Ubisoft Sees 2.9% Decline in Net Bookings

Oh man, you know how it is with those big companies—something’s always going on. So, get this: Ubisoft, yeah, the big French deal in gaming, just reported they’re down like 2.9% in net bookings for the quarter ending June 30th. I mean, not a huge drop, but enough to notice, right? They pulled in €281.6 million, which is around $330.8 million if you’re counting dollars.

It’s funny ’cause they’re blaming it partly on Rainbow Six: Siege not doing as hot as expected. Really? I thought folks were still into that. Plus, they had some partnership thing that was supposed to drop in Q1, but it kinda got pushed. Happens to the best of us, right?

But hey, here’s a twist—their old games are doing pretty well! Back catalogue sales, they’re calling it. Brought in €260.4 million, which is like $305.9 million. That’s a 4.4% bump from last year. Not too shabby, if you ask me.

And then there’s this whole restructuring thing they’re doing, calling it Creative Houses. Sounds fancy, doesn’t it? Basically just means they’ve got these divisions now, like mini-companies or something. The first one, backed by Tencent, popped up earlier this year.

Yves Guillemot—the big guy at Ubisoft—he’s all excited about this shift. He says these new units will boost creativity and business vibes. I hope he’s right. It’s like they’re trying to be more focused and maybe a bit nimbler as a company.

The new subsidiary thing is spearheading their big names—Assassin’s Creed, Far Cry, Rainbow Six. Big titles! They just announced who’s running it too, which is supposed to be a big deal. Anyway, let’s see if this new setup keeps things fresh and interesting. Or confusing. Could go either way!