
Sometime around November of last year, there were reports that developer Frozen Codebase (formerly Forzen Codebase) was elevated to the status of an authorized Xbox 360 developer.
Quite curiously, QJ found a job listing over at the dev's official site that requires one year experience of directly working on a major console including the Wii. The position is for a senior engine/console programmer that will be joining Frozen's team to create a next-gen title. Now, this next-gen game has been publicized but there are still no details about it yet as of this writing.

'The economy is in shambles and these companies are still talking about sustaining growth instead of sustaining their business.'
They should just make games. That sounds crazy, I know, but, hear me out.
No need for dev-times to.take 3+ years. Just stick to formula. Not every game needs to be bigger & better than everything else. Not every game needs to be GaaS. Not every game needs to completely re-invent the wheel.
They KNOW how to make a cool Splinter Cell game; Interesting story, 8-10 levels, just go and make it. Give the people want they know, want and love. It doesn't need to be a shared online experience. It doesn't need to be an epic big open world. It doesn't need celebrity voice-acting. Just make a cool new SC game, and the fans will be happy and pick it up. Easy. Done. Next one.
Same for Prince of Persia, Watch-Dogs, Assassin's Creed, Trials, Rayman, Brothers in Arms, etc.

The State of the Game Industry reports US-based tariffs are impacting 38 percent of business leaders in the game industry, affecting financial decisions.

Revenue rose by only 0.2% year-on-year, while downloads increased by 4.6%