If you were looking forward to the release of "Watch Dogs" this November, you're going to be very disappointed with Ubisoft's latest news.

The game developers announced on Tuesday that they have officially delayed the game's release to spring 2014.

Ubisoft released the following statement on their official blogs site:

"Our ambition from the start with Watch Dogs has been to deliver something that embodies what we wanted to see in the next-generation of gaming. It is with this in mind that we've made the tough decision to delay the release until spring 2014.

We know a lot of you are probably wondering: Why now? We struggled with whether we would delay the game. But from the beginning, we have adopted the attitude that we will not compromise on quality. As we got closer to release, as all the pieces of the puzzle were falling into place in our last push before completion, it became clear to us that we needed to take the extra time to polish and fine tune each detail so we can deliver a truly memorable and exceptional experience.

We would like to take this opportunity to thank all of you. We thoroughly enjoy and appreciate the way you respond on the web, at events, press conferences and other opportunities we have to interact. Your passion keeps us motivated.

We can't wait to see you in Chicago next spring. We are confident you'll love this game as much as we love working on it."

Ubisoft's CEO Yves Guillemot released a separate statement confirming the news about the game's "tough decision." "Watch Dogs" was supposed to be released on Nov. 19 in the U.S. and Nov. 22 in Europe.  According to CVG, the move will cost Ubisoft more than $500 million in revenue this fiscal year.

Check out the gameplay trailer below. Are you upset about the delay? Did you pre-order the game or the bundle packs?