The Order IP could easily be considered dead now by Sony. I say get RAD on Bloodborne 2 for the tech side and they could even reuse a lot of the assets they made.
Sony need to recognize when to stop making new IP for the sake of it if they don't put in the effort it deserves, cuz TO could've been something great if the vision and resources were there. FWIW I liked the game.
It's clear that most of the budget behind The Order went into creating an engine for future titles. The game was basically a showcase for the engine, personally I enjoyed it, it was pretty good for what it is (an interactive movie) but it's undeniable that it could have been much more and a much better game if only they copied Uncharted/Gears design properly.
Right now the biggest obstacle against a sequel are not the sales which eventually with bundles and digital copies will be decent enough but the tarnished name and brand reputation caused by the exaggerated negative press, which means that even if they can improve the game considerably they will still have to fight against a stigma of bad quality which will be difficult to get rid of.
So there are three possibilities....:
1)They risk, they try to make a great game this time focusing on gameplay, hoping that quality will win gamers (as it should). A sequel will be easier to make because the universe, characters and other aspects are already done. This was the original plan afterall.
2)Sony still wants to work with RAD but they decide that The Order was a failure and can't be saved, they use the engine to make a new game in the same genre but with different story/universe,etc
3)The relationship between RAD and Sony ends like it ended with Ninja Theory after Heavenly Sword. RAD goes multiplaform and makes a new IP.
We'll see what happens.