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Ubisoft Restructures: Six Games Canceled, Major Losses Ahead

1/21/2026

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Summary

Story summary

Ubisoft Entertainment SA announced a major restructuring that cancels six games, including the Prince of Persia: Sands of Time remake, and delays seven others.
It will close its Halifax and Stockholm studios as it shifts to five specialized Creative Houses focused on specific genres.
Ubisoft expects a €1 billion loss for the fiscal year 2025-2026 and will cut costs by €200 million over the next two years.

History

Historical Context

The video game industry has rapidly expanded, generating over $159 billion in 2020. Amid this growth, Ubisoft Entertainment SA is restructuring due to a projected €1 billion loss for fiscal year 2025-2026, closing studios in Halifax and Stockholm. This shift reflects broader industry trends toward consolidation and specialization, as companies adapt to evolving consumer demands and economic pressures.

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Story summary

Ubisoft Entertainment SA announced a major restructuring that cancels six games, including the Prince of Persia: Sands of Time remake, and delays seven others.
It will close its Halifax and Stockholm studios as it shifts to five specialized Creative Houses focused on specific genres.
Ubisoft expects a €1 billion loss for the fiscal year 2025-2026 and will cut costs by €200 million over the next two years.

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