Ubisoft Almost Collapsed—Tencent Saved Them

Last week, Ubisoft shocked the gaming world by delaying its financial report. Fans and investors speculated: bankruptcy? Buyout? Secret Tencent takeover? The truth is more alarming than you think.

Ubisoft’s recent accounting restatement nearly triggered a financial disaster. The company had to cover €286 million in loans to avoid breaking covenants, and without Tencent’s billion-dollar intervention, bankruptcy could have been next. Despite “overperforming” reports on Assassin’s Creed Shadows, 96% of Ubisoft’s revenue comes from older titles. New games barely move the needle.

This video breaks down the crisis, why the media missed it, and what it means for Ubisoft’s future.

What do you think—can Ubisoft survive without Tencent? Comment below, and don’t forget to subscribe for the latest gaming business updates.

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