Netflix partners with Ubisoft to bolster fledgling gaming division
Enlarge / Ubisoft's Valiant Hearts game. The deal with Netflix will allow the French video game maker to tap into new audiences and experiment with fresh formats for existing titles. (credit: Ubisoft)
Netflix has teamed up with Ubisoft, one of Europe's biggest video game companies, as the streaming giant seeks to bolster its fledgling gaming business.
The California-based streaming service will launch three new mobile games next year based on Ubisoft's games, including its most successful title, Assassin's Creed.
The move comes as Netflix attempts to accelerate growth of its new gaming arm amid a slowdown in the company's streaming business. The streaming group has lost more than half of its market value since April when it revealed its decade-long subscriber growth had ended.