Ubisoft bosses mulling over company split and spin-off

As Ubisoft struggles to improve its share price, the company has been quietly evaluating all options behind the scenes, from selling off IP to a potential full company buyout. According to the latest reports, the current idea being floated behind the scenes is a spin-off move that will see Ubisoft split up into a new holding group. 

According to sources speaking with Bloomberg, Ubisoft is considering forming a new entity, one that would serve as the new home for major Ubisoft IP like Assassin's Creed. Ubisoft has apparently contacted suitors to bid for a minority stake in the new company, including Tencent, which already has a sizable stake in Ubisoft.

According to the report, Ubisoft is looking to have a selection of bids to look through by the end of the month. However, no final decisions have been made at this stage, so plans could change or be scrapped entirely. We also recently learned that Ubisoft has held discussions with companies like Microsoft and EA regarding potential IP acquisitions.

Ubisoft is likely waiting to see how Assassin's Creed Shadows performs at launch before making any final decisions on its future.

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KitGuru Says: It seems that at this stage, unless Assassin's Creed Shadows is able to break revenue records, there are going to be major changes at Ubisoft this year and those changes will likely involve more job losses, project cancellations and studio closures. 

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