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Ubisoft announced delays in multiple games which include Watch Dogs Legion, Rainbow Six Quarantine, and Gods and Monsters which had a serious impact on Ubisoft’s Revenue.
The publisher decided to postpone the release of major games due to the poor sales performances of Ghost Reckon Breakpoint and The Division 2.
Watch Dogs: Legion had been set for March 6th and Gods & Monsters had a release date of February 25th, while Rainbow Six Quarantine had been set for the first quarter of 2020. The release for those games was changed to the second half of next year.
CEO Yves Guillemot stated that the reason some games didn’t do well was due to Ubisoft not waiting enough between sequels and as such games didn’t have the impact that was expected.
“We feel it’s due to the fact that people have been able to play those games for a long time and experiencing that gameplay for a long time. We need to wait longer for something that is more differentiated,” Guillemot said.
Ubisoft decided that waiting more time before releasing major games ensures that it will benefit their game’s sales performance and delivers an optimal experience for players.
“With so many learnings and built-in confidence from our teams, we wrongly believed that after a 30-36 month gap between releases, players would be ready to enjoy new adventures of our live games. In the end, it proved too short a time frame.” Guillemot said.
Ubisoft’s Stock has fell to 29% in Paris after Ubisoft cut its forecast for net bookings to about 1.45 billion euros ($1.61 billion) from previous guidance of 2.19 billion euros. The company expected to earn 480 million euros, now that number has dropped to between 20 million and 50 million euros after major games released were put on hold.