It has been rumored that Smash Bros. Universe idea page was leaked and now Masahiro Sakurai twitter that unless the current project Kid Icarus is done, Smash Bros. Universe will not be progressing.

“I’m currently concentrating on one title, Kid Icarus. Until this wraps up, Smash Bros. will not progress. Of course, characters have not been decided at all.” – Masahiro Sakurai

However, do not worry at all that Nintendo is not planning Smash Bros. Universe. So, at least now you know that once Kid Icarus is out, Smash Bros. Universe will be right around the corner.