I feel pretty certain it's just the big fella's ego talkin, he ALWAYS says things like this leading up to a new album.
Then when it flops he starts to disown and blame others.
I think he does it just to garner extra interest/attention.
> http://postgazette.com/pg/09250/996110-129.stm
>
> Last question: Will there be a "Bat Out of Hell IV"? It's
> like a franchise.
>
> No, never. It was all about a trilogy and you know because
> of some of the things that happened. Jimmy wrote me an
> e-mail and said we need to do another thing, but it won't
> be called "Bat Out of Hell IV." I said, "Well, whenever
> you want to do it."
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