He's right, it sold poorly.
What he's trying to say is that unless Shenmue changes to cater to a bigger audience, there's no way Shenmue 4 will get funding.
Unfortunately Shenmue is a project that requires a big budget and a dedicated team, much like the Yakuza series.
It's impossible to do a big game with an indie budget.
Keep your hopes down.
The sad truth.
Yakuza/Judgement team working on Shen Mue would be amazing. More grounded combat though, side missions and some next level interaction and attention to detail.
Shen Mue wasnt linear, or open world. It was “FREE” Full Reactive Eyes Entertainment lol