Discussion

• Gameranx Ryan Parreno on x

  Ubisoft Finally Decides To Make A New Subsidiary For Their Biggest IP, 25 % Owned By Tencent

• Pure Xbox Fraser Gilbert on x

  Ubisoft Shares Spike By 10% After Tencent Invests $1 Billion Into New Subsidiary

• @shinobi602 @shinobi602 on x

  Ubisoft is forming a new subsidiary company in partnership with Tencent. The subsidiary is valued at ~$4.3B and includes IPs like Assassin's Creed, Far Cry and Rainbow Six. Tencent is investing a 25% stake in the company. ➡️ https://www.investing.com/... [image]

• @tyminski_marek Marek Tyminski on x

  Big win for Ubisoft and Tencent. Strong move, strong partnership. Win-win.

• @destinlegarie Destin on x

  We all knew it was coming. I hope this adjustment means we get some of the games we've hoped for. Assassin's Creed, Far Cry, and Rainbow Six are now under a subsidiary with a 25% Tencent ownership.

• @_tom_henderson_ Tom Henderson on x

  Understandably, employee's are now nervous. In a follow-up email, Marie-Sophie de Waubert (Chief Studios & Portfolio Officer) said, “Hello everyone, I wanted to follow up immediately with all of you in Montreal, Quebec City, Sherbrooke, Saguenay, Barcelona, and Sofia after

• @kirscheverstahl @kirscheverstahl on x

  Hey remember that Tencent Director whose job is to assess companies for acquisition they tried playing off as a wholesome chungus small youtuber at the Game Awards? It's almost like there might be some sort of vested interest in making sure these companies tank their value [image…

• @realhypnotic1 @realhypnotic1 on x

  Ubisoft has officially sold its video game franchises and formed a new subsidary giving tencent 25% ownership and royalties. Ubisoft did so well with assassins creed shadows, they were still forced to sell. This new subsidary is already worth more than Ubisoft itself, with the [i…

• @grummz @grummz on x

  OId Ubisoft will still develop and publish it looks like. But now they pay a royalty to the new IP holding subsidiary. EDIT: Actually, articles states even dev teams are moving over to the new subsidiary...so that leaves Old Ubisoft with not much. If Old Ubisoft crashes, the

• @pirat_nation @pirat_nation on x

  Ubisoft and Tencent are officially teaming up to create a new subsidiary within the company. > Tencent will invest €1.16 billion to acquire a 25% stake in the new entity. >Contains Ubisoft's biggest gaming IPs like Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six. [image]

• @alegendarydrops @alegendarydrops on x

  Well, the debate is over, looks like they are going the THQ route.

• @khaliltooshort Kaida on x

  So it sounds like they're putting their IPs under a new company since the name Ubisoft is so tainted. Hopefully this allows others to take these great IPs and do them justice

• @vicious696 Parris on x

  if Im understanding correctly, Ubisoft protects their most valuable IPs while Tencent makes an investment in Ubi and gets a share of profit I think this is a good thing?

• @grummz @grummz on x

  It's important to note that old Ubisoft still owns the majority of the new subsidiary, and the value is consolidated into the parent. But it's still a neat move to increase value and have a sort of escape capsule ready of sorts.

• @anarseldain @anarseldain on x

  All they had to do was make a mediocre AC game set in Japan, without shoving woke nonsense down our throats. Instead, they made Johnny Somali Simulator - and now China owns a 1/4 stake in Assassin's Creed, Far Cry, and Siege. They literally want to lose everything.

• @hoeglaw Richard Hoeg on x

  So it's a kind of preemptory bankruptcy reorg for the benefit of old Ubi's creditors. This could work, but is not likely to be great for the operating infrastructure of old Ubi. I'll see if I can't give a more substantial talk on this soon but probably not today.

• @kudosonyt @kudosonyt on x

  So let me get this right: - AC, Far Cry and R6 are now in a subsidiary Ubisoft company backed 25% by Tencent (More investment for the top 3 franchises) - Main Ubisoft is still working on IPs such as Ghost Recon, The Division and new IPs So basically the strongest IPs are now [ima…

• @_rawrell @_rawrell on x

  Lol, lmao. There's a reason why Ubisoft keeps bragging about player numbers (massively inflated by their subscription service) instead of sales. This is for you Ubishills, you better start reading [image]

• @thehiddenoneac @thehiddenoneac on x

  I think this is a positive.  Full creative control still with bigger budgets, but I feel for the devs outside of the studios behind AC, Far Cry and R6.  This just sounds like they took their most succesful IPs and left all the rest behind...

• @grummz @grummz on x

  It didn't matter how well AC Shadows sold, because they already had a sweet deal lined up with Tencent to save the company...the sales just fixed the final price and wasn't too much of a swing. But it definitely sounds like Ubisoft will be doing a big re-org. Potential layoffs.

• @grummz @grummz on x

  Ubisoft sells off. All Assassin's Creed was doing was setting the sale price of the IP to the new subsidiary co-owned by Tencent. The deal was rumored to be pending before launch. This is how it works: 1) Create new subsidiary co-owned by both Ubi and Tencent. 2) Assign

• @alegendarydrops @alegendarydrops on x

  AAAA% happening. Too big, too many employees, too much management, and no shot Tencent would have agreed to the deal if it didn't involve that new subsidiary being substantially smaller. You're coping if you don't think names aren't already being checked off a list.

• @grummz @grummz on x

  It's a very slick move by Ubisoft to create an IP holding company (which isn't a listed public entity). Ubisoft likely wasn't even paid in cash for the IPs. Instead they received shares in the new company in trade for assigning the games over to it. The only cash came from [image…

• @mightykeef @mightykeef on x

  So Ubisoft lives on, as predicted. Tencent was never going to let it die out. The AC and Rainbow six IP's are worth too much. If you're wondering what this means for the consumer..well nothing lol. Ubisoft still has creative control of everything so to us it's just another day

• @geoffkeighley Geoff Keighley on x

  Ubisoft is spinning out its ASSASSIN'S CREED, FAR CRY and TOM CLANCY'S RAINBOW SIX franchises into a new subsidiary backed by Tencent. No word yet on what this means for other Ubisoft franchises or the company's approximately 19,000 employees. [image]

• r/Steam r on reddit

  Ubisoft forms a new €4Bn subsidiary with China's Tencent amid financial struggles

• r/GamingLeaksAndRumours r on reddit

  Ubisoft's Yves Guillemot's internal memo to employees on the new subsidiary

• r/Games r on reddit

  Tencent acquires 25% stake in Ubisoft's new gaming subsidiary

• r/GamingLeaksAndRumours r on reddit

  Ubisoft is forming a new subsidiary in partnership with Tencent. …

• r/assassinscreed r on reddit

  Embattled Ubisoft Forms Subsidiary for IPs Like Assassin's Creed, Far Cry and Rainbow Six With the Help of €1.16 Billion Tencent Investment

• r/technology r on reddit

  Ubisoft's $4 billion carveout sells Tencent a 25 percent stake in some of its biggest games |  Tencent will invest $1.3 billion …

• r/thedivision r on reddit

  Division franchise will not be sold to Tencent

• r/pcgaming r on reddit

  Tencent acquires 25% stake in Ubisoft's new gaming subsidiary

• r/BuyFromEU r on reddit

  Ubisoft Is Getting A $1.25 Billion Bailout From the Chinese Tencent. :((((

• r/gaming r on reddit

  Ubisoft Carves Out Top Games Unit; Tencent to Get 25% Stake