Yves Guillemot
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Ubisoft's full FY26 financial report shows a sharp decline in revenue and net bookings
Ubisoft reported a significant decline in revenue and net bookings for its fiscal year ending March 31, 2026, attributing it to a softer release schedule and restructuring costs. The company anticipates this year to be a low point for free cash flow, with a rebound expected in FY27-28. Despite financial challenges, key live service titles like Rainbow Six Siege and Assassin's Creed continue to show strong engagement.
Ubisoft's net bookings are down 54% year-on-year
Ubisoft reported a 54% year-on-year decrease in net bookings, despite exceeding Q4 guidance. CEO Yves Guillemot described the past fiscal year as one of "decisive action" and "ambitious transformation," involving restructuring, cost-cutting, and project cancellations. The company anticipates FY2026-27 to be a low point for free cash flow, with a focus on key titles like Rainbow Six Siege and Assassin's Creed Black Flag Resynced, aiming for positive free cash flow by FY2027-28.
Far Cry 7’s Leaked Audio Hints at Time Limit Mechanic, Set for Late 2026 – Rumor
A new rumor suggests Far Cry 7 will feature a time limit mechanic and is set for a late 2026 release, potentially in Alaska. Leaked audio and early key art have surfaced, indicating a troubled development. Ubisoft CEO Yves Guillemot previously confirmed two Far Cry projects were in development.
ESA's iicon was a promising start, but needs more commitment and more candour | Opinion
The Entertainment Software Association's new industry event, iicon, shows promise with its focus on strategy and C-suite discussions, attracting key executives from major companies. However, the event suffered from notable absences from major players like Xbox, Nintendo, and Sony, and a lack of candid, insightful discussions from those who did attend, hindering its potential impact.
Assassin's Creed 1 remake could be next after Black Flag Resynced, leaker says
Leakers suggest that a remake of the original Assassin's Creed game is in development at Ubisoft, following rumors of an Assassin's Creed: Black Flag remake. Ubisoft CEO Yves Guillemot previously hinted at multiple remakes being planned. The first Assassin's Creed game is approaching its 20th anniversary, making a remake timely.
Remake Of First Assassin's Creed Rumoured To Be In Reconstruction
Rumors suggest Ubisoft is working on a remake of the original Assassin's Creed, following the announcement of Assassin's Creed Black Flag Resynced. This aligns with comments from CEO Yves Guillemot about revisiting and modernizing past titles. Developers may be shifting from Assassin's Creed Hexe to assist with the remake.
Benoit Richer, Assassin's Creed Codename Hexe game director, leaves Ubisoft
Benoit Richer, the game director for the upcoming Assassin's Creed Codename Hexe, has left Ubisoft to co-found a new independent studio called Servo Games. Richer is the third key team member to depart the project, following Marc-Alexis Côté and Clint Hocking. Assassin's Creed Codename Hexe was announced in 2022 and is being developed at Vantage Studios.
Report: Ubisoft cancels social-sim game Alterra
Ubisoft has reportedly canceled its social-simulation game Alterra, which was inspired by Animal Crossing and had been in development for nearly three years at Ubisoft Montreal. Employees working on the title have been reassigned to other projects, and the cancellation is not expected to result in job cuts. This news follows a series of cost-saving measures by Ubisoft, including studio closures and layoffs.
Ubisoft reportedly cancels life-simulator project Alterra
Ubisoft has reportedly cancelled its life simulator project, codenamed Alterra, with affected employees being reassigned to other projects. The game, described as an Animal Crossing-style title with voxel creation, had been in development for about 18 months at Ubisoft Montréal. This cancellation follows Ubisoft's recent introduction of a Creative House structure and other cost-cutting measures, including the discontinuation of three other games and studio closures.
Assassin’s Creed Black Flag Twitch drop leaks after Ubisoft admits the remake’s real
Ubisoft has confirmed the existence of a remake for Assassin's Creed 4: Black Flag, titled Assassin's Creed Black Flag Resynced, with a formal reveal planned. Ahead of the showcase, details about a Twitch drop for an in-game pistol have leaked, along with early glimpses of improved graphics and potential gameplay adjustments including RPG elements and the removal of modern-day sections.
