Michel Ancel, the creator of Rayman and Beyond Good & Evil is starting up his own studio. He's calling it Wild Sheep Studio and will consist of 13 staff members working on an original game that will be announced soon. Despite this new venture, Ancel says that he will still be with Ubisoft.
"We are fortunate to have some of the industry's finest talents, including Michel Ancel, working with us at our studio," said Ubisoft's Xavier Poix. "In addition to spending some of his time on this new venture, Michel is leading the creative development of select projects at Ubisoft Montpellier, including an extremely ambitious new title that is very close to his and the team's heart."

When pressed about confirmation on a sequel to Beyond Good & Evil, Ubisoft confirmed that the company and Ancel are indeed working on the sequel fans have wanted for years.
"In many ways, BG&E is an inimitable game - it appeals to all generations of gamers and is an inspiration behind many of Ubisoft Montpellier's past and future games. It's still far too early to give many details about this new title, but what we can say is that while Michel and the team at Ubisoft Montpellier are working with the core tenets of BG&E, they're developing something that aspires to push past the boundaries of a proverbial sequel and leverages next-gen technologies to deliver a truly surprising, innovative and exceptional game. The entire team is excited about the direction this extremely ambitious project is taking, and we'll have more to share later, as it progresses."

I'm assuming this news means there will be shouts of joy breaking out in towns all around the world.

(via Eurogamer)