Ubisoft Announces 2.9% Decline in Net Bookings

Sure thing, let me see… Okay, so Ubisoft just dropped their latest numbers. Not exactly earth-shattering — they saw a 2.9% dip in their bookings for the quarter ending in June. €281.6 million (or about $331 million if you’re counting dollars) in first quarter earnings. Apparently, Rainbow Six: Siege wasn’t doing its thing and some big partnership got, like, postponed? Shifted to the next quarter. Classic, right?

But here’s a twist — their old stuff? The back catalog is kind of killing it with a 4.4% boost from last year, raking in €260 million ($306 million-ish). Who knew nostalgia was this profitable?

And oh, they’re shaking things up, reinventing themselves into these so-called Creative Houses. Which I guess are like mini-empires within the Ubisoft kingdom. First one is backed by Tencent and was big news earlier.

Yves Guillemot, Ubisoft’s head honcho, said something about this new operating model being all about focus and accountability and—stuff. I’m paraphrasing wildly. Sounds corporate, right? Honestly, there’s some talk about how these units will amp up creativity and performance.

Their subsidiary managing the heavy hitters like Assassin’s Creed and Far Cry is leading this Creative Houses charge. Anyway, they’ve got new leaders in place, which is a big deal moving forward. Here’s hoping it’s the start of something new. Or maybe it’s all just corporate speak? Who knows.

Anyway, that’s the gist. Make of it what you will.