Ubisoft launches its new Tencent-backed subsidiary
Briefly

Ubisoft launches its new Tencent-backed subsidiary
"In July, Ubisoft named the new subsidiary's co-CEOs: Christophe Derennes and Charlie Guillemot. "Our focus is on evolving Ubisoft's operating model to bring more focus, more autonomy and more accountability to the teams so they can stay closely attuned to our players," Guillemot said at the time. "Decision making will be quicker, and it will also be easier to pivot when we need to change course.""
"Ubisoft's announcement today reflected that language. The idea is to give its developers "a higher level of autonomy" at Vantage and future studios. It wants the new structure to enable "a shorter pathway between gathering and implementing player feedback." Vantage is the only creative house the parent company has announced. The company will set up future ones "under the banner of a shared DNA and development expertise." However, it's unclear what other creative houses will work on, with Vantage taking over Ubisoft's bread-and-butter franchises."
Ubisoft launched Vantage Studios as the first of its new "creative houses," assigning the studio responsibility for Assassin's Creed, Far Cry and Rainbow Six. Tencent provided a €1.16 billion ($1.36 billion) investment and holds a minority stake, with the company expected to act in an advisory role. Ubisoft named Christophe Derennes and Charlie Guillemot as co-CEOs. The reorganization aims to give developers greater autonomy, faster decision-making and a shorter pathway to implement player feedback. Vantage's staff will be distributed across Ubisoft offices in Montréal, Quebec City, Sherbrooke, Saguenay, Barcelona and Sofia.
Read at Engadget
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