Thread 723071260

>the company today announced the launch of Vantage Studios, the newly created "creative house" now responsible for some of Ubisoft's largest franchises: Assassin's Creed, Far Cry, and Rainbow Six. Led by Charlie Guillemot and Christophe Derennes,
So, Ubisoft plans to abandon its headquarters and focus on operating subsidiaries.
Is Ubisoft leaving the remaining part of its headquarters to fend for itself?


https://news.ubisoft.com/en-us/article/7GvucOgSm41HwFaXt2ADX1/ubisoft-launches-new-subsidiary-vantage-studios

>>723071260 (OP)
News from 2 weeks ago = antiquity

If I cared about your shitty articles I'd go to whatever website you copypasted this from.

>>723071260 (OP)
Whst happens to subsidiaries if the main company goes under? Also do they share debt?

>>723071260 (OP)
>AC did so well they had to whore out the whole IP to China
Lol, lmao even

They can split the company for all i care. What matters to me is the stupidly long timespan. Even if they announced any changes or games or whatever TODAY it would take years for anything to actually happen.

not buying any games made by ubisoft or its subsidiaries

>>723071260 (OP)
>https://news.ubisoft.com/en-us/article/7GvucOgSm41HwFaXt2ADX1/ubisoft-launches-new-subsidiary-vantage-studios
Classic "get rid of dead weight be opening new subsidiary"?
Cant fire people?
Start new firm and only allow handpicked employees there, while rug-pull old company (by moving IPs to a new firm)

>>723071409
SPBP

>>723071472
>Cant fire people?
French and Canadian labor laws do not permit you to do this.
However, you can declare bankruptcy.

>>723071628
>French and Canadian labor laws do not permit you to do this.
This is why ecactly this classic trick.
You build new studio as you like
Old studio is left no IPs and no job, they can do whatever, left to burn.

>>723071260 (OP)
>>723071372
It's not even 2 weeks. It's like months old, the only thing new is the name of the studio which is frankly totally irrelevant.

>>723071415
Afaik this new company is debt free in order to attract new investment. It's legal bullshit nobody really knows what happens if Ubisoft goes bankrupt.

>>723074303
most important new company is free from 20K of human garbage Ubisoft hired and who need to be paid.

>>723071415
>>723074303
I recall that Vantage Studios is a wholly-owned independent subsidiary.
Meaning that if Ubisoft were to go bankrupt, it would become an independent company and continue to exist.
Fuck it, they might as well just sell Ubisoft's Prince of Persia and Rayman IPs to Vantage Studios for a dollar too.
That way Ubisoft can just go die.

>>723076338
>Fuck it, they might as well just sell Ubisoft's Prince of Persia and Rayman IPs to Vantage Studios for a dollar too.
>That way Ubisoft can just go die.
That is the plan.

>>723077649
>>723076338
Yeah the entire plan is to make a company, where they still control all the valuable IPs, but also let people invest/buy up Ubisoft. The #1 thing for the family is to have the IPs

so what are the deadweight back in Ubisoft montreal, france and wherever else gonna do? make beyond good and evil 2?

>>723071260 (OP)
Did tencent make them do this?

>>723077872
it was part of the contract when tencent gave them an injection of funding so Ubisoft didn't start bankruptcy procedures

>>723077802
>so what are the deadweight back in Ubisoft montreal, france and wherever else gonna do?
Something like this
https://metro.co.uk/2017/06/02/naked-feminists-stage-screaming-protest-for-violence-against-women-6678932/
Screech, stomp their feet, blame patriarchy and demand government to bail them out.

>>723071260 (OP)
sneaky way to get rid of their debts

>>723071260 (OP)
That's so scummy and interesting at the same time. So if you want to trim the fat you can just open a subsidiary and move the healthy parts in it and let the main company die to save your skin? Crazy. The funniest part in all of this is that those french fuckers still retain complete control. I don't know how they do it, but they keep having Tencent help them out even though they are the reason why Ubi is a sinking ship. The fucking studio head is a nepo baby that has 0 experience leading a gaming studio.

>>723079438
>So if you want to trim the fat you can just open a subsidiary and move the healthy parts in it and let the main company die to save your skin? Crazy.
Duude its like basics of corporation world holdings structure and IPs juggling.
https://en.wikipedia.org/wiki/Apple%27s_EU_tax_dispute

>>723079057
what a waste of tax players money

>>723079438
>The fucking studio head is a nepo baby that has 0 experience leading a gaming studio.
>Charlie Guillemot
That's right. He is the son of Ubisoft CEO Yves Guillemot.

>>723079057
If I were the CEO of Ubisoft, I'd declare the company bankrupt and shut it down. How could I minimize employee severance pay?