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Ubisoft investor writes open letter to express "deep dissatisfaction" with company performance

An Ubisoft investor has written an open letter to the company to express their "deep dissatisfaction" with its performa…

Star Wars Outlaws Story Trailer Watch on YouTube"As a significant minority shareholder in Ubisoft Entertainment via AJ Investments and our partners, we are writing to express our deep dissatisfaction with the current performance and strategic direction of the company," the letter reads. "The recent quarterly results, which included the postponement of key games like Rainbow Six Siege and The Division into the 2025 lineup and a lowered revenue outlook for the Q2 2024, have heightened our concerns about the management’s ability to deliver value to shareholders over the long term. As reported by Reuters, poor sales of Star Wars Outlaws and lack of interest in free-to-play shooter XDefiant are cited as key reasons for the drop.

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