French-headquartered publisher and developer Ubisoft has revealed holiday revenue up 13% year on year, noting that some holiday titles "did not meet the required quality levels", and also revealing a delay to I Am Alive and a new upcoming iteration in the Assassin's Creed franchise. Overall, sales for the quarter ended December 31st were EUR 508 million ($737 million), up 12.9 percent compared to the same period of 2007-08.
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"The success of Assassin's Creed may help Ubisoft fend off an EA takeover by increasing the company's value."
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Ubisoft announced today it has reached an agreement with Mr. Tom Clancy to acquire all intellectual property rights to the Tom Clancy name, on a perpetual basis and free of all related future royalty payments, for use in video games and ancillary products including related books, movies and merchandising products.
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Valve announced today that Ubisoft will be using the company's Steam digital distribution service and plans to add over 40 other titles from its repertoire soon. Assassin's Creed can be pre-purchased for $50 before its April 9 launch. In the coming weeks Ubisoft will add many more games from the Tom Clancy and Heroes of Might & Magic series. Valve says that the Ubisoft line-up on Steam will be the largest of any publisher using the service.
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Ubisoft has raised guidance for the current financial year from €875 million to €920 million for the full financial year, and announced that Rainbow Six Vegas 2 has sold 2 million units. "As expected, 2008 is off to be a record year for the videogame market and our games have performed remarkably well in this context," said Ubisoft boss Yves Guillemot.
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