AI Summary
5 min read"I Literally Said This Would Happen"
Ubisoft has partnered with Tencent to form a new subsidiary valued at $4.3 billion, with Tencent taking a 25% stake. The subsidiary will house Ubisoft's most valuable franchises—Assassin's Creed, Far Cry, and Tom Clancy's Rainbow Six—under a new operating model designed to "develop a multi-platform game ecosystem." Tencent is injecting $1.16 billion in cash. Asmongold's reaction is less surprise than vindication: "This is the exact same thing that I said was gonna happen. I called this directly."
The Argument: This Was Inevitable
Asmongold's central thesis is that Ubisoft's restructuring was foreseeable and essentially foreordained by years of declining performance. He points to the company's stock chart—an 80% loss of value over five years—as the kind of trajectory that forces structural change. "You can't have the number go down like that and not have the house be on fire," he says. "That's the way it works."
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What you'll learn
- 1 (01:37) **Ubisoft Partners with Tencent – The Deal Is Real** - Asmongold breaks the news that Ubisoft has formed a new subsidiary with Tencent, valuing key franchises at $4.3 billion and giving Tencent a 25% stake.
- 2 (02:07) **"I Told You So" – Asmongold’s Prediction and Vindication** - Asmongold reviews his earlier predictions, emphasizing he foresaw both the restructuring and Tencent’s involvement.
- 3 (03:44) **The New Operating Model – What the Deal Actually Says** - Asmongold reads the official press release, detailing the terms: Tencent gets 25% of the new subsidiary, which will focus on narrative solo experiences, multiplayer content, free-to-play touchpoints, and social features.
- 4 (05:12) **The Coming Layoffs – "Everybody's Getting Fired"** - Asmongold predicts massive job cuts, arguing Tencent will not keep Ubisoft’s 23,000 employees on payroll.
- 5 (07:08) **Reaction to the News – "Rip Ubisoft"** - Asmongold reads community reactions, including jokes about Ubisoft being forced to sell after Shadows and the "get woke, go broke" narrative.
- 6 (08:54) **Tencent’s Track Record – "China Is the Only People Making Good Games"** - Asmongold defends Tencent against anti-China sentiment, pointing out that Tencent owns Riot (League of Legends) and Grinding Gear Games (Path of Exile), both of which are highly respected.
- 7 (10:15) **The 19,000 Employees Question – "What Could It Possibly Mean?"** - Asmongold sarcastically wonders what will happen to Ubisoft’s approximately 19,000 remaining employees, implying mass layoffs are inevitable.
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Show Notes
I Literally Said This Would Happen Asmongold show for all of his stream highlights, competitions, reactions & more.
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----------- Keywords: streamer reactions, twitch clips, streaming moments, gaming commentary, gaming hot takes, gaming content creator, gaming drama, game criticism
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