According to sources close to the Official Xbox Magazine, the previously cancelled TimeSplitters 4 is currently in development again and is in a playable form but no guarantees the game will ever be released.
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In their latest issue the magazine writes: ”Trusted OXM sources have claimed that they’ve seen TimeSplitters 4 running. That’s no guarantee that it’ll be released – at least one version of Star Wars: Battlefront 3 was cancelled without ever being announced – but it’s a promising sign.”
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While Crytek hasn't completely ruled out a Timesplitters 4 game never being released and have stated they really want to revisit the franchise, its still up to Free Radical to develop the game itself. The biggest issue is funding due to Free Radical still having financial problems even with Crytek as their new parent company and EA will not help fund the game.
Earlier rumors did tease it was possible the game could have a debut as early as this year's E3 show but Crytek hasn't confirmed those rumors to be true.
http://www.screwattack.com/news/rumo...4-seen-running
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Daily Recap:
1) The Stalker series is dead after the developers of Stalker 2 announce they have both cancelled the development of Stalker 2 and the series itself while shift focus to a new project meant to be a MMO FPS type game.
http://www.giantbomb.com/news/pour-o...urvarium/4104/
2) The creator of the Resident Evil series, Shinji Mikami, announces his studio is currently developing a survival horror game with the placeholder name called "Zwei" and would be released in 2013.
http://www.egmnow.com/articles/news/...l-horror-game/
3) Crytek joins the growing list of companies who actually like the idea of next gen consoles blocking the ability to play used games with Crytek saying it would be "absolutely awesome" if it becomes true.
http://www.egmnow.com/articles/news/...utely-awesome/