Ubisoft has canceled three unannounced video video games, the company has revealed in its latest financial exchange. It has moreover delayed Cranium and Bones, which has already been delayed numerous events so far.
The company cites "major challenges as the industry continues to shift towards mega-brands and long-lasting titles that can reach players across the globe, across platforms and business models." It says that over the last 4 years, its method has been about setting up "long-lasting live games and adapting our strongest franchises" like Assassin's Creed, Far Cry, and Tom Clancy video video games like Ghost Recon, Rainbow Six, and The Division "to converging trends to make them truly global brands."
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"However, the games from this investment phase have yet to be released, while our recent launches have not performed as well as expected," the press launch reads. "Compounding this influence, inside the context of worsening macroeconomic conditions, the developments over the Trip season, significantly the ultimate weeks of December and beginning of January, have been markedly and suprisingly slower than anticipated.
"This overall context has triggered a full review of our revenue prospects leading to increased cautiosness over the coming years. Considering this, combined with the significant additional investments that resulted from lockdown and new working patterns that have a profound impact on productions across the industry over the past 3 years, Ubisoft is announcing today a set of measures dedicated to strengthening its long-term growth and value-creation prospects."
It's in these measures that Ubisoft reveals it has canceled "three unannounced projects, on top of the four already announced in July 2022," referring to its cancelation of Ghost Recon Frontline, Splinter Cell VR, and two more unannounced titles last yr.
Ubisoft then reveals that Cranium and Bones has been delayed a fifth time. It will probably now be launched early 2023-24. Nonetheless, players will probably be able to play it shortly, it appears like, inside the sport's upcoming beta half. As for why Cranium and Bones has been delayed as soon as more, Ubisoft says the game needs more polish.
"The additional time has already paid off and brought impressive improvements to its quality, which has been confirmed by recent playtests," the press launch reads. "We believe players will be positively surprised by its evolution. We have decided to postpone its release in order to have more time to showcase a much more polished and balanced experience and to build awareness."
Elsewhere inside the financial exchange, Ubisoft notes that it has decreased its Q3 2022-23 web bookings purpose from roughly $892 million to about $779 million. The company as soon as more cites "the more challenging environment," noting that vast 2022 releases like Mario + Rabbids: Sparks of Hope and Merely Dance 2023 carried out lower than anticipated.
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