Ubisoft and Tencent launch new subsidiary to supercharge Assassin's Creed, other franchises

Ubisoft Employees Fear Layoffs After Tencent Deal and New Subsidiary Formation

Ubisoft employees are rattled over the potential for mass layoffs—and they have every reason to be. On Thursday, Ubisoft announced it is forming a new gaming subsidiary in partnership with Chinese tech giant Tencent. The new entity will house the company’s most valuable franchises, including Assassin’s Creed, Far Cry, and Rainbow Six along with select development studios. While the press release spins this as the start of a “bold new chapter,” i…

Assassin's Creed's Next Game Could Be Its Darkest Yet

UbisoftAssassin’s Creed Shadows is making one heck of an impression in its first few weeks. The game has reached more than three million players, according to Ubisoft, making it the second highest debut in the series. It’s managed to maintain a solid critical score among critics, and is absolutely stunning to boot.But already waiting in the shadowy wings is the immediate sequel to the newest Assassin’s Creed. Tenetively subtitled Assassin’s Cree…

Ubisoft and Tencent launch new subsidiary to supercharge Assassin's Creed, other franchises

The goal is to transform these series into truly "evergreen, multi-platform" ecosystems built for the long haul. Ubisoft CEO Yves Guillemot framed it as a "foundational step" toward an "agile and ambitious" new operating model for the company's future.Read Entire Article

Assassin's Creed-maker Ubisoft's shares surge 11% on deal to spin off top game franchises

Ubisoft shares surged on Friday after the French video game publisher announced a deal to spin out some of its best-selling franchises.

Ubisoft upsets its future by creating a powerful subsidiary dedicated to Assassin's Creed, Far Cry and Rainbow Six, supported by a colossal investment of $1.25 billion signed Tencent. What impact will this strategic shift have on the video industry and other cult franchises of the publisher?

China's technological giant Tencent, one of the world's largest video game companies, has reinforced its presence in the industry with a new alliance with the company...