You know that P.T. demo that got everyone excited? At the end, it was revealed that it would be for a new Silent Hills game starring Norman Reedus of The Walking Dead and Boondock Saints fame? Guillermo del Toro, an awesome and visually impressive director, was attached to the game. That game might not happen.
From this tweet, it del Toro is saying the game is not going to happen. No other details are available, but some folks are speculating that it's because Kojima is no longer associated with Konami.
Also, the P.T. demo is be being removed from the PlayStation Store after April 29th, so if you haven't gotten it you better hurry before it gets taken down in 3 days.
Hopefully, we'll get more info soon as to why the game isn't happening, but I know a lot of people that's going to be really disappointed by this bit of news.