Ubisoft Might Relinquish Some of Its IP to a New Venture to Boost Publisher's Value 1
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According to a new report, Ubisoft stakeholders Tencent and the Guillemot family are considering starting up a new venture and migrating some of the publisher's IP across.

Word comes from Bloomberg in a paywalled story that cites people familiar with the situation.

Apparently, the two entities are weighing up the possibility of starting up a new venture together that will house some of Ubisoft's existing franchises, relinquishing some control of those assets to Tencent.

As things stand, Tencent owns 9.99 per cent of Ubisoft's shares, while the founding Guillemot family owns 14 per cent.

The move would also be an attempt to increase the value of the beleaguered publisher, which has been declining in recent years thanks to a string of lacklustre releases among other setbacks.

No final decision has been made, and there's no word on what might happen to the IP that Ubisoft holds onto if this were to go ahead.

Ubisoft had an incredibly challenging 2024, with multiple projects failing to live up to sales expectations, such as Prince of Persia: The Lost Crown, Star Wars Outlaws, and XDefiant, which will be permanently shut down in a few months.

On top of that, Assassin's Creed Shadows has been delayed more than once, which will have affected Ubisoft's financials. It's now scheduled for March.

What do you make of this report? Should Ubisoft move some of its assets to a new entity and streamline things? Discuss in the comments section below.

[source bloomberg.com, via videogameschronicle.com]