Update: A representative for Electronic Arts sent EGMNOW the following statement in regards to the rumor of a potential Dead Space 4 being cancelled due to the sales of Dead Space 3.

These rumors are patently false. While we have not released sales data for Dead Space 3, we are proud of the game and it continues to be an important IP to EA.

The original text of the story is as follows: 

EA has cancelled Dead Space 4 in pre-production following poor sales of Dead Space 3, according to a new report.

A source familiar with the unannounced project has told Videogamer that the publisher cancelled the game after Dead Space 3 failed to meet internal sales targets. The source claims that EA executives informed Visceral Games of the cancellation last month and shared details of the company’s restructuring plans.

Dead Space 3 “was almost canceled” mid development, with EA telling Visceral that it had to bring in a wider audience than the previous two games by moving more towards action than horror, according to the source.

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