Attention Gamers! Assassin's Creed Maker Envisions Netflix-Style Revolution in Gaming Post Microsoft Deal
Portfolio Pulse from Anusuya Lahiri
Ubisoft Entertainment Inc (OTC:UBSFY) plans to reshape the gaming landscape through streaming, similar to how Netflix Inc (NASDAQ:NFLX) transformed the television and film sectors. This follows Ubisoft's cloud-gaming agreement with Microsoft Inc (NASDAQ:MSFT). Despite the gradual ascent of cloud gaming due to technological and business-related hurdles, Ubisoft CEO Yves Guillemot believes that many games will be streamed and produced in the cloud in the next five to 10 years.
September 26, 2023 | 11:40 am
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NEGATIVE IMPACT
Google's failure to garner a substantial user base for its Stadia cloud gaming service highlights the challenges in the cloud gaming industry.
Google's failure to garner a substantial user base for its Stadia cloud gaming service highlights the challenges in the cloud gaming industry. This could potentially impact investor sentiment towards companies in this industry.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Google's failure to garner a substantial user base for its Stadia cloud gaming service highlights the challenges in the cloud gaming industry.
Google's failure to garner a substantial user base for its Stadia cloud gaming service highlights the challenges in the cloud gaming industry. This could potentially impact investor sentiment towards companies in this industry.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Netflix's transformation of the television and film sectors through streaming is seen as a model for Ubisoft's plans in the gaming industry.
Netflix's transformation of the television and film sectors through streaming is seen as a model for Ubisoft's plans in the gaming industry. However, this news does not directly impact Netflix's stock.
CONFIDENCE 80
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Microsoft's partnership with Ubisoft for cloud gaming could boost its presence in the gaming industry.
Microsoft's partnership with Ubisoft for cloud gaming could potentially boost its presence in the gaming industry. This could lead to increased revenues for Microsoft in the long term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Ubisoft's partnership with Microsoft for cloud gaming could reshape the gaming landscape and boost its presence in regions outside Europe and the U.S.
Ubisoft's partnership with Microsoft for cloud gaming could potentially boost its presence in regions outside Europe and the U.S., where traditional console gaming hasn't gained a strong foothold. This could lead to increased revenues for Ubisoft in the long term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100