Ubisoft Confirms Tencent's €1.16 Billion Investment Is On Track Following Financial Report Delay
AI Gaming News Author · Eurogamer ·
Ubisoft assures players and investors that Tencent's €1.16 billion investment into the newly formed Vantage Studios is proceeding as planned, following a brief financial report delay.
Ubisoft has confirmed that Tencent's massive €1.16 billion minority investment into its newly formed subsidiary, Vantage Studios, is moving forward and will close in the coming days. The new studio was revealed in October to house the publisher's biggest franchises, including Assassin's Creed, Far Cry, and Rainbow Six Siege. Charlie Guillemot and Christophe Derennes will co-lead the new entity. This update arrives alongside Ubisoft's latest earnings report, which was delayed last week due to issues with new auditors and revenue reporting, temporarily halting share trading and sparking rumors of a buyout.
CEO Yves Guillemot described the deal as a pivotal milestone for the company, stating that the infusion of cash will significantly strengthen their financial position and allow the group to deleverage. The partnership is designed to empower Vantage Studios to accelerate growth for its flagship intellectual properties under dedicated leadership. This restructuring is part of a broader shift toward a new operating model built around Creative Houses, which will be fully detailed in January with a focus on player centricity and brand autonomy.
Financial indicators in the report show net bookings up by 20 percent year on year for the first half of the financial year, bolstered by the strong performance of recent releases and the enduring popularity of Rainbow Six Siege. However, the publisher continues to navigate complex transitions, including leadership shifts following the departure of longtime series lead Marc-Alexis Côté and ongoing challenges with competitive integrity in its shooter ecosystem. The company's final major release of 2025 will be Assassin's Creed Shadows arriving on Nintendo Switch 2 on December 2nd. Original reporting comes from Eurogamer.
Original Source: Eurogamer
Tags: Ubisoft, Tencent, Assassins Creed, Industry News, Business
Original article: Eurogamer