240°

Ubisoft Forms Subsidiary for IPs Like AC & Far Cry With €1.16 Billion Tencent Investment

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.

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Community27d ago
Obscure_Observer27d ago

And there go the hopes of those who expected Ubisoft to disappear.

PanicMechanic27d ago

Assassins creed shadows is in the top 5 best games released this generation

Levii_9227d ago

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.

PrecursorOrb27d ago

Yup right there with Veilguard and Forspoken

PanicMechanic26d ago (Edited 26d ago )

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)

goken26d ago

IMHO It’s struggles getting into the top 5 AC games.

26d ago
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Christopher27d ago

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.

BISHOP-BRASIL26d ago

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).

Inverno27d ago

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.

Profchaos26d ago

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

26d ago
Profchaos26d ago

They just sold a quarter stake to Tencent how does this end well for them

Obscure_Observer26d ago

"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.

goken26d ago

Why would someone hope for Ubisoft to disappear anyway?

raWfodog26d ago (Edited 26d ago )

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.

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pwnmaster300027d ago

China is taking over everything lol

Trilithon27d ago

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...

S2Killinit26d ago

Unfortunately that is the world we live in. Mega rich rule everything.

MocBistro26d ago

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.

lukasmain26d ago

"Get rid of long running IPs.... except for Heroes of Might and Magic??"

lol

MocBistro6d ago

I said "running" last homm game was 10 years ago.

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80°

Ubisoft Is Up to Its Old Web3 Tricks Again With Might & Magic Fates

Ubisoft has announced Might & Magic Fates, a blockchain-infused free-to-play card game that's launching on mobile devices at some point in the future.

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490°

Xbox Game Pass downgraded from killer app to ‘just another option’

Xbox boss Phil Spencer suggest Xbox Game Pass is no longer as important to the business as it once was.

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XiNatsuDragnel6d ago

I am not surprised imo because it felt like that for awhile.

S2Killinit4d ago

Truth is that it was always sort of a lie. You were getting a couple of “day one” per year but they had trained people to think they were going to get all games day one.

GhostScholar4d ago

That is just false. It was never even eluded to that any games other than first party would be day one. Also it’s only April and we’ve already got more than “a couple” day one games.

TheEroica4d ago

What a misinformed comment... As bad a take as I've read in a while.

InUrFoxHole4d ago

Cmon guy. You really believed all games were coming day one when they've always said 1st party only?

S2Killinit4d ago (Edited 4d ago )

They did it really carefully, i didnt say they ever said “all games are day one” but they created an impression like that was the case. For instance nowhere did people actually see a list of day one games in articles or from MS’s mouth, but they kept saying “all first party” as if the number of day one games was something amazing. Truth is that they were getting a couple of games per year max on average. (Not sure what its like now)

@GhostScholar
Again, not sure what you got this year. But honestly is it even remotely worth it? Also, they get “day ones” on PSPlus as well, just not first party, and they are not paying $20/month for it.

FinalFantasyFanatic4d ago

It's not like they could do any differently, it takes a lot of money to keep the Gamepass monster fed, to put the majority of games on there day one is just going to drain too much money. They may have considered it at one point to try and kill off Playstation/Nintendo, but it's not a viable long-term strategy.

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Fishy Fingers6d ago

That's an interesting way to interpret it I suppose.

6d ago
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70°

Unmourned is a new horror title made by 2 brothers from Greece

Codebros Studio comes from Thessaloniki Greece and presents us with their new horror game Unmourned which you can check out now on Steam.

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