Dead Space 3 sales have failed to meet Electronic Arts sales expectations according to sources speaking with VideoGamer.com. This also means that Dead Space 4 which was in pre-production at Visceral Games has been put on hold.
EA Labels president Frank Gibeau told CVG a year ago that Dead Space 3 needs to sell five million units to justify Dead Space 4. Dead Spoce 3 has sold just 880,000 units at retail as of the week ending February 23, 2013, according to VGChartz. This is the total sales after three weeks on sale.
"In general we're thinking about how we make this a more broadly appealing franchise, because ultimately you need to get to audience sizes of around five million to really continue to invest in an IP like Dead Space," said Gibeau. "Anything less than that and it becomes quite difficult financially given how expensive it is to make games and market them."
Visceral Montreal who was suppose to develop the title has gone under a restructuring, according to another source. The studio is rumored to have closed its doors. A former Visceral Montreal employee has told Game Informer that "the entire studio has been laid off."