Ubisoft reportedly pondering fresh exchange to contain Assassin’s Creed and totally different enormous franchises, co-owned by others like Tencent
By Ubisoft is considering the establishment of a new business unit, partially owned by distribution airlines, that would encompass its renowned online game franchises.
This information aligns with a recent Bloomberg report, which states that Ubisoft investor Tencent is being evaluated for a minority interest in the new venture.
The transaction would likely include lucrative titles such as Assassin’s Creed, Rainbow Six, and Far Cry. These franchises would then be under the ownership of this new entity, instead of Ubisoft directly.
According to the Bloomberg report, this business strategy could lead to Ubisoft’s new entity being valued higher than the main company at this time. Meanwhile, the primary Ubisoft corporation would continue to be under the control of its founding Guillemot family – a point that has reportedly caused friction in discussions regarding Ubisoft’s direction in the past.
Earlier this year, Ubisoft announced it was conducting a strategic review to realign the business, following years of declining stock prices and a series of unremarkable game releases – notably the significant budget-driven release Star Wars Outlaws.
The company’s next major gamble, Assassin’s Creed Shadows, has been postponed twice to ensure it launches next week in optimal condition.
At the same time, Ubisoft has frequently reduced its workforce across the industry, and has shut down several studios – including its Leamington team based in the UK. Overall, the company has decreased its total workforce from 20,279 employees in 2022 to 18,666 in September 2024, before its latest round of layoffs.
“As we indicated during our Q3 earnings call, the exploration of various transformational strategic and financial options is ongoing,” a Ubisoft representative told Eurogamer this week.