Game developer and Metal Gear Solid series creator Hideo Kojima told game news site IGN that he "definitely want[s] to create something with [director Guillermo del Toro]." He added, "I have no idea what I'll be working on with him, if it'll be a game, a movie, anime."

Kojima and the acclaimed film director of Pan's Labyrinth, Hellboy, Mimic, Blade II, and Pacific Rim were originally planning to work together on Konami's Silent Hills title. They released the "P.T." playable teaser before Konami cancelled the project. The director had previously told IGN, "I love working with Kojima-san. […] We are still in touch. We are still friends and working into doing something together, but that's not going to be [ Silent Hills ]."

IGN also published an interview with Kojima, as well as with Metal Gear Solid producer Kenichiro Imaizumi and artist Yoji Shinkawa, who are also part of Kojima's new Kojima Productions game development studio. Both Imaizumi and Shinkawa previously worked with Kojima on his Metal Gear Solid series.

In the interview, Kojima states that he is "thinking smaller-scale, not too many people, and focusing on game creation at first." The studio plans to branch out into other media besides games, with a focus on digital content. Kojima cites movies or animation as a possibility.

Shinkawa will oversee art production in Kojima Productions including "characters, concepts for the backgrounds, concepts for the mechs." Kojima stated that he did not yet know which engine they would be using for their new project. During the development of Metal Gear Solid V: Ground Zeroes and Metal Gear Solid V: The Phantom Pain Kojima's team created the Fox Engine for the games.

The newly founded Kojima Productions and Sony are collaborating on a game that will be a console-exclusive for PlayStation 4.