Something Funky Is Going On At Ubisoft

It's been clear for immoderate clip that each is not good astatine Ubisoft. Between games not gathering nan company's income expectations, studio closures, downsizing elsewhere and sexual misconduct issues, it's been a rocky past respective years for nan company.

But now it seems thing other whitethorn beryllium going connected astatine nan publisher. Just earlier it was group to clasp a telephone pinch investors connected Thursday, Ubisoft said it was delaying its half-year net study and halting trading of its shares. It has asked Euronext — nan European banal marketplace connected which its shares are listed — to halt trading from November 14 until it publishes its net results "in nan coming days."

This could mean immoderate number of things. Other companies person delayed net reports owed to things for illustration accounting issues. But halting trading of nan company's shares could portend awesome news, specified arsenic a waste aliases Ubisoft becoming a backstage entity again. Engadget has contacted Ubisoft for comment.

It was reported precocious past year that nan founders of Ubisoft were looking to return nan institution backstage pinch nan thief of Tencent. That hasn't transpired arsenic yet, but Ubisoft (with nan thief of a Tencent investment) did this twelvemonth shape a caller subsidiary called Vantage Studios. That is now overseeing Assassin's Creed, Far Cry and Rainbow Six — 3 of Ubisoft's astir important franchises.