Ubisoft announced on Tuesday the decision to delay their upcoming title "Watch Dogs" because the game was not ready for its November release.

Ubisoft co-founder and CEO Yves Guillemot released the following statement about the company's "tough" decision:

"Our long term goal is to win the next generation. The tough decisions we are taking today to fully realize the major potential of our new creations have an impact on our short-term performance. We are convinced that, longer term, they will prove to be the right decisions both in terms of satisfaction for our fans and in terms of value creation for our shareholders. We are building franchises that will become perennial pillars of Ubisoft's financial performance.

In a context of growing successes for mega-blockbusters, the additional time given to the development of our titles will allow them to fulfill their huge ambitions and thus offer players even more exceptional experiences...Fueled by strong momentum for PlayStation 4 and XboxOne, calendar 2014 will see the return of growth to the console market. Combined with the quality of our line-up and our strong financial situation, this growth will allow us to achieve record operating income in fiscal 2014-15 and 2015-16."

According to multiple reports, the delay will allegedly cost the company about $560 million in revenue this year.

So what does the delay mean for gamers who pre-ordered the title? CVG reports GAME UK is working closely with Ubisoft and Sony to discuss alternatives for the situation.

"We will be emailing customers who have pre-ordered a PS4/Watch Dogs fixed pack with us in order to find the best option for them," Charlotte Knight, category director at the specialist retailer, told CVG. "We will also be emailing all Watch Dogs software pre-orders customers to reassure them that their pre-order is secure for 2014. We will do everything we can to get the right product to every customer."

Other retailers are most likely discussing alternatives for their customers as well. What do you think of "Watch Dogs" delay a month before its release? Tell us what you think below!

"Watch Dogs" is set to be released in Spring 2014.