jman, not quite. Troika, a team largely made up of the original creators of Fallout had placed a bid to make fallout 3 but were unfortunately, outbid by bethesda. Interplay was even making a game in the series under the code name of van buren.
To say the series was dead sounds a bit ignorant as there was a tremendous amount of interest in it from various parties. To relate it to your example with Chrono Cross, it would be as if they had plans to make a real sequel to Chronotrigger, but at the last minute, EA bought the rights and decided to do it their own way.







