Ubisoft has announced the creation of a new subsidiary dedicated to its main intellectual properties, including Assassin's Creed, Far Cry, and Rainbow Six, fueled by a €1.16 billion investment from Tencent. With Tencent owning a minority stake, the subsidiary aims to enhance the quality of its major franchises, integrate social features, and create engaging online ecosystems. The initiative seeks to address Ubisoft's declining share prices and aims to revitalize its financial health while retaining control over this new entity, primarily based in France with teams around the world.
"Backed by greater investment and boosted creative capacities, it will drive further increases in quality of narrative solo experiences, expand multiplayer offerings…"
"The subsidiary will focus on building 'truly evergreen and multi-platform' game ecosystems around the company's biggest franchises."
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