>Pressure from activist investorFollowing the decision to delay its upcoming Assassin's Creed game, AJ Investments, an activist investor with a less than 1% stake in Ubisoft, said that it was working with other shareholders in the company to push the French firm to sell itself to private equity firms or to Chinese gaming giant Tencent.
>Tencent owns a roughly 10% stake in Ubisoft.>In an open letter last week, AJ Investments said it had gathered the support of 10% of Ubisoft shareholders for its pressure campaign, adding that it intends to cooperate with proxy advisory firms in preparation for voting at the company's next general meeting. CNBC could not independently verify this figure.>"We have talked to industry experts as potential boards members and executives to replace current management and realise our strategy targets, we will propose our candidates due time," AJ Investments said.Good, Yves Guillemot and Ubisoft must be punished.
>https://www.cnbc.com/2024/10/01/assassins-creed-maker-ubisoft-ubi-faces-questions-over-its-future.htmlThe second video game market crash is slowly but surely gonna happen in 2025
