Or does it? (No, it doesn’t - quit arguing otherwise.)
In an interesting interview, David Chase describes what he was going for in the final scene of The Sopranos, shot by shot. And in the end, it wasn’t about hinting what happens next, but simply showing that this is their life.
I thought people kept asking David Chase what to make of that scene? The man put it on the tape. Take it or leave it.
I re-watched that finale scene, and hadn’t noticed that Little Feat’s “All that you dream” is playing, till Tony pressed the button for that Journey song.
The cut to black is the end of the show; nothing happens after that. You can imagine on your own what happened next, but a definitive “yes he was killed/no he wasn’t” was not Chase’s intention. He has said as much before. I found this interview interesting because this time he was explicit about what he did intend to say in the final scene, whereas before he’s simply said what he didn’t intend. And it’s interesting because no matter what he says, no one will believe him anyway (yet they keep asking him).
I want Ed Zotti to weigh in. I’m guessing he’d give the same answer he did for Inception: