US EditionUbisoft and Tencent Form Vantage Studios, a New Subsidiary Responsible for the Development of Assassin's Creed, Far Cry, and Rainbow Six
Vantage Studios, employing 2,300 staff, aims to revitalize Ubisoft's flagship franchises with greater developer autonomy following Tencent's $1.25 billion investment, part of Ubisoft's restructuring.
- This year, Ubisoft and Tencent created Vantage Studios to develop Assassin's Creed, Far Cry and Rainbow Six, unveiling the name on the studio's first day after an employee vote.
- Facing several high-profile failures, Ubisoft reorganised its largest IP under a new label after weaker sales, layoffs, studio closures and a 1.16 billion Tencent investment earlier this year.
- Staffing-Wise, Vantage pulls roughly 2,300 people from Montréal, Quebec, Sherbrooke, Saguenay, Sofia and Barcelona and will be led by co-CEOs Christophe Derennes and Charlie Guillemot, son of Yves Guillemot.
- A company statement says Vantage will give developers more hands-on control, with Vantage Studios taking on development and expansion while operating under a decentralised model, Ubisoft said.
- With Tencent taking a 25% stake, Vantage operates under advisory partnership terms, and Ubisoft said it is the first of several planned creative houses in a broader transformation.
33 Articles
33 Articles
Ubisoft and Tencent form Vantage Studios, a new subsidiary responsible for the development of Assassin's Creed, Far Cry, and Rainbow Six
Ubisoft has launched Vantage Studios, a new subsidiary that will lead the development of its biggest franchises, Assassin's Creed, Far Cry, and Rainbow Six.
The subsidiary, created with Chinese group Tencent, includes teams based in Montreal, Quebec City, Sherbrooke and Saguenay.
Assassin's Creed, Far Cry and Rainbow Six Now Operated by Vantage Studios, Ubisoft and Tencent's New Business Group With Full Autonomy on Creative Direction and Business Plans
Ubisoft's three biggest franchises — Assassin's Creed, Far Cry and Rainbow Six — are now run by Vantage Studios, a separate entity formed by Ubisoft with a 25 percent stake from Chinese giant Tencent.
In the wake of the privatization of Electronic Arts, Ubisoft formalizes the creation of a new subsidiary, the Vantage Studios, which will bring it closer to the Chinese technology giant Tencent and give it more creative margin for its flagship titles, including Assassins Creed, Rainbow Six and Far Cry.
Vantage Studios will be the name of the new entity of Ubisoft whose creation, in partnership with Chinese giant Tencent, was announced six months ago.
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