I wonder what MK12 could do to compete with SF6 and Tekken 8? Not to mention, SNK is still doing stuff for KOF15 and they have a new Fatal Fury game in the works. NRS and WB need to do something big to get people hype up for MK again.
Oh they are in deep shit. They have been cutting down on the content, since MK9. If we look past smoke and mirrors. Let's compare MK9, MKX and MK11 content wise.
If the tower has the same objective as others or don't have drastically different features, they don't count as a separate game mode.
MK9: Story Mode, Traditional Towers, Krypt, Challenge Tower, Test Your Might, Test Your Sight, Test Your Strike, Test Your Luck, Tag Mode, Online.
(10 separate game modes,)
MKX: Story Mode, Traditional Towers, Krypt, Test Your Might, Test Your Luck, Faction War (Faction towers are pretty much the same towers, as traditional towers) and technically Online Towers (Hourly, Daily, Premier), Online.
(8 separate game modes. 7 if we don't count technicalities)
MK11: Story Mode, Traditional Towers, Krypt, Towers of Time (literally Test Your Luck towers with different paintjob, so it counts as 1, not 10000 like some idiots claim), Tag Mode (same as Towers of Time, just with "multiplayer"), Online.
(6 separate game modes. I don't count A.I battles as it is a glorified Versus CPU battles, that we can do in any other fighting game and you also don't really PLAY that)
So now that SF6 came out guns blazing with their own Konquest mode, that should have humbled NRS quite a lot. Not to mention a character creation mode. Interactive multiplayer lobby. Unofficial modding support (people already modded BETA after all). ACTUAL different game modes. Yeah. Whatever they were cooking, it definitely felt short of what SF6 brought out. I do hope for everyone's collective sanity, that SF6 doesn't fall short. But with what they already shown, it made it clear to NRS, that not even their name will be enough this time. SF6 set the bar back to what we had in 2004. So another MK11 won't fly for people.
Doesn't matter if they make the game look photorealistic. People WILL compare the amount of content between the two. Also it is very likely that both Tekken and Street Fighter will have the character creation mode (as Tekken devs were surprised on how popular it was in Tekken 7), so NRS is definitely feeling pressure.
Or... they will just try to ride on Name alone.