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Story summary
- Ubisoft warns of declining revenues as the gaming industry shifts toward subscription services.
- It attributes the downturn to fewer new UK releases and changing consumer habits.
- Physical sales fell 29% to £18.9 million, and pre-tax profit dropped significantly.
- Ubisoft plans to expand Ubisoft+ and invest in live-service games to adapt.
- The company faces increased competition and a volatile market, shaping its recovery strategy.
