[dropcap]U[/dropcap]bisoft has announced their highly anticipated Watch Dogs game has been delayed until 2014.
The company announced Tuesday that Watch Dogs, originally meant to release on November 22nd for PS4 and Xbox One, has been pushed back to Spring 2014.
The Crew, another upcoming release from Ubisoft, has also been delayed until their second quarter which begins July 1st through to September 30th.
Watch Dogs focuses on player’s ability to hack into various electronic systems, either to obtain and control information or to destroy those devices. Unveiled at E3 in 2012, the game had been highly anticipated by gamers everywhere.
A statement on their official blog read: “Our ambition from the start with Watch Dogs has been to deliver something that embodies what we wanted to see in the next generation of gaming. It is with this in mind that we’ve made the tough decision to delay the release until spring 2014.
“We know a lot of you are probably wondering: Why now? We struggled with whether we would delay the game. But from the beginning, we have adopted the attitude that we will not compromise on quality.”
It continued: “As we got closer to release, as all the pieces of the puzzle were falling into place in our last push before completion, it became clear to us that we needed to take the extra time to polish and fine tune each detail so we can deliver a truly memorable and exceptional experience.”
A further statement, released from Ubisoft’s CEO, Yves Guillemot, read: “Our long term goal is to win the next generation. The tough decisions we are taking today to fully realize the major potential of our new creations have an impact on our short-term performance.
“We are convinced that, longer term, they will prove to be the right decisions both in terms of satisfaction for our fans and in terms of value creation for our shareholders. We are building franchises that will become perennial pillars of Ubisoft’s financial performance.
“In a context of growing successes for mega-blockbusters, the additional time give to the development of our titles will allow them to fulfill their huge ambitions and thus offer players ever more exceptional experiences”
Guillemot is predicting that 2014 will see Ubisoft’s income grow tremendously. He said: “Fueled by strong momentum for Playstation 3 and Xbox One, calendar 2014 will see the return of growth to the console market. Combined with the quality of our lineup and our strong financial situation, this growth will allow us to achieve record operating income in fiscal 2014-15 and 2015-16.”
However, until then, Ubisoft’s decision to delay their two upcoming games could potentially cost them $560 million after its sales projections dropped from $1.94 billion to $1.38 billion, according to Computerandvideogames.com.
In a conference call, the company also said that instead of making a profit of $236 million it now plans on only making a profit of $88 million for the end of their financial year.
Contributing factors include apparent lower-than-expected sales of recently released Rayman Legends game and Splinter Cell: Blacklist, says Ubisoft CFO Alain Martinez.
As a result of the delay Ubisoft’s shares have dropped by 32% and has predicted an operating loss of at least $54 million by March, according to Businessweek.com.
In good news however, Ubisoft announced on Monday that the next installment of the Assassin’s Creed franchise, Assassins Creed 4: Black Flag, is to release on the PS3 and Xbox 360 on October 29th whilst versions for PS4, Xbox One, PC and Wii U will release on November 22nd.