Key Takeaways
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- Vantage Studios, a joint venture between Ubisoft and Tencent, has been launched to oversee major Ubisoft franchises such as Assassins Creed, Far Cry, and Tom Clancys Rainbow Six.
- The new entity will operate from multiple locations including Montreal, Quebec, Sherbrooke, Saguenay, Barcelona, and Sofia, with Christophe Derennes and Charlie Guillemot serving as co-CEOs.
- Tencent invested €1.16 billion ($1.25 billion) for a 25% stake in Vantage Studios, valuing the new company at €4 billion, but creative and commercial decisions will primarily be made by Ubisofts leadership.
- The goal of Vantage Studios is to provide creation teams with greater control over their brands, enabling them to respond more swiftly to player demands and operate with less interference from Ubisofts main headquarters. Franchises like The Division and Ghost Recon will continue to operate independently outside of this new subsidiary.
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Ubisoft and Tencent Launch Vantage Studios to Empower Franchises with More Creative Control
Ubisoft and Tencent’s joint venture, Vantage Studios, officially launched and began operations on October 1st. According to VGC, co-CEOs Christophe Derennes and Charlie Guillemot lead the new company. Employees themselves chose the name Vantage Studios through a vote; it was previously known as Nova. Vantage Studios will oversee major Ubisoft franchises including Assassin’s Creed, Far Cry, and Tom Clancy’s Rainbow Six. Its teams will operate from Montreal, Quebec, Sherbrooke, Saguenay, Barcelona, and Sofia. Tencent acquired a 25% stake in Vantage Studios, contributing €1.16 billion ($1.25 billion) and valuing the new entity at €4 billion. While Tencent will advise, creative and commercial decisions ultimately rest with Guillemot and Derennes. The venture aims to grant creation teams greater control over their brands, enabling them to respond more quickly to player demands with less interference from Ubisoft’s main headquarters. Franchises such as The Division and Ghost Recon will continue to operate independently, outside of this new subsidiary.
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