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Dead Space 4 Cancelled?

Videogamer.com reports development of Dead Space 4 has been cancelled by Electronic Arts (though a next installment in the shooter series has yet to be announced) based on poor sales of Dead Space 3. They attribute this unconfirmed rumor to "a source familiar with the unannounced project" speaking on the condition of anonymity, who tells them the game was in preproduction at Visceral Games, and that a small team at Visceral Montreal was working on prototypes for the project. Their source says Visceral Montreal was closed as a result of the game being cancelled, which supports a report from a couple of weeks ago where a former Visceral Montreal employee claimed the studio's entire staff was let go. They contacted EA for comment, and were told the company does not comment on rumor or speculation (except when they chose to).

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35. Re: Dead Space 4 Cancelled? Mar 5, 2013, 12:24 Agent.X7
 
Often the problem with games not making money has to do with the marketing campaign. I don't mean that it wasn't effective enough, I mean that they blow millions and millions of dollars trying to impress gaming journalists and people who attend conventions. Often the marketing budget is equal to the development budget or more. Did you really think that million dollar statue of Isaac was going to sell more games?

If they'd rein in the spending and stop paying upper management money that they aren't worth, they could make all the Dead Space games they wanted.
 
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