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Ubisoft cancels projects and announces restructure in fight to stay competitive

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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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