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EA to Close Visceral's Melbourne Studio?

Kotaku Australia reports a rumor that EA will shutter the Melbourne offices of their Visceral studio on Monday, saying an anonymous source tells them the studio was "working on a AAA game for the Xbox 360 and PS3 for the past three years until new management pulled the plug on the project and the studio" over worries the game would not be profitable. A report on Gamasutra lends further credence to this, noting corroborating information in two tweets from Screenplay.

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1. Re: EA to Close Visceral's Melbourne Studio? Sep 17, 2011, 00:45 Tanto Edge
 
Wow... Visceral was always really good on the mobile platforms.
Now this?
Another one bites the dust.
 
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http://www.youtube.com/watch?v=705LEH3j2g0&t=0m24s
http://www.youtube.com/user/tantoedge
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