That's a little rumour Giant Bomb are putting out there. Apparently Activision, as part of their pledge to innovate with the next instalments of the long-running franchise, have taken the series creators (and sole developers for the last decade) off the property, and have handed the reins over to Robomodo, a new studio consisting of former EA Chicago staffers. A studio who are currently "working on a project for Activision".
@Mamba:I'd be less dismayed if it doesn't suck.
Neversoft's let them selfs get into a well paid rut for years and years with THPS, so putting a new team on it could very well save it although at this point THPS is like Madden and will always have people who buy it year after year after year.