
gamingbolt says: "The team will work on an unannounced "high visibility project" in collaboration with The Last of Us and Uncharted developer Naughty Dog."

Microsoft announced its financial results for Q3 of fiscal year 2026, including an update on its gaming Xbox business and more.
Not looking good. Hopefully Asha Sharma is able to turn Phil’s disaster around.
To me it's still quite remarkable how they can cash-in 5.3bn in revenue in a single quarter, since their hardware is basically dead.

Spiders: "We're going to cut straight to the chase so you're not left wondering: After a long period without clear answers, we have received confirmation that Spiders is being liquidated.
What does it mean? This means the company as a whole no longer exists. We'll cease our functions immediately. The planned DLC will release via Nacon, and then-- well, that's it.
We're sorry that it's come to this and would like to thank each and every one of you for your support over the years.
If you have any questions or run into issues with your games, please contact Nacon directly as we'll no longer be able to reply."

Today, Koei Tecmo announced its financial results for the full fiscal year 2025, related to the period between April 2025 and March 2026.
"Many will recognize it as Sony Visual Arts Service Group, which reportedly headed up The Last of Us Part 1 before it was moved under Naughty Dog’s budget. The group was then allegedly demoted to a support studio."
Wait, what? ND didn't create TLOU? I didn't realize it was someone else's game that they took over.
Sony making moves again.
'Sony is Creating a New Internal Development Team.'
Microsoft: "Interesting...what is 'creating', please"?
There's been a longstanding rumor for a while now of a team somewhere in Southern California working on Uncharted 5. Maybe this finally lends credence to it.
A new team to work with and probably help naughty dog. Anyone who knows Niels history is aware he is not very capable of spearheading a successful new IP let alone a good fully developed concept.
Future looks better for naughty dog. Disliked tlou2 and disliked uncharted 4. Hopefully they make something new that I can enjoy like I enjoyed all the other uncharteds and tlou1.