Bubbles? In this economy?
Ubisoft held an earnings call to run down how 2016 went for the company, and to look forward to 2017 and beyond. As Vivendi continues to eye Ubisoft’s stock, their financial report wasn’t the best of news. Overall, Ubisoft sales in the last part of 2016 were down, and games like Watch Dogs 2 unperformed. However, Steep did better than expected and Rainbow Six Siege is somehow continuing to thrive, with a passionate fan base and new players joining in.
As for the future, Ubisoft changed South Park: The Fractured But Whole’s release date from Q1 2017 to fiscal year 2017, meaning anytime from this April to March of 2018. That’s a pretty significant change, especially since it leaves the window open for a delay of an entire year. It isn’t like anyone is really looking forward to a game full of more South Park jokes, especially after that abysmal E3 conference appearance, but the first game was well received and a sequel has the potential to be better. This changed Ubisoft’s overall sales forecast downward, meaning they expect to make less revenue this next year.
Ubisoft also teased more Nintendo Switch games coming in 2017, and not only Just Dance. Rumors of a Mario/Rabbids board game and Beyond Good and Evil 2 are still circling, so it seems like anything is possible. No company loves a new hardware launch like Ubisoft, so we’ll see what they can bring throughout the year, and if it’ll help them bolster their bottom line.