The gaming industry has been under the influence of big brands and famous games in recent years. Considering the new habits of the players, Ubisoft has also focused on games such as Assassin’s Creed, Far Cry, Ghost Recon, Rainbow Six and The Division. However, despite this, the company has not been able to show the desired success.
Ubisoft recently canceled 7 game projects
In the light of the economic crisis affecting the whole world, market dynamics in the game industry are also changing. One of the brands most affected by this situation was Ubisoft. With a statement, the company announced that the Skull and Bones game has been delayed once again.
This delay news is only the tip of the iceberg for Ubisoft. Ubisoft, which has had troubled days recently, canceled three more unannounced projects in order to focus on its current games and services.
Some of the games that Ubisoft has recently released were well below expectations. However, the problems are not limited to this. The company has shelved 7 different projects in a single financial year. On the other hand, Ghost Recon Frontline, Hyper Scape and XDefiant could not escape from failure. Division: Heartland, which is expected to be introduced in 2021 or 2022, has been completely forgotten.
Ubisoft’s most promising project in this regard, Assassin’s Creed Infinity, has a long time to introduce. There is no news yet about the renewed version of The Prince of Persia: The Sands of Time, which is expected to be released in early 2021. There is no positive news from the new version of Splinter Cell, which was announced in 2021.
In the light of all these developments, Ubisoft’s shares have also taken a big hit. The current share value of the company, whose shares were up to 103 euros in 2018, decreased to 24 euros. It seems that Ubisoft, one of the powerful companies in the game market, is having a very bad day.
The company needs to take serious and successful steps on games in a short time to get rid of this situation. So what do you think about Ubisoft and its game policy? You can share your views with us in the comments section.