It is finished then...

Wonderful, now Square Enix can concentrate on the real FF titles like Final Fantasy 13-3 and Theatryrythm. Screw the fans who've been waiting for 6 years, just continue to work on that godawful MMO. Thanks Square, this is why we love you.

Seems doubtful considering there's Versus 13 dlc for theatrhythm in Japan.

Nah.

Remember when PS3 fans threatened to kill Wada in Japan for betraying them?

Imagine that, but multiplied by about 150.

Nonsense.
It's still there. I can feel it.

Edit: after reading the article again, this could mean the game is simply retitled to Final Fantasy XV, which is great news ^^

To be honest I won't believe unless we go into next yearbwith no additional info. Reasons being:

1) everyone assumes this game has been in full development since its reveal in 2006, but that trailer was simply a concept trailer. Their was no actual game at the time. Nomura himself stated that the game only entered full production in 2010. Before the team were splintered helping finish XIII. So people who had previously assume something was wrong because of the lengthy development cycle were in fact misinformed. Most massive world games usually enter development for 3 or more years, excluding planning, by that logic one would expect versus XIII to be released late next year.

2) The second reason I doubt this is because we have already seen very functional gameplay essential mimicking kingdom hearts and behind doors even more has been shown, including sprawling maps and cities. The fact is so many assets have already been invested in this game, I see no reason why square would cancel it.

It may be canceled but contrary to what everyone else was saying, I would be very surprised. I hope square learned from  this. Don't announce games the minute they've been green light and actually wait until the game is 60% complete or more.

@teigaga:
My thoughts exactly. They even have the characters dubbed and the gameplay layed out.

When you think about it, even if Versus would turn out to be a mediocre game, the mere fact that it is entitled "Final Fantasy" would ensure that it would sell relatively well.

No surprises here. So long as the assets (provided they were good) are involved in FFXV, nothing will have been lost.

I'd imagine this has been decided after the lackluster sales of FFXIII-2 then?

If this were true and they were upset with XIII-2 sales, then they wouldnt be planning to announce XIII-3 in September.

http://andriasang.com/con201/ffxiii_developments/

I also doubt this will be changed to XV. Ito is working on XV. It cant be that far away from release. Id imagine if this did get changed, we would be looking at something similar to type-0.