I was surprised to hear that a second Ryse title was ever even planned in the first place, but it turns out that Ryse 2, the sequel to the first Xbox One exclusive by Crytek will most likely be canned, due to various financial issues Crytek is currently dealing with.
Rumors about Crytek's financial struggle have been spreading for a few months now, and it seems all we hear from the company today are in regards to their inability to pay the bills.
However, the true cause behind the alleged cancellation of Ryse 2 simply comes down to a disagreement between Crytek and Microsoft. It seems Microsoft was happy to fund the cost for a Ryse sequel, but only if Crytek gave the full rights to the IP to Microsoft.
Despite lots of talk about Crytek's bad financial position, it seems they are still going full steam ahead with their latest announced title, Homefront: The Revolution. However, it's possible the new Homefront game may never make it to retail either, as many developers working for Crytek are complaining about lack of pay, and many have left various Crytek studios across the world due to these issues.
It's likely Crytek won't have a very bright future ahead of them unless they can somehow recuperate their current financial losses. I'm not too bothered about a lack of a Ryse sequel, but it would be nice to see Homefront: The Revolution make it to reality.