News story here
I played City of Heroes for several years. I finally stopped a few months back, mainly due to playing the new Star Wars (which is really good). In any case, I figured Paragon was working on CoH2, and would release it in a year or so. Guess I was wrong. NCSoft fired a good chunk of the employees, and will be shutting down the CoH servers before the end of the year.
Let this be a reminder to everyone: You do not buy an MMO game (or even something like Skyrim or Diablo 3, that requires an internet connection). You are merely renting it. At any given time, the servers can be closed and all of those hours you spent creating your perfect characters are gone. Just like that. So take time to go outside and meet some real people and become friends. (I can only imagine the nerd explosion if the WoW servers got shut down with only a few months notice).