Murderer’s Creed studio Ubisoft is reportedly contemplating creating a brand new gaming-focused enterprise entity that can embrace a few of its core IP, together with the aforementioned Murderer’s Creed collection.
Per a Bloomberg report (which is behind a paywall), Ubisoft has contacted a few of its shareholders, together with Tencent, to see if they’ve any curiosity in buying a minority stake within the new enterprise.
Bloomberg, which cites “individuals acquainted with the state of affairs”, says that no last resolution has been made as but and that issues are nonetheless ongoing. If this report is true, although, it is most likely a part of Ubisoft and its shareholders’ ongoing exploration of choices relating to what has been a reasonably tough time for the studio lately.
Again in September, Ubisoft introduced it was delaying upcoming flagship RPG Murderer’s Creed Shadows, and as a part of the identical report during which the delay was revealed, the corporate additionally acknowledged that open-world recreation Star Wars Outlaws had underperformed.
Following that announcement, an activist Ubisoft shareholder known as for “strategic and structural change” on the firm, and Ubisoft’s woes continued to mount with worker strikes, an information coverage lawsuit, and, uh, a bizarre NFT recreation launch.
As a part of its fiscal report for the primary half of final 12 months, Ubisoft revealed it was successfully hemorrhaging cash, and the studio would go on to close down FPS XDefiant and shut down three of its places in an effort to chop prices.
Whether or not or not the brand new enterprise would resolve any of those issues stays to be seen, nevertheless it looks like an try to spin off the extra profitable parts of the enterprise so as to drum up curiosity and worth.
As for what impact the brand new entity would have on Ubisoft’s technique almost about its video games, that continues to be to be seen. In any case, let’s not overlook Ubisoft hasn’t formally confirmed this transfer, nor has it been finalized in accordance with Bloomberg’s sources. Keep tuned for extra.