Possession only on hold temporarily

Britz confirm to Gamesindustry.biz that the Possession team is, infact working and a new game with ideas from Possession.
Possession is 100% alive and kicking, from the article:

"Work on Possession is temporarily on hold but only because we've reassigned the team to work on a major new project on PS3 and Xbox 360," said a senior spokesperson for the company.