Ubisoft Entertainment SA’s founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to boost the French video-game company’s value, people familiar with the situation said.

Ubisoft Entertainment has delayed the launch of its much-anticipated title “Assassin’s Creed Shadows” and has “appointed advisors to review strategic options to extract the best value for stakeholders.

The chaos of the TikTok ban is currently unfolding across the US with the app banned either temporarily or permanently depending on how all this plays out.

Ubisoft and Tencent are said to be "evaluating which assets to include" in a potential new venture. A new report may contain fresh clues about the apparent partnership between Ubisoft and Tencent, Ubisoft's fortunes continue to slide and the company looks for a way forward.

A new report claims that Ubisoft and Tencent are currently considering a new venture that could result in Ubisoft being broken apart.

Tencent and Ubisoft’s founding Guillemot family are considering the creation of a new venture containing some Ubisoft assets, it’s claimed.

Ubisoft's current strategies call for 'significant cost reductions,' new review to investors shows depth of the French publisher's new potential plans.

Ubisoft confirms it is exploring "transformational strategic and capitalistic options" to help turn things around.

Ubisoft’s broad portfolio of games, development studios, and intellectual properties presents a unique opportunity for both parties. Tencent’s experience in expanding Chinese game offerings internationally, coupled with its growing investments in global gaming companies, could prove beneficial for the venture’s growth and long-term success.

In an emergency conference call today, investors grilled CEO Yves Guillemot and CFO Frederick Duguet for answers on Ubisoft's troubled financials, continued cost cuts, and ongoing rumors the company was preparing for a sale to gaming giant Tencent.

According to Bloomberg, Tencent and Ubisoft's founder, the Guillemot family, are planning to move Ubisoft assets to a new venture as a way to boost the company's value.

Chinese conglomerate Tencent and Ubisoft's founding Guillemot family are reportedly considering a new venture using a foundation of Ubisoft assets.