Game publisher Ubisoft is creating a new subsidiary company with a large investment from Tencent to focus on three massive franchises. Fresh off the release of Assassin's Creed Shadows, which is purportedly the second-biggest launch in the franchise's history, the company is obtaining external investment to potentially combat its prior issues before the launch of Shadows, such as layoffs, underperforming games, and a record-low stock share price, and this new subsidiary's focus is quite narrow.
Ubisoft (via VGC) says Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six, three of the biggest IPs owned by the company, are going to be the focus points of this new subsidiary. Tencent spent approximately $1.25 billion to buy in and have a minority stake of around 25% in the company. Ubisoft says the new subsidiary, backed by Tencent’s investment, "will drive further increases in quality of narrative solo experiences, expand multiplayer offerings with increased frequency of content release, introduce free-to-play touchpoints, and integrate more social features." This new subsidiary is reportedly worth $4.3 billion USD (via IGN).
How exactly this new deal and subsidiary with Tencent will affect these three massive franchises isn't clear right now, and it brings...
