Ubisoft launches major reset, cancels six games including Sands of Time remake, and shutters two studios

TL;DR Summary
Ubisoft has launched a major reset, canceling six games (including Prince of Persia: The Sands of Time remake), closing two studios (Stockholm and Halifax) and delaying seven titles to focus on open-world, live-service games; shares fell about 33% on the news as the company pursues sustainable growth amid rising development costs, with Vantage Studios tasked to turn its big franchises into annual brands.
Topics:technology#business#live-service-games#open-world-games#prince-of-persia-remake#studio-closures#ubisoft-restructuring
- Ubisoft cancels six games including Prince of Persia and closes studios BBC
- Ubisoft shares plummet 33% after Assassin’s Creed maker unveils reorganization, cancels six games CNBC
- Prince of Persia Remake Game Canceled Amid Ubisoft Reorg, Layoffs Variety
- Ubisoft to Undergo Major Overhaul in Bid to Revamp Fortunes - WSJ The Wall Street Journal
- EXCLUSIVE: Beyond Good & Evil 2 Survives Ubisoft’s Project Purge Insider Gaming
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