Tencent, Ubisoft
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Ubisoft is spinning off some of its top franchises, including “Assassin’s Creed,” “Far Cry” and “Rainbow Six” into a new subsidiary.
From Variety
Assassin’s Creed Shadows allows players to build a home base at the Hideout, where they can also gather allies to assist them in completing missions and successfully navigating combat.
From The Escapist
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Right After Assasssin’s Creed Shadows’ Launch, Ubisoft’s New Subsidiary Could Change EverythingThe Assassin's Creed franchise may be about to change in big ways due to some behind-the-scenes moves at Ubisoft concerning the series' future.
Ubisoft management seems unsure on what exactly will happen as a result of the Tencent deal, and employees are concerned about more layoffs and cuts.
Ubisoft announced Tencent has invested €1.16 billion ($1.25 billion) for a minority stake in a newly created subsidiary that will spearhead the development of its three biggest franchises going forward: Assassin’s Creed, Far Cry, and Rainbow Six.
Shadows is one of the top five best-selling games in the US this year. However, that's not enough to protect Ubisoft from stock market declines.
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Assassin’s Creed,” “Far Cry” and “Rainbow Six Siege” will lead IP portfolio for new Ubisoft company amid market rush for multimedia licenses
Ubisoft shares reversed gains in afternoon trade on Friday after rising as much as 12% earlier on plans to set up a subsidiary to house three of its popular video game franchises.
Ubisoft has announced that it has formed a partnership with Tencent to create a brand-new subsidiary housing their biggest games.
Tencent has invested $1.25 billion in a new Ubisoft operating division that includes the core games Assassin’s Creed, Far Cry and Tom Clancy’s Rainbow Six brands. Ubisoft, the French video game giant that has struggled to launch hits until its most-recent launch of Assassin’s Creed: Shadows,
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