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Konami annual report confirms Silent Hill: Townfall survived Annapurna's studio collapse

Summary
Konami's Q3 FY2025 earnings filing confirms Silent Hill: Townfall remains in active development.
The filing is the only concrete update since mass resignations hit Annapurna Interactive in 2024.
No release window or platform slate has been announced.
Townfall's survival under severe partner disruption signals a deliberate IP control structure.
01

Earnings filing, not a press release, disclosed Townfall's active status

Konami's nine-month financial results stated it is developing a new Silent Hill title and a first-game remake.
"We are currently developing a brand-new title in the Silent Hill series, as well as a remake of the first installment."
— Konami, Consolidated Financial Results
Initial reads misidentified this as a second unannounced game; Konami clarified to Gematsu it refers only to Townfall.
Pipeline updates buried in earnings filings are a pattern worth tracking for IP intelligence.
02

Annapurna's near-total staff exodus tested Konami's decentralized model

In 2024, mass departures at Annapurna Interactive threatened every title in its co-development pipeline.
Konami confirmed Townfall's continuation that same year without cancellation or studio reassignment.
The partner studio has since rebranded as Screen Burn, signaling reorganization rather than dissolution.
Konami retaining IP ownership while the partner reconstituted itself is the mechanism that kept the project alive.
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