The Smed Blog.

In a nice wee ramble about ChinaJoy (It's like E3, but bigger...) Smed blogs:

We have four diverse MMO titles in internal development, not counting the five MMOs we currently have live, or our partnership with Sigil for Vanguard.

Each of these new games is aimed at a very different market and all of them are in different genres. From our perspective, it’s time to shake things up a bit in the online gaming space. We’re aiming for very high production values that will bring us (and gamers) into completely new places. We’re bringing mercenaries, spies, super-heroes and a new whimsical world to life as I write this. We’re also concentrating on bringing each of these games to you on both the PC and the upcoming PlayStation 3.

With the exception of the DC Comics game we’re working on, each of these games is an original IP. Our teams in San Diego, Austin, Seattle and Taiwan are excited about working on game worlds that we’re developing ourselves. It’s often frustrating to work with third party IP. There’s a constant battle over what the right direction is for the game, and from our own recent experience, it’s not something we enjoy. It very often puts handcuffs on what we can and can’t do and, frankly speaking, it’s a lot harder to make great games when the IP holders don’t understand the online gaming market.

(My emphasis added)