Initial reports said that Hideo Kojima was in talks with Sony to form a new studio. It was said that it would be Hideo Kojima and former Kojima Productions staff working alongside Sony. However, updated news now says that only part of that is true. Kojima is reportedly still forming his own studio with former Kojima Productions staff. Except that instead of being partnered with Sony, he is forming an independent studio with negotiations being made with Sony to have their first game debut on PlayStation.

For those getting their hopes up for Kojima continuing the Metal Gear franchise or even Silent Hills, think again. Those properties are still owned by Konami. Of course, that doesn't mean Kojima won't end up making a horror game based off of the ideas found in P.T. or Silent Hills.

(via GameSpot, original story by Nikkei)