Ubisoft has canceled three games unannounced, the company revealed in its latest newsletter. financial update. It was also delayed skull and boneswhich has been delayed many times in the past.
The company cites “major challenges as the industry continues to shift towards big brands and established titles that can reach players globally, across platforms and business models.” It says that over the past four years, its strategy has been to build “live games that last and adapt our strongest franchises” like Assassin’s Creed, Far Cry, and Tom Clancy games like Ghost. Recon, Rainbow Six and The Division “to converge trends to transform them into truly global brands.”
“However, games from this investment period have yet to be released, while our recent launches have not performed as well as expected,” the press release reads. “Combined with this effect, amid worsening macroeconomic conditions, trends during the Holiday season, particularly the last weeks of December and early January, have slowed significantly. significant and surprising than expected.
“This overall backdrop has prompted us to fully review our revenue outlook, leading to increased caution in the coming years. Consider this, combined with significant additional investments due to Lockdowns and new working models have had a more profound impact on manufacturing across the industry. Over the past three years, Ubisoft today announced a series of measures to enhance its long-term growth prospects and create its worth.”
It was in those measures that Ubisoft revealed that it had canceled “three unannounced projects, in addition to the four that were announced in July 2022”, referring to the cancellations. Ghost Recon Frontline, Splinter Cell VR and two other unannounced titles last year.
Ubisoft later revealed that Skull and Bones had been delayed for the fifth time. Now it will be released in early 2023-24. However, players will be able to play it soon, apparently during the game’s upcoming beta. As for why Skull and Bones was delayed, Ubisoft said the game needs more refinement.
“The extra time has paid off and has brought impressive improvements to its quality, which has been confirmed through recent playtests,” the press release reads. “We believe players will be positively surprised by its development. We’ve decided to postpone its release to give more time to introduce a much more polished and balanced experience and build awareness. “
Elsewhere in the financial update, Ubisoft noted that it has reduced its net prebooking target for the third quarter of 2022-23 from about $892 million to about $779 million. The company again cites a “more challenging environment,” noting that major 2022 releases like Mario + Rabbids: Rays of Hope and Just Dance 2023 performed lower than expected.
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