Tencent's online gaming division earned $1.8 billion in Q2 2014, making it more than 50% of Tencent's overall revenue. But the majority of it is still being generated by PC, not mobile games. Charts and specifics within.
Swedish Arrowhead is behind the successful game Helldivers and made a profit of 729 million kronor last year after its latest launch. In addition, Chinese Tencent has bought just over 15 percent of the shares at a valuation of just over 5 billion.
Admin note: If you get "can't translate" error, just refresh.
Ubisoft has created a subsidiary company based on its Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six brands, with a €1.16 billion (approx. $1.25 billion) investment from Chinese megacorp Tencent.
It’s definitely one of the games of all time. One of the games that i’ll try out when it’s free on PS plus which is probably gonna be sooner rather than later, or pick it up when it’s 10 bucks. And all that still is a big maybe.
Im being sarcastic, I wouldn’t touch this slop with a ten foot pole. But apparently Assassins Creed is now all of a sudden the franchise we need to defend with our lives online. I’m simply just summarising the online sentiment around this game and reporting it back to you guys here
It’s the Feudal Japan Assassins creed game we all dreamed about 10 years ago and it’s a massive success, who cares if the story sucks ass (online sentiment)
To be fair, this feels a lot like a preventive measure to ensure the survival of their IPs and help with funding of them via outside support while also giving up part of the profits. While these games aren't going away, this isn't a good sign for Ubisoft to have to make these deals.
THIS. That smells like asset protection, won't surprise me one bit if it turns out Yves and his brothers are named personally along with Ubisoft and Tencent as beneficiaries of this joint venture, so they can retain some control and/or profit participation for those IPs even if they were to loose control over Ubisoft (or, like, to stop such a move from happening as therein lies most of the value of the company)... I guess we could say the Guillemots are building a nest egg (I'll see myself out).
Bro no one ACTUALLY wants Ubi to disappear. They aren't actually any worse than every major publisher in the industry. That'd be horrible for way too many devs. It's just that their decisions don't give much hope that they'd stay in business.
Exactly people love Ubisoft they just want them to pull their head in and go back to the drawing board and bring back the classics like splinter cell
"They just sold a quarter stake to Tencent how does this end well for them"
Same way it ended well to Kadokawa which sold even more to both Sony AND Tencent.
Ubisoft still *owns* their IPs! They still are *independent*! They´d just managed and avoided any possible hostile takeover from EA or MS while retaining their IPs.
Analysts and the gaming market reacted positively to both AC Shadow´s launch and the new deal with Tencent as Ubisoft shares climbed more than 11%.
https://www.wsj.com/busines...
https://finance.yahoo.com/n...
But hey, don´t let me stop you from your doom and gloom narrative.
I enjoy most Ubisoft games so I'm hopeful for future plans. Looking forward to the next Division game.
Hopefully, China's involvement will improve their IP development going forward.
tencent already owned 11% of ubi along with 599 other companies. I did not know they owned 100% of RIOT games however. they have their hands in a lot of cookie jars...
Maybe it's time for them to get rids of all the long running IPs and actually start being creative. I still have hopes for the new Heroes of Might and Magic game.
Tencent might save and fix Ubisoft's current problems, but it might come at the cost of excess microtransactions, data collection tactics, and censorship, which brings a whole new set of problems.
Let them get Ubisoft better then them going under.
And Tencent is not bad when it comes to western Dev they going to let them continue doing what have been.
Really? I only know of quantic dreams being bought by tencent, since then i’ve not noticed anything new from them on console.
Care to share what you know?
Um… can someone point something that amazingly standout coming from Al that Tencent had their hands in?
I suspect Xbox console will disappear sooner or later, and we will get a chinese console in the next few years...
100% especially since China now sees video games as projection of power they will do something to capture the southern world
Errr… just because someone in china made 1 good AAA game?
I think they are still SUPER far from any sort of dominant position. But due to the relative low cost to make BMW, (despite it’s great production valves) it may be possible funds may pour into the Chinese game development sector. But still it’s ways off at the moment.
Anyway i doubt the Chinese will see this as power projection, more cultural projection and influence probably
Scary thought.
Not sure how anyone competes with that.
It would likely be affordable and very powerful, though quality could be an issue. You can only pretty much compete if you have hefty tariffs to drive up the cost, but I don't see that happening
witness the power of League of Legends!
$1.8 BILLION
laugh at micro-transactions no more.
Tencent, Valve, Blizzard, and Nexon all reap a Billion dollars yearly off of PC Gaming.
wow