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