Rumors of Electronic Arts cutting the Need for Speed series is looking confirmed. A press release from the publisher officially announced that they will be closing the studio EA Black Box, home to the Need for Speed and Skate franchises. News Source: PSPUpdates Update! NFS and Skate franchise are not dead. A quote: News Source: IGN IGN isn't exactly a credible source anymore..because they keep changing things or misunderstanding things but meh, we'll see.