Dead Phoenix was a video game for the Nintendo GameCube that was never released. It was announced as one of the Capcom Five, a set of five Capcom-developed games originally planned as GameCube exclusives. The failed to make an appearance at E3 2003 and was subsequently removed from Capcom’s website and release schedule.
Very little is actually known about Dead Phoenix. The game was cancelled before sufficient development had taken place, so details, such as those regarding the story or gameplay, are virtually unknown. It was said to be set in a somewhat mythical world, full of demons, and dragons. Early screenshots show the player character flying through large, open-ended environments and doing battle with numerous monsters.
Although the game was cancelled, rumors of it being brought back into development are common within certain circles of gamers. One rumor that has become infamous is IGN’s theory of Dead Phoenix being the next generation of Kid Icarus, which began with an article covering GameCube rumors.
While fans have hoped for a continuation of the Dead Phoenix project, Capcom has refused to comment on the possibility of a resurrection. As further confirmation of the game’s demise, the trademark in the United States Patent and Trademark Office was listed as “Abandoned-Failure To Respond Or Late Response” in 2004. Therefore, it is unlikely Capcom will ever return to the project. [Infos from Wikipedia]
[Thanks to Matt Gander for the Art Title!]