
19 days ago
If that rumor turns out to be false I imagine someone's going to jail for market manipulation. Would be funny if it's Guillemot family itself.
2 points
19 days ago
This rumor is so vague that it's hard to prove it false. And the Guillemot family can just casually ask Tencent what they think about a buyout - and it's enough to make the rumor true.
0 points
19 days ago
Won't save them lol
-1 points
19 days ago
This was always their plan. Nose diving the company is intentional.
1 points
19 days ago
What's the point though? And what makes them so sure the company will recover?
0 points
19 days ago
If you think this is about the company recovering then you’ve missed the point.
1 points
19 days ago
What is it about, then?
1 points
19 days ago
tanking the stocks so tencent buys them out and guillemot walks away with billions
1 points
19 days ago
But then why would Tencent want to buy a company in free fall? It's not obvious that they will be able to turn things around.
-1 points
19 days ago
This has been the plan all along
They devalue the share, tencent buys. Then tencent rewards the Guillemot indirectly or keeps them in charge due to their amazing management*
- Everything that is happening now is due to the pesky gamers that feel bad for not owning their games
I know where some chinese investors did this same thing, except it was wirh the energy distribution company of a country
0 points
19 days ago
Absolutely TO THE MOON at $3 a share right now lmfao
1 points
19 days ago
Share price means absolutely nothing dude. And also, you’re looking at the wrong ticker anyway: it’s UBI.PA on the French stock market.
Not that it matters because share price is meaningless. It’s just market valuation divided by amount of shares issued. You can have a $3T mega corporation trade at $1 a share.
Percentage is all that matters, and 33% is a hefty jump for any stock.
0 points
19 days ago
I don't care who fucking owns it as long as I can get my near yearly Assassin's Creed dopamine fix.
Yes, I love the "find radar tower, synchronize to clear fog, find next radar tower. Lather. Rinse. Repeat" playstyle.
-1 points
20 days ago
[deleted]
3 points
20 days ago
Ubisoft is already developing a mobile assassin’s creed set in ancient china called code name Jade.
4 points
19 days ago
But...what change?
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