A new report has revealed that Tencent Holdings Ltd. and the Guillemot family are trying to piece together a new venture built on a foundation of Ubisoft assets.
That’s according to Bloomberg (paywall), who reports that the consideration of creating a new venture would enable the Guillemot family to retain control of Ubisoft while giving Tencent more control over some of its assets under the new venture.
It’s said that Ubisoft is currently evaluating its assets to determine what could be moved to the new venture.
As already outlined by Ubisoft on January 9, the company has appointed advisors to review and pursue “various options to boost value.”
Speaking with our own sources, Insider Gaming has learned that no decision or direction has yet been reached and that the company is currently looking at its options and leaning one way or another. As already covered at Insider Gaming, the Guillemot family and Tencent are likely waiting on the release of Assassin’s Creed Shadows to determine the company’s fate.
Other avenues of saving the company have already included selling to Tencent. Still, the Guillemot family’s desire to regain creative control has seemingly stopped that avenue of direction, at least for now.
Ubisoft’s annual report shows that Tencent and the Guillemot family owned 25.4% of Ubisoft’s share capital and 29.6% of the voting rights.
Assassin’s Creed Shadows, following a second delay, will now be launched on March 20, 2025.
Ubisoft currently has some big hitters in development and set to release by the end of 2026, including Splinter Cell Remake, Far Cry 7, Assassin’s Creed Shadows, Assassin’s Creed Black Flag Remake, Assassin’s Creed Hexe, Ghost Recon Over, the Prince of Persia: Sands of Time Remake, and a few other smaller projects under big IP names. The Division 3, the Rayman Remake, another Assassin’s Creed Remake codenamed Stardust, another flagship Assassin’s Creed RPG, and Beyond Good and Evil 2 (which is now progressing well) are further out.
What do you think of Ubisoft potentially moving some of its assets to another company? Let us know on the Insider Gaming forum.
For more Insider Gaming coverage, check out the news that CS2’s ‘donk’ is already on fire in 2025
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