In a recent investor’s call, game company Ubisoft announced that upcoming games Far Cry 6 and Rainbow Six Quarantine have been delayed to 2021-2022.
According to the investor’s call that Game Informer was part of, the two upcoming games have been moved beyond Q1 and now the launch window will be anywhere between April 2021 until March 2022. Far Cry 6 was supposed to launch on February 18, 2021.
Ubisoft Chief Financial Officer Frederick Duguet stated:
Despite having moved Far Cry 6 and Rainbow Six Quarantine to 2021-22 to leverage their full potential in the context of production challenges caused by COVID-19, our new non-IFRS operating income targets for 2020-21 remain within the boundaries we set back in May. Being able to maximize the long term value of our IPs while at the same time maintaining solid financial targets highlights the increasing recurring nature of our revenues, the strength of our portfolio of franchises, confidence in our holiday season release slate, and current supportive industry dynamics.
The official Far Cry Facebook account shared a statement:
CEO Yves Guillemot also stated:
The videogame industry is benefitting from very strong momentum. It is by far the fastest-growing segment of entertainment and is driving unprecedented consumer engagement and social interactions. In this context, our strategy and competitive advantages continue to be fully validated by recent industry announcements of consolidation and new platform launches. The value of videogame IPs has never been so strong and these announcements highlight the importance of owning a deep and diversified portfolio of high-quality franchises. Thanks to this major asset, which we have built up organically over more than two decades, Ubisoft has entered into fruitful partnerships with the biggest technological and videogame platforms, who are all thrilled to onboard our content.
At the same time, we continue investing to increasingly leverage our direct-to-player relationship. Over the past ten years, we have built our proprietary online distribution and services ecosystem, our unique identifier across games and platforms, and our unparalleled production capacity. These are formidable assets for strengthening this direct relationship. Through multiple entry points and business models, and with the introduction of Ubisoft Connect, we aim to offer players frictionless access and enriching experiences across our full catalog of games. This will expand discoverability, traffic, and global engagement to ultimately provide meaningful value for our players, our teams, and our shareholders over the coming years.
There are still more upcoming games to try out, but the next Far Cry and Rainbow Six games will have to wait.
Source: Game Informer