Publisher Activision has just added a few more games and maybe one more development studio to its kill count. A now partially confirmed report says that the mega-publisher has axed the Guitar Hero franchise, killed its True Crime reboot and fired much of Freestyle Games.
Update: Activision confirms that Guitar Hero and True Crime: Hong Kong are no more, writing "due to continued declines in the music genre, the company will disband Activision Publishing's Guitar Hero business unit and discontinue development on its Guitar Hero game for 2011. The company also will stop development on True Crime: Hong Kong. These decisions are based on the desire to focus on the greatest opportunities that the company currently has to create the world's best interactive entertainment experiences."
Activision's True Crime update, formerly True Crime: Hong Kong, was pushed back to calendar year 2011 last summer. The title was in development at Modnation Racers studio United Front Games. We last saw the game at GDC 2010.