Last week, on November 13, approximately fifteen minutes before they were meant to be published, Ubisoft announced it would be delaying the release of its financial results for the first half of its 2025-26 fiscal year. It also announced that it would stop trading ahead of the market's opening the next day, which was a step reportedly taken "to limit unnecessary speculation and market volatility during this short delay." Now, it has been confirmed that those delayed results will be public by the market's opening on Friday, November 21, 2025.
Of course, nothing can stop people from speculating, necessarily or otherwise, and the big speculation surrounding the delay is the idea that Ubisoft is going the way of EA and becoming a privately owned company. Not owned by the same Consortium that is in the process of owning EA Sports FC, but by Chinese publisher and developer Tencent, with which Ubisoft recently opened a new subsidiary called Vantage Studios.
The same Vantage Studios that now houses the rights to Assassin's Creed, Far Cry, and Rainbow Six, the three franchises Ubisoft considers to be its most significant across its portfolio. It's worth noting that there's been no official word that Ubisoft is actively looking to be acquired.
We've seen reports of the company's shareholders allegedly talking about a buyout, but Ubisoft's only word on the question has been, "We remain committed to making decisions in the best interests of all of our stakeholders. In this context, as we have already indicated, the Company is also reviewing all its strategic options."
It's also worth noting that the delay could have been for something as small as a copy error in the results that needed fixing, instead of the latest major shift in the layout of the video game industry. Though if it happens, it'll continue the streak of extremely high-scale consolidation we've seen in recent years.
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