FromSoftware did not officially cancel Dark Souls 4 for Elden Ring. Instead, the studio has expressed a desire to move beyond sequels to focus on new IPs and creative projects. Hidetaka Miyazaki, the director of the Dark Souls series, has stated that the studio prefers to explore new ideas rather than revisit existing franchises like Dark Souls34.
Elden Ring is not a direct replacement for Dark Souls 4 but rather a new IP that FromSoftware developed in collaboration with George R.R. Martin. The success of Elden Ring has led to the announcement of a spin-off, Elden Ring Nightreign, but there are no plans for a direct sequel to Elden Ring26.
As for future Dark Souls games, it seems unlikely that FromSoftware will return to the series anytime soon. Miyazaki has emphasized the importance of creative freedom and exploring different genres, which suggests that the studio is focusing on new projects rather than revisiting existing ones34. However, FromSoftware is working on multiple titles across various genres, which could include revivals of older IPs or entirely new franchises9.
New IPs and Genres: FromSoftware is actively developing several projects across different genres, some of which are directed by Miyazaki himself9.
Revival of Classic IPs: There is speculation about the revival of older franchises like King's Field, given the success of Armored Core VI: Fires of Rubicon6.
No Direct Sequels: Currently, there are no plans for direct sequels to Elden Ring or a return to Dark Souls24.
Overall, while Dark Souls 4 is not in development, FromSoftware remains committed to innovation and exploring new creative avenues.