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Ubisoft names co-CEOs for new subsidiary to lead Assassin's Creed, Far Cry franchises
Ubisoft names co-CEOs for new subsidiary to lead Assassin's Creed, Far Cry franchises

Time of India

timea day ago

  • Business
  • Time of India

Ubisoft names co-CEOs for new subsidiary to lead Assassin's Creed, Far Cry franchises

Ubisoft has appointed Christophe Derennes and Charlie Guillemot as co-CEOs of its new subsidiary, marking a significant step in the company's strategy to transform three of its most valuable franchises into billion-euro properties. The subsidiary, first announced in March, will focus exclusively on developing Assassin's Creed , Rainbow Six , and Far Cry into "evergreen, multi-platform game ecosystems" with backing from strategic partner Tencent . The Chinese tech giant's investment is expected to complete by the end of 2025, pending regulatory approval. Derennes brings 35 years of Ubisoft experience, having co-founded the Montreal studio in 1997 and most recently serving as Managing Director for North America . His operational expertise spans major game launches and production strategy across the company's portfolio. Guillemot represents a new generation of gaming leadership, combining entrepreneurial experience with deep industry knowledge. After starting at Owlient, a studio later acquired by Ubisoft, he co-founded Web3 gaming studio Unagi in 2021 before returning to Ubisoft in 2025. His approach emphasizes gameplay-first design and player-centric decision-making. The new subsidiary structure aims to give development teams greater autonomy and agility in creating next-generation player experiences. This organizational shift reflects Ubisoft's broader strategy to build sustainable, long-term franchise ecosystems rather than traditional single-game releases. AI Masterclass for Students. Upskill Young Ones Today!– Join Now

Ubisoft announces the co-CEOs of the new subsidiary focused on its biggest games.
Ubisoft announces the co-CEOs of the new subsidiary focused on its biggest games.

The Verge

time3 days ago

  • Business
  • The Verge

Ubisoft announces the co-CEOs of the new subsidiary focused on its biggest games.

Ubisoft announces the co-CEOs of the new subsidiary focused on its biggest games. Christophe Derennes and Charlie Guillemot will lead the group, which is 'dedicated to bringing the Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six franchises to their full potential,' Ubisoft says. Tencent will have a 25 percent stake in the entity, and the creation of the subsidiary is 'progressing well.'

Ubisoft Names Co-CEOs of Tencent-Backed Subsidiary
Ubisoft Names Co-CEOs of Tencent-Backed Subsidiary

Wall Street Journal

time3 days ago

  • Business
  • Wall Street Journal

Ubisoft Names Co-CEOs of Tencent-Backed Subsidiary

Ubisoft UBI 0.81%increase; green up pointing triangle Entertainment appointed two co-chief executives to lead a new subsidiary that the Assassin's Creed maker is creating with financial support from Chinese internet giant Tencent Holdings 700 -0.19%decrease; red down pointing triangle. The French videogame group said Christophe Derennes and Charlie Guillemot would take the helm of the new business that is set to include the teams behind the Assassin's Creed, Far Cry and Tom Clancy's Rainbow Six franchises. The unit will also house any new games under development or to be developed.

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