Toys for Bob is an american video game studio owned by Activision, mostly known for their work on such games as Pandemonium! and the Skylanders series. In 2008 Toys for Bob with support from Underground Development tried to pitch a new Crash Bandicoot game, but without any luck.
In the end Activision was not interested: they closed down Underground Development and gave the Spyro IP to Toys for Bob to develop Skylanders: Spyro’s Adventure (released in 2011). Only a couple artworks for this cancelled Crash Bandicoot game were found by fan of the series and preserved online.