Ubisoft Delays ‘Avatar’ Video Game’s Release Until at Least 2023

Ubisoft Entertainment SA reported first-quarter bookings in line with analysts expectations but also announced it would postpone its “Avatar” game, as the French video game studio works to overcome a post-pandemic production crunch.

The publisher behind the “Assassin’s Creed” franchise is “adapting” its organization “to current economic uncertainties through cost optimization,” Chief Executive Officer Yves Guillemot said in a statement Thursday. “We continue to work on the richest pipeline in the company’s history.”