CANCELED: Ubisoft to Cancel Three Unannounced Projects, Delays Others
In a recent statement, Ubisoft disclosed that it has canceled three unannounced games, postponed Skull & Bones once again, and revised its approach for the near future.
Ubisoft believes that its recent launches have not fared as well as anticipated, attributing this narrower emphasis to “serious hurdles” and an industry that it claims is turning towards “mega-brands and long-lasting blockbusters.”
The company experienced a “surprisingly slower” holiday season than usual, and as a result, it will be concentrating more of its efforts on growing its existing brands and live service titles.
“As a consequence, we have decided to cancel three unannounced projects, on top of the four already announced in July 2022,” Ubisoft said.
“We are clearly disappointed by our recent performance,” Ubisoft CEO Yves Guillemot said.
“Despite excellent ratings and players’ reception as well as an ambitious marketing plan, we were surprised by Mario + Rabbids: Sparks of Hope underperformance in the final weeks of 2022 and early January. Just Dance 2023 underperformed as well.”
Review the full Ubisoft update here.