EA’s Dead Space 3 was just released a few weeks ago to the delight of horror-game fans as the new title removed the strange multiplayer modes found in Dead Space 2, replacing it with a co-op mode. As of this writing, the game is currently rated between 75 – 80 on Metacritic, which means it should be considered a good game. Unfortunately, EA is reportedly killing the franchise today.
According to a source familiar with Dead Space 4 speaking to VideoGamer.com, the development for the game was stopped by EA due to poor sales of Dead Space 3. The game was already in pre-production at Visceral Games and Visceral Montreal, the latter was reportedly closed due to a company restructuring.
At this point, this is purely hearsay as no official word has come from EA announcing either the retirement of the Dead Space series or the shuttering of Visceral Montreal. Considering Dead Space 3 teased a sequel in its post-game credits sequence, we’d find it hard to believe the company would go through the trouble of teasing fans in order to cancel its follow-up game weeks after its release.
[Update: EA has responded to today's rumor with the following statement: "While we have not announced sales for Dead Space 3, we are proud of the game and the franchise remains an important IP to EA."]