For years, Vivendi had been steadily acquiring more stake in Ubisoft in hopes of ousting founder Yves Guillemot and seizing control for itself-putting thousands of jobs in jeopardy in the process. Tencent was one of several investors that helped Ubisoft survive a hostile takeover last year from Vivendi, who at the time was Ubisoft's largest stakeholder.
That's probably just the beginning, though, as Tencent is rumored to be seeking a complete acquisition of Bluehole. Tencent's investment into Bluehole first began in 2017 with Tencent first acquiring 1.5 percent of Bluehole before increasing that investment to an undisclosed amount rumored to be around 10 percent. What's even more amusing is that Tencent also has rights to publish both games in China, meaning it's actually in competition with itself-not a bad place to be in. Yes, Tencent a piece of both Fortnite and PUBG, the two dominant battle royales. (Image credit: PUBG Corp) Bluehole (PlayerUnknown's Battlegrounds) - 11.5 percent Last year, Fortnite made $2.4 billion, making it the most profitable game that year. While both games were failures, Save the World put Epic in the perfect spot to jump on the battle royale bandwagon and-almost by accident-create the biggest gaming pop culture phenomenon since Minecraft and Pokémon. At the same time, Epic began experimenting with live-service games like the Paragon and Fortnite: Save the World. Though developers might pay more for a successful game in the long run, it opened Unreal Engine up to an enormous community of indie developers and helped fuel intense competition between rival engine, Unity, which up until then was considered to be the best technology for small developers.
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With Tencent's investment, Epic scrapped Unreal Engine 4's monthly subscription in favor of a free version where Epic earned royalties on sales. Seeing that "the old model" of selling games wasn't working, Epic founder Tim Sweeney decided to join forces with Tencent to better learn about operating live-service games.
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We will be able to expand Path of Exile even faster, adding more content and features while bringing it to a larger audience.Tencent's $330 million investment in Epic Games back in June 2012 triggered one of the most dramatic shifts in PC gaming of the last decade, ushering in a new era of free-to-play games as a service.
With the revenue of this new audience being added to our existing development budget, we anticipate that this will benefit the global Path of Exile community. We expect that this partnership will both expose millions more gamers to Path of Exile but also introduce them to a version that is appropriate for the culture and language of their territory. These users will not be IP restricted - they'll be able to continue playing Path of Exile on our servers just like they do right now. Secondly, Garena understand that we have existing users who play in territories that Garena will represent us in, and that those users may continue to want to play on the worldwide realm that we control.They handle games like League of Legends in many territories and do a great job.
Firstly, Garena is an excellent publisher for these regions.We are extremely excited about this partnership for two reasons.
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