From OXCGN:
"While there are still conflicting reports that Free Radical is under administration, or that members have left and formed a new studio called Pumpkin Beach, or that the studio has just been shut down forever without notice, what seems clear is that the Timesplitters franchise, created by Free Radical, which many of us hoped to see made for the new generation will probably now never be made.
Timesplitters was one of the first console games to offer gamers a simple map editor, which, as anyone who has fooled around with Far Cry 2's excellent editor can attest to, is incredible fun. Sure the games hardly had any plot, but they were very satirical of movies and games. Now, that announced fourth game, in production for more than a year, will probably never come.
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