Tencent and the Guillemot Family reportedly considering transferring select Ubisoft assets to a "new venture"

Tencent and the Ubisoft-founding Guillemot family, Ubisoft's founders, are reportedly considering forming a new venture and transferring some assets to increase its value and give both parties more control.

The details:

• According to a new Bloomberg report, the Ubisoft founders and the Chinese gaming giant intend to form a new entity with some of Ubisoft's existing IPs being moved to the venture. This would allow the Guillemots to maintain control of Ubisoft, while Tencent would gain more control over its assets by owning a stake in the new company.

• It is claimed that the two parties are currently evaluating Ubisoft's existing assets to determine which IPs will be transferred to the new company. However, it has not been revealed what will happen to the IPs that remain at Ubisoft or when a final decision will be reached. According to a report published last week by Insider Gaming, the commercial success of Assassin's Creed Shadows, which was recently delayed, will likely decide the company's future.

• Ubisoft's share price has fallen in recent years as a result of a string of poorly performing releases, layoffs, and live service shutdowns, leading the company to think of potential business moves that could increase its value. This includes selling the company to Tencent, but this idea was put to the side due to the Guillemot family looking to retain creative control. In a recent strategic update, the company stated it has now appointed advisors to "review and pursue various transformational strategic and capitalistic options."

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• Nintendo has omitted Retro Studios from the credits of Donkey Kong Country Returns HD despite the studio having developed the original Wii version.