A new report claims that Ubisoft and Tencent are currently considering a new venture that could result in Ubisoft being broken apart.

According to this new report, Ubisoft's founders — the Guillemot family — along with major shareholder Tencent, are considering spinning up "a new venture" relating to Ubisoft. This 'venture' could include bringing over some famous Ubisoft franchises "as they seek to boost the French video-game company’s value", the report says.

Ubisoft Entertainment SA’s founding Guillemot family are considering creating a new venture that would include certain Ubisoft assets as they seek to boost the French video-game company’s value, people familiar with the situation said.

Ubisoft and Tencent are said to be "evaluating which assets to include" in a potential new venture. A new report may contain fresh clues about the apparent partnership between Ubisoft and Tencent, Ubisoft's fortunes continue to slide and the company looks for a way forward.