Ubisoft's Looks to Assassin's Creed for Future Salvation Amid "Challenging" Year

ign.com:

Following a "challenging" year of losses and few releases, Ubisoft is preparing to pump resources into the Assassin's Creed franchise to secure its future. It will include a restructure that will increase headcount on Assassin's Creed title development by 40% in the coming years, following a rash of layoffs that reduced the company's global headcount below 20,000.

In its full year earnings today, Ubisoft reported that in a fiscal year in which its only major releases were Mario + Rabbids Sparks of Hope, Just Dance 2023, and Rocksmith+, its net sales were €1.81 billion ($1.97 billion) down 14.6% from last year, and it overall reported an operating loss of €500 million ($543 million). While Ubisoft has previously stated that Sparks of Hope and Just Dance specifically underperformed, other live service games kept money flowing in, with the Assassin's Creed franchise in particular reaching a new "record active users" despite no new game releases. Ubisoft reports that not only does Assassin's Creed Valhalla now have 44% more players life-to-date than Origins and 19% more than Odyssey, it's bringing in more money per player than either game.

This likely explains why Ubisoft is gearing up to go hard on the Assassin's Creed franchise in the coming years. Assassin's Creed Mirage is still set for release in 2023, and three other major games are on the horizon alongside an additional VR game and a mobile game in the franchise.

Ubisoft has stated it intends to increase the number of people working on the franchise across the company by 40% in the coming years to "fuel its ambitious expansion", though it seems likely much of this will come from promised "targeted restructurings" as ongoing cost-cutting measures have dropped the