Everybody has heard of L.A. Noire, the PS3 exclusive game being developed by Team Bondi. Many thought of L.A. Noire to be the Rockstar-Sony exclusive, this is, in fact, untrue as stated by Jack Tretton in an interview with Geoff Keighley.
In 2004 Team Bondi stated they've signed a "long-term exclusive" deal with Sony while in 2007 a supposed rumor started by Surfer Girl stated that Sony have pulled funding from L.A. Noire since they were "unimpressed" with the game.
I for one, believe the rumor to be false. The deal was announced in 2004 and the supposed rumor was started in 2007. In a 3 years time Sony would've poured millions of dollars into the project (assuming the project started in 2004). Why would Sony do this? Sure they've "canned" 8 Days and The Getaway, but they were first party titles so Sony could always go back to finishing the projects. L.A. Noire, however, is a third party title so how would Sony benefit from pulling the funding? They would not lose an exclusive title, but also millions of dollars.