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Ubisoft and Tencent considering buyout, taking the company private - report
(www.eurogamer.net)
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this post was submitted on 04 Oct 2024
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Well, Ubi is piece of shit nowadays, so it wouldn't be such a loss in this regard. But hell, no more monopoly pls, tencent is huge enough already...
Taking it private just means taking it off the stock market (the news of it possibly going private has already cause the share price to spike).
Honestly, public trading of games companies sucks anyway and is what drives all the shit you see from the likes of EA, Take Two, Roblox etc.
Under private control, and less drive to bleed every drop of value out of every property might mean we can get classics like Beyond Good and Evil again.
Well, technically yes, but not under Tencent. These guys will squeeze Ubisofts balls even harder than shareholders do. All stuff that went under Tencent got worse or at least that's what I remember.
I mean, RIOT has been under Tencent for years at this point and they are mostly doing the same things they did back when they were independent. Only thing you could say that they probably changed is to focus even more on making "cute characters" that sell really well.
I'm not that informed on LOL, stopped playing it like decade ago, but isn't it what I just said? More push on monetization. Might be subtle, but still it's there.