Ubisoft announced earlier today that Skull and Bones is being delayed again, and of course we jumped at the opportunity have fun with it (opens in new tab). But the notice of the delay came as part of a much larger update that reflects the real issues at the company: Ubisoft is struggling, opting to cancel three more unannounced projects to focus on its existing brands and live services.

The gaming industry has shifted in recent years to “mega brands and long-standing titles that can reach players around the world, across different platforms and business models,” Ubisoft said in the update. Over the past four years, Ubisoft has tried to do the same with its own big properties, including Assassin’s Creed, Far Cry, Ghost Recon, Rainbow Six, and The Division. But it hasn’t paid off: games announced during the “investment phase” of this strategic shift have yet to come out, and the most recent releases fall short of expectations.

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By wy9m6

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