Ubisoft announces the creation of a new subsidiary based on its Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six brands, saying this is a partnership with Chinese giant Tencent. This is in line with a rumor that emerged a couple of weeks ago which turned out to be spot-on. Ubisoft has been riding the struggle bus, and word is this deal adds a cool €1.16 billion ($1.25 billion USD) to its piggy bank:
Today, Ubisoft announced that it is accelerating its transformation by taking an important step in rapidly evolving its operating model with the creation of a dedicated subsidiary based on its Assassin’s Creed®, Far Cry®, and Tom Clancy’s Rainbow Six® brands. Following the formal and competitive selection process initiated by the Group earlier this year, Tencent’s will invest €1.16bn for a minority stake in the new subsidiary. This new subsidiary will focus on building game ecosystems designed to become truly evergreen and multi-platform. Backed by greater investment and boosted creative capacities, it will drive further increases in quality of narrative solo experiences, expand multiplayer offerings with increased frequency of content release, introduce free-to-play touchpoints, and integrate more social features.
VaranDragon wrote on Mar 28, 2025, 10:23:Yep, exactly. However, I'll die happy if they can at least hang on long enough to release The Division 3. Those are probably my favorite shooter games of all time.
Politics in Ubisoft's games is not the problem. The problem is shitty games. A string of mediocre, unexciting, play-it-safe, rinse-and-repeat ad nauseum games. Year, after year after year.
Beamer wrote on Mar 28, 2025, 11:11:
I think FC5 did well, but that game sucked. It's fun to look at my posting history, and how prior to 5 I was saying "I know it's a formula, but I haven't grown tired of it" to 5 making me say "I fucking hate this piece of shit." A lot of design decisions in that game made no sense and streamlined things to the point of having no merit or value (like how there were multiple weapons in each category, and upgrades, and none felt very meaningful. Such a missed opportunity. How do you make guns boring?)
Ubi, in general, is too stuck on franchises that set a template in the 2000s and haven't really done anything innovative since. But is that really just Ubi? What is EA doing? What is Activision doing? These big third party publishers have all kind of just gotten dull. They've all taken the approach Netflix does to movies - something big and shallow that no one will love but a lot of people will kind of enjoy, sort of.
MichaelT wrote on Mar 28, 2025, 09:43:
If you look at most articles about Ubi's problems they tend to point to the upper management as the problem. Poor decision making, trend chasing, etc. If the Ubi owners and senior management are still in place then this doesn't actually solve the issue at all. A ship with a bad captain is still a ship with a bad captain whether you sell the ship to another company or change out the entire crew, but leave the captain in charge.
This is just adding some much needed money to Ubi's bank so they can cut more costs (aka jobs) and have some money to throw at AC:S future expansions until they can get something else out. The problem with focusing on a single game is that after it is released and you get the initial set of money from sales, you have nothing to support you until your next game comes along. That appears to be what this is giving them.
Still AC isn't as great a series as it was before, even with Shadows. People got burnt out I think. Far Cry hasn't done well since FC4 and I have no idea about the other game. At this point none of Ubi's top IPs are that great anymore. If Tencent is planning to throw a bunch of games from these IPs onto the market then it'll just go down like Ubi's attempt at putting out an AC game every year. It might work for the first year but people will burn out after that.
This is a life support move to me. Giving Ubi enough time to let the senior execs get their money and then they'll sell and run.
MichaelT wrote on Mar 28, 2025, 09:43:
This is just adding some much needed money to Ubi's bank so they can cut more costs (aka jobs) and have some money to throw at AC:S future expansions until they can get something else out.
AlexSledge wrote on Mar 28, 2025, 07:27:
I’m willing to make the mental leap that if AC:S sold gangbusters the sale wouldn’t have proceeded.
This new subsidiary will focus on building game ecosystems designed to become truly evergreen and multi-platform.Translation: More micro-transactions?