President and CEO of Platinum Games, Kenichi Sato, has released a statement following Scalebound's cancellation.
"We’re sorry to say that on January 9, 2017, Microsoft Studios announced the cancellation of Scalebound. We are very disappointed things ended up this way, especially since we know many of our fans were looking forward to this game as much as we were.
"Going forward, we will strive to continue delivering high-quality games to you, starting with NieR: Automata in March, and including products like GRANBLUE FANTASY Project Re: Link and LOST ORDER in the future.
"We will keep working hard to meet your expectations and we look forward to your continued support!"
Microsoft have confirmed that Sclebound, an Xbox One and PC exclusive, is no more.
"After careful deliberation, Microsoft Studios has come to the decision to end production for Scalebound. We're working hard to deliver an amazing lineup of games to our fans this year, including Halo Wars 2, Crackdown 3, State of Decay 2, Sea of Thieves and other great experiences."
At least Xbox owners still have something to look forward to in 2017, then.
What do you think about the news? Were you looking forward to Scalebound, or were you put off by the dodgy performance in early gameplay videos? Let us know in the forums or comments below.