Ubisoft has confirmed earlier speculation that it will be taking a break from the Assassin's Creed franchise in 2016.

In a statement released ahead of its financials, Ubisoft explained it will use the time to ensure the next instalment doesn't disappoint.

"This year, we also are stepping back and re-examining the Assassin's Creed franchise. As a result, we've decided that there will not be a new Assassin's Creed game in 2016," explains the publisher.

"Since the release of Assassin's Creed Unity, we've learned a lot based on your feedback. We've also updated our development processes and recommitted to making Assassin's Creed a premier open-world franchise. We're taking this year to evolve the game mechanics and to make sure we're delivering on the promise of Assassin's Creed offering unique and memorable gameplay experiences that make history everyone's playground."

Ubisoft concludes: "We'll have more to share on all of the above soon. In the meantime, we want to say thank you to our millions of fans around the world for your continued support."

With no new Assassin's Creed for holiday 2016 all eyes will now be on what title Ubisoft puts in its place.

Fans will have the Assassin's Creed movie to look forward to, however, coming to cinemas on December 21.

Source: Ubisoft