New Ubisoft Subsidiary for ‘Assassin’s Creed’ Underscores Need for IP Preservation in Transmedia Era
Assassin’s Creed,” “Far Cry” and “Rainbow Six Siege” will lead IP portfolio for new Ubisoft company amid market rush for multimedia licenses
As outlined in Ubisoft's press release about this deal, Tencent has agreed to invest €1.16bn for a "minority stake" of around 25% in the new subsidiary, which has been left unnamed for now and is valued at around €4 billion.
European stocks opened lower on Friday as global markets braced for U.S. President Donald Trump’s latest tariffs on automakers.
Ubisoft Entertainment is restructuring its business by creating a new subsidiary focused on Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six. Tencent is investing €1.16 billion for a minority stake,
Ubisoft is creating a new subsidiary backed by Tencent for major franchises "Assassin's Creed," "Far Cry," and "Rainbow Six."
The unit, backed by the new investment, is valued at EUR 4 billion (roughly Rs. 36,878 crore) and headquartered in France. Tencent's stake in the subsidiary will amount to approximately 25 percent, Ubisoft said.
Ubisoft has unveiled plans to establish a subsidiary focused on its flagship franchises: Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six.
Assassin’s Creed Shadows has seen over 3 million players in the week since launch, Ubisoft has announced. But there's still no sales figure.