It's no secret that Ubisoft is in a bit of trouble at the moment, with all hopes riding on Assassin's Creed Shadows to help turn the developer's fortunes around. Last year was pretty disappointing, with high-profile titles like Star Wars Outlaws being a little mediocre, and Assassin's Creed Shadows getting pushed deep into 2025.
We knew that Assassin's Creed's delay would have impacted Ubisoft quite dramatically, but a new earnings report from the developer has revealed exactly how badly. According to the report, first shared by gamesindustry.biz, Ubisoft's revenue last quarter declined by a whopping 31.4 percent year-on-year, dropping to €900 million.
On top of that, Ubisoft's net bookings were down 34.8 percent, its digital net bookings were down 33.8 percent, and its back-catalogue net bookings were down 27.7 percent. All of this has led to a 51.8% decline in year-on-year net bookings for Ubisoft's Q3, though the company does state that this massive drop was in line with expectations.
Latest footage for Assassin's Creed Shadows shows cherry blossoms and watermelon in season together. Yes, that's the whole story.
Assassin's Creed Shadows' delay will obviously be a major reason for that sharp decline,...
