Tuesday, June 21, 2016

News::The hostile takeover of 'Watch Dogs' studio Ubisoft continues

Ubisoft, the studio behind Assassin's Creed, Watch Dogs, South Park, Rabbids and plenty of other off-the-wall franchises, is slowly losing itself. The company is being swallowed up by Vivendi, the entertainment conglomerate responsible for Universal Music Group and Dailymotion, among other ventures. Vivendi has been buying Ubisoft stock with the goal of securing a seat on the studio's board, and it now controls 20.1 percent of Ubisoft shares and 17.76 percent of its voting rights. The latest stock purchase comes just days after E3 ended on June 16th.

Source: Game Informer



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