Update: Our trust for Videogamer's source was perhaps misaligned, with representatives from EA telling Gamasutra that the allegations are "patently false". We're genuinely sorry for thie misstep.
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If you were looking forward to the continuing adventures of Space Engineer, Therapy Requirer and Above Competent Alien-Human-Hybrid Murderer Isaac Clarke, you’ll probably be waiting so long you’ll live up until the series is actually supposed to take place. That’s a joke because it’s set in the future. It works and is very funny because according to a source that got in touch with Videogamer, EA have shelved the popular series due to Dead Space 3 not meeting sales expectations.
This is a game in a series with high critical and commercial acclaim. The game itself received overwhelmingly positive review scores and was even top of the sales charts in the UK.
All of that, presumably, doesn’t count for much when it was reportedly necessary for the game to sell 5 million copies in order to break even on development. Even though the sales for the newest game were measurably excellent, the company presumably still didn't meet their goals.
The series took a dramatic turn for action from horror over the course of the franchise, perhaps this might have served to alienate original fans. Dead Space 3 is also home to a number of egregious microtransactions that altered gameplay to accommodate their inclusion. It’s possible that fans didn’t react well to this.
Hopefully this frees up developer Visceral to finally work on their Jack The Ripper game that was announced years ago, or work on an entirely new IP for the next generation of consoles, or more likely given that this is the video game industry, face massive layoffs.