Is Assassins Creed Shadows too little, too late? Ubisoft is reportedly looking for big money backers to fund spin-offs for some of its biggest IP
Briefly

Ubisoft is reportedly seeking financial backers for a new business entity that will leverage its most popular intellectual properties, including Assassin's Creed. According to a Bloomberg report, the company is inviting bids for a minority stake, with Tencent as a potential investor. The valuation for this new venture may surpass that of Ubisoft itself. This major strategy shift appears aimed at maximizing the value of its assets, while distancing its successful franchises from negative past events. No confirmed decisions have been made yet as the company evaluates its options.
If accurate - this is Bloomberg we're talking about, which has a great track record, especially on this topic - it's a bold move from Ubisoft.
Ubisoft may be seeking a valuation of this new IP offshoot business that is "higher than the size of the main company's," according to their sources.
Read at VG247
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