New LA Noire details emerge, could be on 360?

[Deviation59]

Dallinor said:

This is bizarre...

Sony suddenly stops funding an exclusive IP at least a year into production?

This just doesn't ring true. What would be the point? Both Sony and Rockstar would have signed contracts before development started. So why would Sony suddenly break these contracts and pull out? They've probably already invested quite a large amount of money in the project.

Either Sony see the title as a pointless money drain, or this is, indeed, just a wild rumour.

Brendan Macnamara (Team Bondi's president): "The project is wholly funded by Sony Computer Entertainment America. We have a long-term exclusive arrangement with SCEA."

 I thought we already knew that LA Noire wasn't an exclusive? Since when was Sony ever funding it? When Sony announced that they were partnering with Rockstar for a new PS3 exclusive, they didn't even announce a title - but they stated quite clearly that it wasn't LA Noire.

 Please find a quote to link on Sony funding LA Noire. That's completely new to me and I'm amazed that hasn't received extensive coverage if it's accurate.