Financial Losses
Ongoing coverage on Financial Losses.
Latest coverage
Reigns developer Nerial closes following "significant trading losses" over past two years
Reigns and Card Shark developer Nerial has announced its closure after 13 years in operation, citing significant trading losses over the past two years. Parent company Devolver retains the rights to Nerial's existing games, while founders Tamara and François Alliot plan to take a break before returning to indie game development.
Ubisoft Reports €1.3 Billion in Losses For FY26, Projects More Losses Next Year, Profits in FY28
Ubisoft reported a loss of €1.3 billion for the fiscal year ending March 31, 2026, with net bookings down 17.4 percent. The company forecasts further losses in FY27 but expects profitability to return in FY28, driven by upcoming titles in major franchises like Assassin's Creed, Far Cry, and Ghost Recon. This financial outlook follows a significant restructuring, game cancellations including Prince of Persia: The Sands of Time Remake, and recent layoffs, which have led to criticism from employee unions regarding leadership and diversity.
Somehow, Ubisoft returned: Assassin’s Creed, Far Cry, Ghost Recon each to get new games despite $1.5 billion loss
Despite reporting a $1.5 billion loss, Ubisoft is moving forward with new installments in its Assassin's Creed, Far Cry, and Ghost Recon franchises. The company does not anticipate returning to profitability until the 2027-28 fiscal year.
Hollywood Box Office Failures That Resulted in Major Financial Losses
This article examines significant Hollywood box office failures and the financial losses they incurred, exploring how factors like competition, marketing, and studio accounting practices contributed to their downfall. It highlights films such as The BFG, Blade Runner 2049, and Heaven's Gate, noting how some failures became cult classics while others, like Heaven's Gate, fundamentally altered industry practices by shifting focus towards sequels and franchises.
