PlatinumGames is working on a new IP, studio producer Atsushi Inaba teased during a keynote at BitSummit.

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While Inaba-san remained tight-lipped on the project, describing it as a "formless, shapeless IP," according to DualShockers , he did confirm a new director will be involved in the game.In addition to developing the critically acclaimed Nier: Automata, PlatinumGames is also the studio behind both Bayonetta games, as well as Metal Gear Solid Rising: Revengeance, Vanquish ( which is coming to PC next week ) and several other titles.Inaba-san also spoke to the studio's release pace going forward, saying he's not sure if Platinum will continue to launch a new title every single year.Not long ago, PlatinumGames was developing a new IP called Scalebound as a Microsoft-exclusive title. The project was canceled back in January, but Microsoft renewed its trademark for Scalebound earlier this month.

Alex Osborn is a freelance writer for IGN. You can follow him on Twitter and subscribe to his YouTube channel.