Word from NCSoft (from IGN)
Long term goals...
My new Youtube Channel with CoH info
You might know me as FlintEastwood now on Freedom

Their long-term goals of crashing and burning by shutting down their most successful game.
"You don't lose levels. You don't have equipment to wear out, repair, or lose, or that anyone can steal from you. About the only thing lighter than debt they could do is have an NPC walk by, point and laugh before you can go to the hospital or base." -Memphis_Bill
We will honor the past, and fight to the last, it will be a good way to die...
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NCsoft has also provided a statement to IGN regarding the shut down:
Both NCsoft and Paragon Studios are incredibly proud of the success of City of Heroes, but unfortunately, the continued support of the franchise no longer fits within our long term goals for the company. All employees at Paragon Studios are affected by this decision, including the management team.
We will begin the City of Heroes sun setting process immediately with the goal to officially stop our service offerings for the franchise on November 30, 2012.
This was a very tough decision to make and wish the best for all Paragon Studio employees in their next ventures.
More specific details on the shutdown process will be made available in the coming weeks. Other MMOs have gone out with a bang via massive server-spanning events. Hopefully City of Heroes will be given an equally epic send-off.
or Copy/Paste
http://www.ign.com/articles/2012/08/...per-shuts-down