Ubisoft has cancelled 3 unannounced games and delayed Skull & Bones again.
Ubisoft has cancelled three unannounced games and delayed its long in development pirate adventure Skull and Bones yet again.
Announcing the news on Wednesday, the company said it’s “facing major challenges as the industry continues to shift towards mega-brands and long-lasting titles than can reach players across the globe, across platforms and business models”.
Ubisoft said it has spent the last four years attempting to adapt its biggest brands ( Assassin’s Creed, Far Cry, Ghost Recon, Rainbow Six and The Division ) to these converging trends.
“However, the games from this investment phase have yet to be released, while our recent launches have not performed as well as expected.”
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The company said software sales over the key holiday season had been “markedly and surprisingly slower than expected”, with Mario + Rabbids: Sparks of Hope and Just Dance 2023 among the games to have failed to meet expectations.
Foreign [Music] Ubisoft has canceled three unannounced Games and delayed Skull and Bones again Ubisoft has canceled three unannounced Games and delayed its long and Development pirate Adventure Skull and Bones yet again announcing the news on Wednesday the company said it's facing Major challenges as the industry Continues to shift towards Mega Brands And long-lasting titles than can reach Players across the globe across Platforms and business models Ubisoft Said it has spent the last four years Attempting to adapt its biggest brands Assassin's Creed Far Cry Ghost Recon Rainbow Six and the division to these Converging Trends however the games from This investment phase have yet to be Released while our recent launches have Not performed as well as expected to Stay up to date with latest top stories Make sure to subscribe to this YouTube Channel by clicking the button above This video the company said software Sales over the key holiday season had Been markedly unsurprisingly slower than Expected with Mario plus Rabbids Sparks Of Hope and Just Dance 2023 three among The games to have failed to meet Expectations Skull and Bones which Following a series of previous delays Was most recently scheduled to be
Released this March will now arrive Early in ubisoft's next fiscal year 2023-24 which runs from April until March 2024. the company claimed the Additional time has already paid off and Brought impressive improvements to its Quality which has been confirmed by Recent playlists and that it expects Players will be positively surprised by Its evolution in addition to Skull and Bones during its 2023-24 fiscal year Ubisoft said its planning to release Assassin's Creed Mirage Avatar frontiers Of Pandora and other yet to be announced Premium games including a large one as Well as promising free-to-play titles For some of our biggest brands upcoming Free-to-play titles from the publisher Include PC and console game the division Heartland and mobile titles the division Resurgence and Assassin's Creed codename Jade last July Ubisoft announced that it Had also canceled Ghost Recon Frontline Splinter Cell VR and two other Unannounced games we are clearly Disappointed by our recent performance Ubisoft CEO Eve skilimet said on Wednesday we are facing contrasted Market dynamics as the industry Continues to shift towards Mega Brands And everlasting live games in the Context of worsening economic conditions Affecting consumer spending despite Excellent ratings and players reception
As well as an ambitious marketing plan We were surprised by Mario plus Rabbids Sparks of Hope under performance in the Final weeks of 2022 and early January Just Dance 2023 underperformed as well Therefore with the approval of the board Of directors we are taking additional Important strategic and operational Decisions today it is key to continue Adapting our organization to further Strengthen our execution and to ensure We both deliver amazing games to players As well as great value creation gilamit Continued the industry's long-term Prospects remain promising and I am Convinced Ubisoft is well positioned to Benefit from this momentum thanks to the Strength of our teams Brands production Capacity technology and balance sheet Our back catalog remains very healthy With notably robust activity on Rainbow Six Siege great momentum for our Assassin's Creed games and generally Solid performance from our live games we Expect our strategy to build long Lasting live games and transform our Biggest brands into truly Global Phenomenon with multiple offerings Across platforms and business models to Ultimately generate significant value Creation with strong Top Line and Operating income growth over the coming Years Foreign