Ubisoft posts $74M net losses, cancels games

For next year, the company is expecting to "post further growth in both sales and current operating income." That apparently means trimming some fat from its game line-up, though, as the company has terminated some unspecified projects. We may not know which games received the dreaded axe for some time, but the long-dormant I Am Alive and Beyond Good & Evil 2 seem like prime suspects.

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ZombieAssassin3024d ago

WTF didn't ubisoft just say I Am Alive and Beyond Good & Evil 2 are still in development.

Elimin83024d ago

It's what I read somewhere too. Unless it was a rumor or BS article....?!

BeOneWithTheGun3024d ago

all I know is they better not axe the new Rainbow 6!

The Matrix3024d ago this is why they're making another Assassin's this year.

limewax3024d ago

Im a sucker for that franchise though, I like Ezio anyway so I wont really complain about not getting AC3 yet. But milked or not, I have a lot of fun in their game worlds, thats pretty much all that counts. Actually playing AC:Brotherhood at the moment, the one year development is evident, but its still a good game

Redempteur3024d ago

assassin creed make profit , dance games makes profits ,the rabbits too...the rest of ubsifot games however .

don't worry ancel has confirmed BGE2 is still on tracks along with rayman origins reason these two could fail at this point

reznik_zerosum3024d ago

Assassin's C. sucks terrible pc version

ikkeweer3024d ago

Well, TNT hadn't delivered the letters yet, so they had to say something

Soldierone3024d ago

Yeah...everytime Ubi runs into money trouble they always cancel these specific games...its like WTF?

+ Show (2) more repliesLast reply 3024d ago
SuperKing3024d ago

I guess I can understand why they're so eager to milk the AC franchise. Shame they're neglecting the rest of their portfolio but what can you do...

The Matrix3024d ago

How is it milking when Brotherhood was the most critically acclaimed of the series? If you get better with ever game, then "milking" is not a bad thing.

mrv3213024d ago

However point of stagnation are appearing that's a fear, this happend to Tony Hawk games, The COD series, Brotherhood was a great game, but 2 years off a new setting etc would have been better for the series than another game this year.

Another bad sign is adding multiplayer, which is very easy and quick to throw in some new maps, a mode and improvements and release a 'new' game.

Zydake3024d ago

Well played Mr. Smith

Crazyglues3024d ago (Edited 3024d ago )

Well Hawx 2 was just awful, No Big game company should ever put out such a lack luster effort... They didn't even try with that game...

The writing on the wall is as clear as day -this company needs to just focus on Making really good games and stop making half ass games.. (their spreading the company too thin with all of these lame projects)(stop all iPhone development..

If your going to make a game put all of your focus on making it amazing... & and then make the games the people want - Rainbow Six Vegas 3 would have been awesome..

This Company is about to turn into Atari... and that would just be too sad for words...


Soldierone3024d ago

Like I said before. Ubisoft used to be my favorite company, now its nothing but shovelware crap. They are turning into what EA was a few years ago.

They focus on casual games and rushed projects to create namebrands for easy money. In return we get crappy games with one or two good titles mixed in.

What happened to Rainbow Six? GRAW was more popular than COD for the longest time, till they messed that up too. Splinter Cell still hasn't seen a new title on PS3, good third party support there....No wonder they are not making money. They pulled an EA without having the power of EA.

Thepro3183024d ago

they release garbage like R.U.S.E over endwar 2 development . Endwar has grown a nice community but UBIsoft wanted put Endwar 2 on back burner for R.U.S.E .Very bad decision then not releasing another shooter since 2008 hurt them. Release your games your have

gameforall3024d ago

All those crappy Wii titles

captain-obvious3024d ago (Edited 3024d ago )

i hope they loss more
lets face it
all what ubisoft has been doing this gen
is milking AC to death
pumping shovelware to wii and now kinect and move

and on top of that they fucked up one of my favorite games
prince of Persia

and no
i dont have a hope of them giving us good games any time soon again

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