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S.T.A.G.E. on 05 April 2016
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Swordmasterman said:
S.T.A.G.E. said:

You do not fund a game for almost (if not fully) a decade and not expect quality in yourself and not expect profit. They will need to market the shit out of the last guardian. They cannot justify the length of its development without taking the dive. It needs to make its money back and then some or else it was just a waste of time. GTA will always sell 20-30 million copies, they are excempt from a lot of peoples arguments. Not to mention the last guardian is an exclusive, so I doubt sony is expecting final fantasy numbers (unless the game is capable of reaching such a crowd (which i doubt). Final Fantasy should make its return with enough media hype or else a huge amount of wind will be knocked out of Square Enix. Final Fantasy saved Square from going under once and they are trying to make sure lightening strikes twice.

Once again, Final Fantasy 13 Versus, was cancelled, they  had to do everything again, changes the History and  some things, changed the name for the game have a bigger budget, and the Director once stated that the Game, don't have a different budget than The Witcher 3, or Metal Gear Solid V, the game might had 100-120 Millions of Budget, i think.

The game wasnt canceled. They most likely changed the name for two reasons:

1) Making it a full Final Fantasy game instead of a side game is more fulfilling based on the development effort. Its also the first game to truly show off the new direction which the FF series is going.

2) Microsoft wanted to get their hands on the game so the only other way to make the same game  get into Microsofts hands legally was by changing the name.

Final Fantasy is the primary title of Square and for reasons beyond just business they must make sure it stays their top feature. The name was changed because it was best for business, not because it was cancelled. That short changes a decade (or more) worth of work.