activision-blizzardAs many gamers have probably learnt by now, Blizzard has sadly cancelled its next-gen MMO which was given the codename “Titan”. According to Blizzard, they felt that while the game had some fun and original elements, it just wasn’t up to scratch. It was a brave call to cancel a game that was seven years in the making, but apparently it could have also been a bad one.

According to analyst Michael Pachter, he believes that Blizzard’s decision to cancel Titan could be a costly one. “At their lead time, there won’t be a game for years. So they have to deal with inevitable declines in revenues and no new game on the horizon. I think it is a problem.”

If the reports about Titan is to be believed, Titan was designed to be Blizzard’s new IP and a new franchise, which at the moment largely revolves around games from their Diablo, Warcraft, and Starcraft franchise. It’s not a bad thing, but we guess gamers wouldn’t mind seeing Blizzard branch out a bit more.

As it stands World of Warcraft is 10 years old and the game’s active subscribers has since fallen to 6.8 million, down from their peak of around 12 million active subscribers from back in their heyday. What do you guys think? Could Blizzard be in big trouble here financially? Or do you think they will survive until their next major IP release?

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