So what now, Punch-Out fans??

Despite my apparent hope of Nintendo going back to Punch Out at one point, the situation seems to be difficult according to rumors about NLG just not feeling like going back to the series at all.

Apparently the stereotypes of the characters is something that had backlash back in 2009 when the Wii game released, and with today's increasingly sensitive society that is offended over every little thing I can see that being a bit of an issue, but according to rumors, it's more about the profitability of the franchise.

Is there hope for Punch-Out to ever comeback at the very least with a different studio? Or could all these rumors be wrong? Alpha Dream went under yet we still got Brothership, and both Advance Wars and Another Code received remakes as well as Famicom Deteictive Club which even got a new game apart from the remakes, is it possible that Punch-Out Will become the next EarthBound? Where people love it but they'll never make a new one? Or is there hope considering Nintendo's efforts to nurture their I.P's?