Ubisoft has cancelled three unannounced games and delayed it’s long in development pirate adventure Skull and Bones yet again.
Announcing the move on Wednesday, the company said it is “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.”
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.
Skull and Bones, which following a series of previous delays was most recently scheduled to be released in March 2023, will now arrive during the “early” part of the company’s next fiscal year (2023-24), which runs from this April until March 2024.
During its 2023-24 fiscal year, Ubisoft said it’s also 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”.
Ubisoft CEO Yves Guillemot said: “We are clearly disappointed by our recent performance. 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
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