A new rumor has whacked the industry today: Sumo Digital (Sonic All Stars Racing Transformed) could have changed Sonic for the sackboys. The team could be developing LittleBigPlanet 3 instead of Media Molecule. Media Molecule is working on Tearaway for PS Vita, a game with stunning arts.
Sumo have got a little experience with LBP, they had developed the cross controller patch for LittleBigPlanet 2, this add allowed you to use PS Vita like a pad controller.
LittleBigPlanet 3 could release on PS3. Personally, I would expect the game running on Orbis, but Sony use to enlarge their consoles life and LBP make a lot of money with their adds, DLC, etc. The franchise is settled in that system, so could still have a little space for the third part.
Thanks, VG24/7. Picture Destructoid.