(UPDATE) Silent Hills has been cancelled

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RolfXCIV

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Do you want to know how to shoot yourself in the foot? Because this is how to shoot yourself in the foot.

Anyway for those who are interested into legit Videogame Journalism:

Based on this video, it seems this is less about some serious issue like financial problems and more about cleaning the house. The Metal Gear series is scheduled to end for about a decade, the profits from it have been declining and the costs rising. In its Wikipedia page, Konami is referred as the fifth-largest game company in the world by revenue; however, the games market researcher Newzoo listed Konami as the twentieth-largest two weeks ago: http://www.newzoo.com/free/rankings/top-25-companies-by-game-revenues/ As said in the video, there is a push to legalize gambling in Japan, and Konami wants to be ready to become a frontrunner in this huge business. Curiously enough, this can't be seen as going against their clients, because this is what they want, whilst Metal Gear's audience has been diminishing. Supply and demand. I'll make a supposition, that they will make one or both of these actions: invest more in the growing mobile gaming, pour new blood in their gaming developers - I think these two are intertwined. However, they also know they have a cult following, popular gaming franchises and big-budget games are here to stay, as some companies with a big emphasis on them are present and somewhat established in the top 25 companies by game revenues. Another supposition is that Silent Hills is a casualty because of the Kojima affair, and not a standalone decision guided by profit; this might mean they'll use the work already done in a new title, and the ideas and developments in this one might still be present in the new game.

Hideo Kojima made great games and will probably continue to make them, but it tells something that a widely-anticipated iteration of an established franchise has been cancelled because Kojima won't work on it, despite other sonant names and probably a lot of talent being involved in the development. He'll be fine, another company will take him or he might have enough influence to fund a new good game developer/publisher. Who knows, he might create new great series to push gaming development forward and appeal to an younger audience.
 

CathyRina

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this might mean they'll use the work already done in a new title, and the ideas and developments in this one might still be present in the new game.
I'm pretty sure they said that they're abandoning Silent hills entirely and the next Silent hill game will be made out from scratch.
 

RolfXCIV

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I'm pretty sure they said that they're abandoning Silent hills entirely and the next Silent hill game will be made out from scratch.


Oh, that's unfortunate. Is it known if the people involved in the development are still the same, bar Kojima?
 

CathyRina

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Oh, that's unfortunate. Is it known if the people involved in the development are still the same, bar Kojima?
It's still out in the open. Konami is, if what they told is true, still discussing what the next Silent hill game will be and who will work on it.
 

Issac

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If only those involved with the first four titles in the series would do the next game... I would be really happy.
 

JFTS

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Yeah, but it be could preserved so when the console is unlocked it will playable again for those who missed it.
 
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WiiCube_2013

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Yeah, but it be could preserved so when the console is unlocked it will playable again for those who missed it.
If it's like on PS3 then it'll work whenever but when it comes down to full games even if they were free (Welcome Pack 2011) it still needs to be reconnected to the internet to renew the licence and then that's unfortunate, because at some point they'll shut down the servers for PS3.

At least with 360 games/demos I know I can play them as long as I have the files and profile, heck, it literally feels like a physical game as I can transfer the files to PC and burn it to a CD/DVD but that's unnecessary.
 

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