What’s happened? Ubisoft has announced that Tencent will invest €1.16 billion in cash into a newly formed subsidiary, Vantage Studios, which will oversee Ubisoft’s major franchises like Assassin’s ...
Ubisoft has begun trading again this week and released a wealth of delayed information regarding its latest financial results. The company startled many with a sudden delay of earnings reports and the ...
In brief: After several years marked by game cancellations, layoffs, and underperforming releases, a brief earnings report delay and a temporary trading halt led analysts to fear the worst for Ubisoft ...
(Bloomberg) -- Ubisoft Entertainment SA said it will use money from a Tencent Holdings Ltd. investment to pay off debt after the video-game publisher breached a loan agreement because of its ...
Ubisoft has launched — and named — its Tencent-backed subsidiary. Vantage Studios is the first of the company's "creative houses" under a previously-announced reorganization. The new studio will ...
Ubisoft has announced the completion of Tencent's €1.16 billion investment in Vantage Studios, the division in charge of the Assassin’s Creed, Far Cry, and Rainbow Six franchises. Vantage Studios ...
Ubisoft's strange earnings results delay and week-long stock and bond trading halt was caused by the company's need to restate its fiscal year 2024-25 earnings results due to improper revenue ...
Ubisoft set to pay off some of its loans, €210m of which had been due next month. Ubisoft will resume trading today following a restatement of its fiscal 2025 reports, revised due to the recognition ...
Back in March, Ubisoft announced it would be creating a Tencent-backed subsidiary focused on its biggest franchises: Assassin's Creed, Far Cry, and Rainbow Six. Today, on its first day of operation, ...
TL;DR: Ubisoft is restructuring its business with Tencent's $1.3 billion investment, creating autonomous Creative Houses to manage major franchises like Assassin's Creed, Far Cry, and Rainbow Six ...
Tencent now holds a 26.32% economic stake while Ubisoft retains full control. Vantage Studios is built to drive billion-euro ecosystems for Assassin’s Creed, Far Cry, and Rainbow Six. The proceeds ...
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