Joseph1957: Is this for financial reasons?
I have no idea, really, but I don't think so, for both parties involved.
FunCom doesn't want to make single player games any more, and they are not stupid as well: They KNOW that a Longest Journey MMO would just bomb hard. It doesn't make that much sense for them to demand a license back if they'd just sit on and do nothing with it.
Still, taking the perspective of FunCom... I'd feel strange if another studio built its entire reputation on
my intellectual property. Maybe this is indeed a wait and see approach. If RTG continues to thrive even on their own IPs, "The Longest Journey Home" will eventually happen.
From the perspective of RTG, the financially safest bet would of course be to just continue with The Longest Journey stuff. It's a risky and commendable decision to not go that route. They'll do a short horror adventure game called
Draugen next, completely their own IP, and I guess they'll be making a bigger non TLJ related game afterwards.
I just hope they're making enough money to keep going and to keep the team together, make games and genres that I like, and of course keep distributing DRM free. It's the people you want to support in the first place, not the franchise, after all...
I'm of course eyeing 2020 for The Longest Journey Home, but for RTG, the next years definitely won't be TLJ related.