There will be no more first-party PS Vita titles developed by Sony.
It's no secret that Sony's PlayStation Vita hasn't been the smashing success it hoped it to be. In fact, the company freely admitted that the device failed, and stated it had no plans for a follow-up. Now, it has announced that all first-party support for the Vita has been halted - meaning that you won't see any more Sony-developed titles for it.
In an interview with Japanese gaming magazine 4Gamer, Sony Computer Entertainment SVP Masayasu Ito explained that "Currently, first-party studios have no titles in development for PS Vita. Since third-parties are working very hard on PS Vita, SCE's own strategy is to focus on PS4, which is a new platform."
Ito does, however, have faith in said third-party developers, telling us that "At the beginning the PS Vita did not resonate with age targets under 20, but now the situation is changing and the popularity with younger demographics is increasing. Minecraft: PS Vita Edition has provided a boost."
Really looks like Sony is keen to let this one fall to the wayside as a cautionary tale, while instead pouring its focus into the much better performing PlayStation 4.