The company’s share of Ubisoft dropped by 10% on the Dow Jones after the company announced a lackluster sales report, another development postponement, and three cancellations. Ubisoft seems to be in a bit of a bind at present while working on a variety of notable titles like Avatar: Frontiers of Pandora, an unreleased Star Wars project, as well as Assassin’s Creed: Mirage. Ubisoft delivered some terrible information to the general public in a previous financial statement and unscheduled investor call.
This Is Forcing the Title To Be Postponed
The already troublesome Skull & Bones has been forced back for the sixth time, with the new launch date set for some time in the following fiscal year, between April 2023 and March 2024. Ubisoft later revealed that revenues of Mario + Rabbids: Sparks of Hope and Just Dance 2023 had fallen short of projections, despite the games’ high critical acclaim and an “aggressive marketing campaign.” Lastly, the corporation revealed the cancellation of three titles that had previously been under wraps.