"Do you know the French ga company Ubisoft?" Wu Changxun asked.
"Of course I know." Chen Yiyang imdiately nodded.
Ubisoft is also known as the Potato Factory or the Can Factory.
The forr is because their online services are terrible dostically and often can’t be accessed.
The latter is because the gas produced by their company in recent years are increasingly similar, giving a canned feeling.
Additionally, there’s a joke that says: Why is EA considered the worst ga company in Arica? Because Ubisoft is in France.
Of course, once Ubisoft was quite brilliant, with gas that were not only full of innovation but also created nurous super classic IPs like Assassin’s Creed, Far Cry, Ghost Recon, Anno, and more.
However, entertainnt products require creativity and a constant influx of talent.
As Ubisoft grew into a large ga company, to keep the company alive, they started releasing annual products.
aning they released a new ga for many classic IPs every year.
In this situation, the ga designs inch towards conservatism, making it difficult for players to feel refreshed.
Moreover, after the company expanded, the production costs of gas beca very high, thus the ga prices rose as well.
As a result, Ubisoft’s reputation among players worsened.
A few years ago, when Ubisoft was almost maliciously acquired by another company, players generally supported Ubisoft.
But now, players hope Ubisoft would just hurry up and perish.
And the relationship between Tengxu and Ubisoft is that of a knight and a princess.
Ubisoft is the princess, while Tengxu, with a terrible dostic reputation, is the white knight.
Because back then, when Ubisoft faced malicious acquisition, it lacked the funds to resist.
And Tengxu directly helped with money without seeking control over Ubisoft.
This made the relationship between Ubisoft and Tengxu very good, with Tengxu basically monopolizing Ubisoft’s ga distribution and IP adaptation rights in Huaxia.
"Ubisoft hasn’t been doing well in business these years." Wu Changxun suddenly ca up with such a statent.
"Of course, wouldn’t Tengxu know if Ubisoft is doing well or not?"
Chen Yiyang imdiately said, "I rember a few years ago Tengxu increased its stake in Ubisoft, directly becoming Ubisoft’s second-largest shareholder when Ubisoft’s valuation was still eighty euros.
Because Ubisoft is a family business, Tengxu, to avoid worrying the Ubisoft family, signed an agreent not to interfere with Ubisoft’s internal operations, not to sell for five years, and not to increase holdings for eight years."
"Stop talking, stop talking." Wu Changxun hurriedly interrupted Chen Yiyang.
This investnt has now made Tengxu regret it beyond asure.
Because just two years after Tengxu invested in Ubisoft, the money invested now is enough to buy the whole of Ubisoft.
Moreover, up until now, Ubisoft’s stock price continues to fall.
Tengxu’s investnt was indeed a tragic loss.
And Ubisoft took this money from Tengxu and comfortably muddled through for several more years.
"Ubisoft has 17,000 global employees, while in comparison, Activision Blizzard has 10,000, EA has 11,000.
In the past few years, even when Activision Blizzard and EA were doing poorly, they earned more than Ubisoft, Ubisoft doesn’t cut excess employees, and the stock price will continue to fall."
"Anyone with clear eyes can see, but solving the problem precisely is the big issue."
Wu Changxun said, "Ubisoft knows that reducing employees can save expenses, but Ubisoft isn’t just a small company, it is the face of the French ga scene, and internally there are many organizations and associations.
Knowing there is a need to lay off is easy, but knowing which people to lay off isn’t easy at all. A careless mistake might lead to firing the essential workers, making it truly irrecoverable by then."
"Alright then." Chen Yiyang nodded.
"But after talking so much, why are you bringing up Ubisoft with ?" Chen Yiyang asked.
"For Tengxu, recouping the investnt in Ubisoft is now very difficult.
But Ubisoft still holds so valuable classic IPs, like Assassin’s Creed and such.
Tengxu and Ubisoft have discussed, and we’re planning to place these Ubisoft classic IPs separately into a joint company owned by Tengxu and Ubisoft, sharing the copyrights of these classic IPs."
"Well, that’s indeed a good idea."
Chen Yiyang nodded.
Ubisoft itself is clearly rotten.
Moreover, due to various networks, interest-related institutions, and associations, it couldn’t undergo reform, only waiting for a chronic death.
But if Ubisoft truly goes bankrupt soday, those classic IPs held by Ubisoft might be taken by creditors.
But if these classic IPs are separated beforehand and placed into a single company.
Even if Ubisoft eventually goes bankrupt soday, Tengxu won’t need to worry about these IPs being taken by creditors. Because Tengxu also owns half of these IP copyrights.
"Given the good relationship between Tengxu and Ubisoft, Ubisoft also accepted this suggestion from Tengxu.
But we encountered so minor difficulties during the actual operations. People within the French Governnt ca out to obstruct, saying this would result in the loss of classic French IPs to foreigners."
The actions of a large company often cannot be autonomously decided and require considering the governnt’s ideas.
For example, a certain short video platform initially intended to sell, but with the governnt’s interference, the control of this platform ultimately didn’t fall into foreign hands.
So officials within France think this way too.
Ubisoft can rot, but those classic IPs must stay in France.
"This ti in France, you helped Lin’an Caviar solve a big problem. It seems you have so unique connections in France.
So I just wanted to ask you if you could use your connections in France to help make this deal succeed?"
After Wu Changxun finished speaking, Chen Yiyang imdiately thought of Schaefer, who asked him to help improve the AI model Lucy.
If this matter could be used to negotiate with the French to have Ubisoft place classic IPs separately into a joint company with Tengxu.
It’s not impossible to imagine.
So Chen Yiyang directly asked Wu Changxun, "If I can help Tengxu solve this matter, what can Tengxu give ?"
"A batch of film investnt rights, or guaranteed first-round broadcasting purchase of your own investnt films by the Tengxu platform."
"Not quite feasible." Chen Yiyang shook his head and said, "There are a few influential people in France who owe a favor. They originally planned to repay with a battery recycling plant or a long-standing luxury fashion brand.
If I use this favor for Tengxu, the returns from Tengxu clearly don’t match the value of the favor."
Wu Changxun was absolutely surprised.
What Tengxu found incredibly troubleso actually seed solvable by Chen Yiyang.
Initially, Wu Changxun approached Chen Yiyang about this matter just to try his luck.
Unexpectedly, Chen Yiyang actually had the connections to help.
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