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entertainment Jan 22, 2026, 11:08 AM
Ubisoft cancels highly anticipated Prince of Persia video game remake - Ubisoft announced the cancellation of six upcoming titles and a major organizational restructure on January 22, 2026.
- The long-awaited Prince of Persia: The Sands of Time remake was among the canceled projects after over six years of development.
- The company's shares fell by 33%, indicating severe market reaction and raising concerns about its financial future.
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business Nov 21, 2025, 9:48 AM
Ubisoft faces financial turmoil after erroneous revenue reporting - Ubisoft has acknowledged that it improperly accounted for revenue from a partnership, necessitating a correction in its financial statements.
- This misbooking led to a breach of a loan agreement, which raises concerns regarding the company's financial health.
- The situation has ignited speculation about potential disruptions within Ubisoft, particularly regarding its partnership with Tencent.
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2026 All rights reserved
2026 All rights reserved