Ubisoft Records 2.9% Decrease in Net Bookings

So, here’s the scoop. Ubisoft—yeah, the big French publisher—has seen a little hiccup. Their net bookings dropped by 2.9% for the three months that ended on June 30th. Not a massive deal, but still worth mentioning, right?

Anyway, they told their shareholders they bagged €281.6 million (~$330.8 million) in the first quarter of their fiscal year. Why the dip? Apparently, Rainbow Six: Siege didn’t quite hit the mark, plus a big partnership slipped into the next quarter. Just great, huh?

Now, something curious happened. While their main stuff didn’t shine, back catalogue sales were cooking—€260.4 million (~$305.9 million). That’s up by 4.4% from last year. Nice surprise, isn’t it?

And here’s a fun twist—Ubisoft is pulling itself apart into what they’re calling Creative Houses. Supposedly, those are like different parts of the company. The first is backed by Tencent. Sounds fancy, right?

Yves Guillemot, the big boss over there, was all about transformation and operating models. Just the usual corporate lingo—Creative Houses are supposed to boost everything, like quality and vision. They even have a new branch for their big hitters: Assassin’s Creed, Far Cry, and Rainbow Six.

So there it is, Ubisoft trying to shake things up. And no clue why, but it kinda reminds me of reorganizing my messy desk. Anyway—wait, I’m rambling. Where was I? Oh, yeah, Ubisoft’s changes. It’s all about agility and focus, or something like that. Hope it works out!