BY JAMES SCOTT/ JAN  12, 2023

Three Games are Canceled By Ubisoft In The Midst Of Plummeting Sales

It feels like Ubisoft is going through an odd time. The studio just announced, among other things, a significant Assassin's Creed revival. There has been speculation that Ubisoft Plus might be coming to Xbox.

Three Games are Canceled By Ubisoft

Tencent increased its investment in the company last year, increasing its ownership and providing it with roughly $300 million.

Three Games are Canceled By Ubisoft

Following that information, Ubisoft's share price dropped by more than 17% as investors anticipated a full takeover, according to the company's shareholders.

Three Games are Canceled By Ubisoft

A source claims that Ubisoft appears to be back in the red due to "unexpectedly slow" sales and that the company has canceled three undisclosed games to recoup $200 million.

Three Games are Canceled By Ubisoft

We may only know what games Ubisoft has canceled if they're obvious. There needs to be more confirmation that they were unannounced projects, meaning the cancellations could have impacted Watchdogs 4 or Division 3, for example.

Three Games are Canceled By Ubisoft

According to a tweet by user @stephentotilo, Ubisoft canned these projects following 'surprisingly slower' sales of late. There's a desperate need to recoup losses, and the organization is trying to reduce costs by at least $200 million.

Three Games are Canceled By Ubisoft

More Stories

3D Avatars Are Now Available on WhatsApp

Twitter Will Charge $11 Per Month For Twitter Blue on iPhone and $7 on The Website

Apple Plans to Launch its Apple Car in 2026 And Will Charge Less Than $100000