Rumor: EA to Cancel Need for Speed Series

In past years the Need for Speed series has always remained one of EA’s best performing franchises. With the release of Need for Speed: Undercover last month, expectations were high for the series to produce some much needed revenue to make up for the publisher’s rather disappointing holiday sales. Unfortunately, it didn’t even manage to capture a spot in the top 20 game sales of November which comes as a shock considering previous installments of the series sold well into the multiple millions.

So what is the EA solution? Hit the jump to find out.

Yesterday on The Electric Playground it was announced that EA had cancelled development on all current Need for Speed projects and would not be producing any more installments of the series. When contacted about the cancellation, EA neither denied or confirmed if the rumor was true.

“We’re working through a process on people, products, and facilities at EA and don’t have any announcements today.” — The Electric Playground via 1UP

It seems as if EA is finding ways to survive the current econonomic situation and it wouldn’t surprise me if this was true. The Need for Speed series has always sold very well in the past but with the latest release performing well under expectations it could be time for EA to put it on a temporary hiatus.