Ubisoft's share price experienced a dramatic slump recently. Controversial statements made by Philippe Tremblay, who heads Ubisoft's gaming subscription service, are considered to have been a possible cause. https://www.notebookcheck.net/Ubisoft-Gamers-no-longer-need-to-own-games-share-price-in-free-fall.794937.0.html
Let me preface this by saying that I dislike Ubisoft heavily.
BUT the share price drop for Ubisoft had nothing to do with this. The entirety of the French stock market and other European markets was down approx. the same rate over the week due to moves the European Central Bank was making.
This is just poor journalism and shows a lack of financial literacy.
Ubi stock took the biggest plunge from Nov 22 to Dec 12th, so your theory is fundamentally flawed and feels like reductionist clickbait.
As long as Ubisoft and other publishers are happy to forego buying their £60 games as customrrs play and finish their games on a £12.99 subscription.
This is what it will come down to in the end. Games will be seen as throwaway products to devour and bin when finished. Not much value in that.
Quote from: Seafort on January 24, 2024, 11:05:12As long as Ubisoft and other publishers are happy to forego buying their £60 games as customrrs play and finish their games on a £12.99 subscription.
This is what it will come down to in the end. Games will be seen as throwaway products to devour and bin when finished. Not much value in that.
If people stop buying copies of games, digital or on disc, and start using subscription based services instead, I can only see the price of the subscription going up.