Ubisoft investor wants to dethrone Ubisoft's founders so Ubisoft can lay more developers off
Ubisoft investor wants to dethrone Ubisoft's founders so Ubisoft can lay more developers off
Commence Star Wars rolling prologue screen: A minority Ubisoft investor has written an open letter to Ubisoft's board o…
A few days old, but I didn't see it pop up at the time and it slipped by me.
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Well reading the letter at face value: it seems the intent is based on the investor asserting that the current owners are delaying games to keep the share price low in order to buy up a greater percentage of the company (said owners apparently only have a 25% stake). Therefore, they're actively preventing other investors investments from growing in order to grow their share of the company on the cheap—very much against the duty of a publicly traded company.
The title makes this seem more ridiculous than it potentially is. Though it could also just be hot air from the investor
No one can accuse Ubisoft of completing a game before release.