Don't Worry Gamers, Ubisoft Confirms Game Libraries Are Safe Amid Fan Panic
Portfolio Pulse from Franca Quarneti
Ubisoft Entertainment SA (OTC:UBSFF) has clarified that rumors of the company deleting inactive accounts and permanently erasing digital game libraries are false. The company does delete inactive accounts in accordance with EU's General Data Protection Regulation (GDPR), but the deletion criteria do not include accounts with purchased games. Accounts are considered based on gaming activity, libraries, duration of inactivity, and the presence of an active subscription.
July 25, 2023 | 9:37 pm
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NEUTRAL IMPACT
Ubisoft's clarification of rumors about account deletion and game library erasure may reassure its user base and potentially stabilize its stock price.
The rumors about Ubisoft deleting inactive accounts and erasing game libraries could have caused panic among its users, potentially affecting the company's reputation and stock price. However, Ubisoft's clarification may have reassured its user base, potentially stabilizing its stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100