In a stunning blow to fans of classic franchises, Ubisoft has reportedly canceled six major titles in development, marking one of the most significant contractions in the publisher's history. The cancellations, which include the long-troubled Prince of Persia: The Sands of Time Remake and a previously unannounced mobile title, Assassin’s Creed Singularity, come amidst a sweeping internal restructuring aimed at stabilizing the company's financial future. This news, breaking on February 14, 2026, signals a definitive pivot for the French gaming giant as it retreats from risky experimental projects to focus entirely on its established "mega-brands."

The End of the Road for Prince of Persia Remake

Perhaps the most heartbreaking casualty of this latest round of cuts is the Prince of Persia: The Sands of Time Remake. Originally announced back in 2020, the project became a symbol of development hell, suffering multiple delays, studio changes, and complete reboots. Fans had held onto hope after development was shifted to Ubisoft Montreal, but according to new reports from Insider Gaming, the project has been permanently scrapped as of February 2026.

The decision to abandon the Prince of Persia Remake scrapped the hopes of millions who were eagerly awaiting the return of the time-bending puzzle platformer. Sources indicate that the game simply could not meet the company's new "enhanced quality criteria" without requiring significantly more investment—resources Ubisoft is no longer willing to commit to non-open-world titles. This cancellation effectively puts the Prince of Persia franchise back on indefinite hiatus, leaving a significant gap in PC gaming news February 2026.

Assassin’s Creed Singularity and Mobile Gaming Shifts

While the Prince's demise is a blow to nostalgia, the cancellation of Assassin’s Creed Singularity mobile represents a strategic withdrawal from aggressive mobile expansion. Singularity was reportedly a codename for a new mobile entry that was also planned for a PC launch, designed to bridge the gap between hardcore and casual experiences. Its cancellation, alongside the termination of support for Assassin’s Creed Rebellion, suggests Ubisoft is rethinking its approach to the mobile market.

For gamers following new mobile games 2026, this is a significant development. It appears Ubisoft is moving away from spinning off its core IP into standalone mobile experiences that risk diluting the brand. Instead, resources are likely being consolidated to ensure the mainline console and PC entries—like the rumored Assassin's Creed Hexe—hit their quality targets without distraction. The list of Ubisoft canceled games 2026 paints a picture of a company trimming the fat to survive a "selectively competitive" market.

Inside the Ubisoft Restructuring Report

This wave of cancellations is not an isolated event but part of a massive Ubisoft restructuring report that has sent shockwaves through the industry. The company is reorganizing its global workforce into "Creative Houses," essentially semi-independent business units focused on specific genres. This shift has unfortunately led to the closure of several studios, including Ubisoft Halifax and Ubisoft Stockholm, the latter of which had previously collaborated on Avatar: Frontiers of Pandora.

The restructuring strategy is clear: double down on what works. The new mandate prioritizes open-world adventures and live-service games with proven revenue models. Experimental titles like Project Pathfinder (formerly Project U) and Project Crest (a WW2 extraction shooter) were deemed too risky in the current economic climate. By cutting these six projects, Ubisoft aims to reallocate talent and budget toward its "flagship" creative house, which oversees Assassin's Creed, Far Cry, and Rainbow Six.

What Survives: Black Flag Remake and the Future

Amidst the gloom of cancellations, there is a silver lining for stealth-action fans. Reports confirm that the highly anticipated Assassin’s Creed IV: Black Flag Remake has not been canceled. However, it has reportedly been delayed out of the current fiscal year. Industry insiders suggest a reveal could be coming as soon as April 2026, kicking off the company's new fiscal calendar with a major win.

This survival of the Black Flag project reinforces the new strategy: rely on the biggest hits. The Prince of Persia Sands of Time Remake news may be grim, but it highlights Ubisoft's desperate need to ensure their next releases are undisputed blockbusters. The era of Ubisoft taking chances on AA-style games or dormant franchises appears to be over, at least for the foreseeable future. As the dust settles on this restructuring, all eyes will be on the publisher's next official showcase to see if this painful contraction can truly lead to the stability they seek.