Ubisoft Makes Major Deal That Will Focus On Three Game Franchises
Ubisoft has announced a major change to its organization as it looks to the future, as the company has created a new "dedicated subsidiary" focused on three main franchises: Assassin's Creed, Far Cry, and Rainbow Six. Tencent is investing €1.16 billion ($1.25 billion USD) to take a minority stake (about 25%) in this new subsidiary.Ubisoft said the parts of its business that are not included in this new entity, including The Division and Ghost Recon, along with development of certain new IP, will continue in parallel. However, it's unknown to what extent these changes could result in potential layoffs or studio closures."This new subsidiary will focus on building game ecosystems designed to become truly evergreen and multi-platform. Backed by greater investment and boosted creative capacities, it 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," Ubisoft said.Continue Reading at GameSpot

Ubisoft has announced a major change to its organization as it looks to the future, as the company has created a new "dedicated subsidiary" focused on three main franchises: Assassin's Creed, Far Cry, and Rainbow Six. Tencent is investing €1.16 billion ($1.25 billion USD) to take a minority stake (about 25%) in this new subsidiary.
Ubisoft said the parts of its business that are not included in this new entity, including The Division and Ghost Recon, along with development of certain new IP, will continue in parallel. However, it's unknown to what extent these changes could result in potential layoffs or studio closures.
"This new subsidiary will focus on building game ecosystems designed to become truly evergreen and multi-platform. Backed by greater investment and boosted creative capacities, it 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," Ubisoft said.Continue Reading at GameSpot