• Majorllama
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    1765 months ago

    I remember when they said “players should get used to not owning their games”.

    Well Ubisoft. You should get used to not getting a penny outta me forever.

  • @qx128@lemmy.world
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    785 months ago

    If their customers are going to have to get used to not owning games they paid for, I guess Ubisoft is going to get used to not having money 🤷🏻

      • @OsrsNeedsF2P@lemmy.ml
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        105 months ago

        In addition to Steam not being subscriptions, Valve has so far not screwed over their users. The way the Ubisoft exec suggested that we should change our attitude really showed what they in plan

  • @Nilz@sopuli.xyz
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    745 months ago

    “review and pursue various transformational strategic and capitalistic options to extract the best value for stakeholders”.

    Ah there it is. That’s the only thing that matters anyway.

    • @9bananas@lemmy.world
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      65 months ago

      fyi, in case someone isn’t clear on the difference:

      stakeholder ≠ shareholder

      stakeholders are basically all people involved, including staff, and even stuff like landlords, janitors, citizens (sometimes things like parents), etc.

      it’s anyone with a stake in an organizations operations!

      example: a city decides to create a new bus route. in this case, stakeholders include the local residents, the companies involved in creating the route, the companies supplying the buses, the mechanics needed to keep the fleet running, etc., etc.

      there’s a usually a LOT of stakeholders, and typically you don’t always include everyone in every little decision because it quickly becomes unmanageable. so only the most relevant ones are included in most decisions, and who exactly that is depends on the project.

      shareholders on the other hand are what everyone is probably thinking of, and that’s the people (“people” being used generously here) only interested in next quarters profits. you know! the parasites!

      of course the message is still bullshit and nothing but coded corpo-speech for “shareholders”, but i thought some folks might be interested in knowing the difference anyhow.

      even if, in this case, it’s only important to highlight the extra special bullshit they put into the statement…

      • @Nilz@sopuli.xyz
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        45 months ago

        Good point and thanks for pointing it out, I misread it. A shareholder and stakeholder aren’t (necessarily) the same indeed.

        • @9bananas@lemmy.world
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          35 months ago

          actually good point on your part too, cause i should have mentioned that as well:

          shareholders can also be stakeholders!

          totally not confusing or anything…

          i really hate basically all the language around finance…

  • The Picard Maneuver
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    715 months ago

    Goodwill with your playerbase doesn’t show up on a quarterly report, but without it your company is sunk.

    It’s incredible that a company with the resources of Ubisoft couldn’t figure that out, even with people shouting it at them daily.

    • @eronth@lemmy.world
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      135 months ago

      I think the big “issue” is that there’s a notable lag between loss of goodwill and loss of income/profit/value, and there’s an even bigger lag between trying to fix goodwill and returns on that. It makes it too hard for any profit-first company to get right.

      • The Picard Maneuver
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        85 months ago

        I think you’re absolutely right. When these studios go public and start having pressure from shareholders, it starts the gradual decline in quality.

    • JustEnoughDucks
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      75 months ago

      External MBAs taking over running businesses will either result in this or making a billion dollar company through the heavy exploitation of their workers and the consumers. I think the vast majority are the former though.

  • Agent Karyo
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    5 months ago

    It feels like a complete bloodbath with the job situation in the gaming industry in the west.

    The worst thing is none of the executives are getting fired (in a proper manner, no golden parachutes and clawbacks on any stock based compensation).

    • @Ledivin@lemmy.world
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      155 months ago

      The worst thing is none of the executives are getting fired (in a proper more manner, no golden parachutes and clawbacks on any stock based compensation).

      lol, welcome to the west

    • @novibe@lemmy.ml
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      5 months ago

      Yeah? The executives are firing people, to lower costs, make the numbers look better…? Which makes the owners of the business money?

      Why wouldn’t the executives get bonuses or golden parachutes if let go? They are doing exactly what they are supposed to do.

      Executives don’t make products, provide services, or add any productive value. They are just the face of the owners, and will do the “hard” things for them.

      Like lie, commit crimes, do mass-layoffs etc etc.

  • dinckel
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    395 months ago

    I feel horrible for the people affected, because for a lot of them, this was probably a dream job, but Ubisoft will get 0 sympathy from me

    • massive_bereavement
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      225 months ago

      And they probably had to sweat blood and tears to get there, because the videogame industry is a harsh mistress.

    • @essteeyou@lemmy.world
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      165 months ago

      All the people making the shitty decisions will be fine. Everyday people will be the ones to lose their jobs, as is always the way in these things. :-/

  • _cryptagion [he/him]
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    225 months ago

    I like to think I had a very tiny hand in this, since I never pay for Ubisoft games I play.

  • @padge@lemmy.zip
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    175 months ago

    That’s a shame, that was the studio that worked on Guitar Hero Live. I kind of liked that game

  • erin
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    125 months ago

    they should start by laying off executives and commercials who had that veeeery bad ideas of forcing internet connection even on offline mode, forcing Ubisoft Launcher even on steam and thinking that making a game pass with just Ubisoft IP was a good idea…

    Spoiler alert: those were finally not good idea at all

  • BlackLaZoR
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    125 months ago

    In Skull and Bones they couldn’t even replicate the experience from their own previous IP, and then advertised is as AAAA game. It’s a disgrace - they deserve to burn.

    • @icecreamtaco@lemmy.world
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      5 months ago

      When that game came out I bought AC4 for $5 instead. Had a fun time and the graphics still look modern anyway

  • Destide
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    5 months ago

    a year

    a week

    Owners doing everything but admit they’re finished and just ride off into the sunset on their golden horse.

      • Destide
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        35 months ago

        I was lucky enough to catch the big dip a few months back, my hope is that they have a big enough library that someone just buys it. But the Guillemot’s want to have their cake and eat it by selling but maintaining control. There’s a big old battle with the big shareholders and the Guillemot’s. It jumped 33% when tencent made plans to buy it. Course they could just liquidate the whole thing and walk off. The Guillemot’s really are being almost negligent at this point I think now more people have lost their jobs for ego.

    • Nate
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      75 months ago

      Ubisoft Leamington is gone. Ubisoft as a whole is still around (for now)