Splinter Cell Remake Reportedly Delayed To 2027
The Splinter Cell Remake has reportedly been delayed to 2027 as part of Ubisoft's ongoing restructuring efforts. This delay impacts other projects, including multiple Far Cry titles and Assassin's Creed games, which have also faced internal delays and changes.
Splinter Cell Remake Delayed to 2027, Far Cry 7 Going Through “Hell and Back Right Now” – Rumor
Rumors suggest the Splinter Cell Remake has been delayed to 2027, with its director having previously left and returned to the project. The next Far Cry installment, codenamed Blackbird, is reportedly undergoing significant development challenges and may not launch before 2027, alongside a potential extraction shooter spin-off codenamed Maverick.
As Fable Is Rumored To Be Delayed, Let's Read Too Much Into This Social Media Change
The Fable reboot's social media accounts have stopped mentioning a 2026 release date, fueling speculation of a delay following a report that the game was internally pushed back. While unconfirmed, this change occurred after a report suggested the game might slip to 2027 to avoid launching near Grand Theft Auto 6. Developers are reportedly concerned about releasing games close to Grand Theft Auto 6's November 19 launch.
ESA's iicon conference expands speaker lineup, with EA's Andrew Wilson joining CEOs of Ubisoft, Take Two, Riot, Savvy Games and more
The Entertainment Software Association's new iicon conference has expanded its speaker lineup, adding Electronic Arts CEO Andrew Wilson. He will join other industry leaders including Yves Guillemot of Ubisoft, Strauss Zelnick of Take-Two Interactive, Dylan Jadeja of Riot Games, and Brian Ward of Savvy Games Group. The event focuses on interactive entertainment and its expansion opportunities across various industries.
The Crew – Ubisoft Hit by a New Lawsuit in France Supported by Stop Killing Games
Ubisoft is facing a new lawsuit in France from consumer association UFC-Que Choisir, supported by Stop Killing Games, over its decision to revoke licenses for The Crew. The lawsuit alleges deceptive business practices and abusive terms regarding the game's revocable license. CEO Yves Guillemot defended the company's actions, stating that game support cannot last forever and that this is an industry-wide issue.
Red Storm Entertainment Was Working on 10 Games Before Development Team Was Laid Off – Rumor
Ubisoft's Red Storm Entertainment reportedly had 10 games in development before its development team was laid off, with projects ranging from support for live-service titles like Brawlhalla and Rainbow Six Siege to unannounced concepts. The studio has been refocused to support the Snowdrop Engine and serve as a global IT team following the layoffs, which affected 105 employees.
Ubisoft ends game development at Red Storm and lays off 105 workers
Ubisoft has ended active game development at its subsidiary Red Storm Entertainment, resulting in the layoff of 105 employees as part of a global cost-saving initiative. The studio will transition to a support role, focusing on IT and engine development. This move is part of broader restructuring efforts within Ubisoft, which has seen multiple studio closures and layoffs this year.
Assassin's Creed Shadows players protest Nvidia's controversial DLSS 5 "AI slop" filter: "It's only gonna tank the franchise's reputation even further"
Players are protesting Nvidia's upcoming DLSS 5 AI rendering technology, which will be featured in Assassin's Creed Shadows. Fans criticize the technology, referring to it as "AI slop" and expressing concerns that it will damage the franchise's reputation. Ubisoft executives, including Charlie and Yves Guillemot, believe the AI technology will enhance immersion and interactivity.
Ubisoft names general managers of Creative Houses 3 and 5, Creative Network
Ubisoft has appointed Julien Bares as general manager of its new Creative Houses 3 and 5, focusing on live service, mobile, and casual games. Thomas Andrén has been named general manager of the newly-created Creative Network arm, designed to provide production support across studios. These appointments are part of Ubisoft's ongoing restructuring efforts.
Ubisoft Employee Says It’s “Far From Impossible” For It to Make a Big Hit Again
An anonymous Ubisoft employee believes the company can still produce a hit game despite widespread criticism for mismanagement and disappointing releases. The employee cited a lack of accountability within leadership for development issues and layoffs, but expressed optimism about a new structure involving "creative houses" aimed at addressing past problems and fostering innovation. This comes amidst ongoing employee concerns, union calls for CEO Yves Guillemot's resignation, and accusations of nepotism and lack of diversity.
