Ubisoft Create New Subsidiary With Tencent Focused On Three Of Its Biggest Franchises

Game publisher Ubisoft is creating a new subsidiary company with a large investment from Tencent to focus on three massive franchises. Fresh off the release of Assassin’s Creed Shadows, which is purportedly the second-biggest launch in the franchise’s history, the company is obtaining external investment to potentially combat its prior issues before the launch of Shadows, such as layoffs, underperforming games, and a record-low stock share price, and this new subsidiary’s focus is quite narrow.