Ubisoft says that they've got people working on some sort of Beyond Good & Evil stuff, but that, despite the appearance of supposed leaked footage months ago, a second game is by no means a sure thing.
Early in May some footage leaked that looked a lot like Beyond Good & Evil 2, leading some folks to get their hopes up for an announcement at E3, while others told everyone to simmer down since the video appeared to be just proof of concept footage or a very nice trailer.
Seems that the latter group was in the right here, because as Ubisoft has revealed, Beyond Good & Evil 2 is far from a sure thing. "Whether or not it comes out remains to be seen anyway, but we didn't want to abandon that IP because it has a cache and authenticity about it," Ubisoft's Laurent Detoc told IndustryGamers. "There's something very pure about that game and it's too bad that we were not able to build it as an IP at the time."
Detoc confirmed knowledge of the leak and that Ubisoft has "been working on some Beyond Good and Evil stuff," but "whether there's going to be another game or not, that's something for the future." So there could be another BG&E, but don't starting holding your breath for it just yet. Ubisoft seems only to be working on the franchise because "the creative talent is interested in it and possibly exploring how to do it from a new angle."
As for that leaked video, Detoc confirmed that it was a legitimate leak and not an marketing ploy. "I'll tell you, I didn't know about the leak and neither did my boss," he said. "The problem when you do stuff like [intentional leaks] is if you get caught it's really bad."