Ubisoft anticipates a "superior financial performance" from the remake of Black Flag. However, the company has chosen not to raise its guidance, citing a "strong competitive lineup" as the reason.
Ubisoft's Chief Financial Officer, Frédérick Duguet, anticipates that "Assassin's Creed: Black Flag Resynced" will achieve strong financial results thanks to minimized production expenses.
Despite this, Ubisoft has opted not to adjust its Q2 financial outlook due to anticipated competition and the inclusion of its own titles, like the remake of "Rayman Legends Retold."
In a earnings discussion after sharing recent quarterly figures, Duguet discussed the optimistic outlook for "Black Flag Resynced," highlighting the cost benefits of creating remakes.
"Ambitious remakes typically reuse original assets, adding new gameplay elements and features that require investment. However, the total budget remains lower than developing a new game."
"Familiarity with the game allows for reduced marketing costs, but pricing remains distinct from a wholly new release."
Duguet explained: "This results in a different economic approach, but we foresee strong financial returns, with positive contributions expected this quarter."
When questioned about the potential success of the forthcoming Rayman remake, Duguet refrained from explicit predictions.
He conveyed confidence in the remake attracting new players, stating: "Our approach involves enhancing the original Rayman essence with added gameplay, an expanded scope, and a comprehensive 3D overhaul.
"We expect longtime fans to enjoy revisiting the enhanced classic, while simultaneously drawing in new players."
Also addressed in the call, Ubisoft CEO Yves Guillemot provided insights on Sony's choice to phase out physical discs for new PlayStation titles.
When asked about any potential impact on the resale market, Guillemot noted:
"On PC, this trend led to market growth. Being solely digital could reduce future hardware costs, making consoles more accessible."
"While there are pros and cons, we believe this shift won't significantly disrupt the industry."