Tencent is Getting (More) Into the Ubisoft Business (VL710)

Everyone's favorite Chinese gaming company/investment firm, Tencent (sorry NetEase lovers), has finally put the moves on its French love, Ubisoft, after a dalliance beginning in 2018. What does it mean for Ubisoft? For Tencent? For the Industry? Let's discuss. Tencent's looking for Valhalla but hopes its not just a Mirage...in Virtual Legality. CHECK OUT THE VIDEO AT: https://youtu.be/9yUF-Qf80Tk #tencent #ubisoft #gaming *** WANT TO SUPPORT THE CHANNEL? UTREON - https://utreon.com/c/hoeglaw/ PATREON - https://www.patreon.com/VirtualLegality STORE - https://teespring.com/stores/hoeg-law-store BITCAST (Sundays 11AM Eastern) - https://www.youtube.com/channel/UCgHBXONMT06nX_8RZ5r32UA *** CHAPTERS 00:00 Introduction (Thanks, Opal Studded Dagger) 01:26 Tencent/Ubisoft History 05:54 Today's Investment 23:50 Conclusion *** Discussed in this episode: ARTICLES https://web.archive.org/web/20220804115449/https://www.reuters.com/markets/europe/exclusive-tencent-plans-raise-stake-assassins-creed-maker-ubisoft-sources-2022-08-04/ https://www.globenewswire.com/news-release/2022/09/06/2510708/0/en/Ubisoft-strengthens-its-core-shareholding-via-the-expansion-of-the-concert-around-the-group-s-founders-to-the-benefit-of-its-long-term-stability-and-development.html *** "Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law). CHECK OUT THE REST OF VIRTUAL LEGALITY HERE: https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL. *** Twitter: @hoeglaw Web: hoeglaw.com