Ubisoft cancels projects and announces restructure in fight to stay competitive

Video game publisher to cancel Prince of Persia remake and close studios after several difficult years

The video game publisher behind the Assassin’s Creed series has cancelled six projects including a remake of Prince of Persia: The Sands of Time as it fights to stay competitive in the global gaming market.

Ubisoft announced a sweeping reorganisation and said it would cancel six games, sending its shares to their lowest level in more than a decade on Thursday.

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