Alright, horror game franchise, and it's mostly thanks to the success of the Resident Evil series.
Since the cancellation of the Hideo Kojima-directed Silent Hills and Bloober Team may be handling one of them. Other than DLC for Dead by Daylight, nothing has materialised.
Adding fuel to the pyramid-shaped fire, Christophe Gans – the director of the first Silent Hill movie – explained in a French interview (thanks, ResetEra) that "the franchise is going to be relaunched in of videogames" and publisher Konami has "been galvanized by the success of the Resident Evil 2 and 3 reboots" to return to the world of Silent Hill.
Furthermore, Gans – who says he is working on a third Silent Hill movie, supposedly for 2023, and maybe a Fatal Frame one too – says the new film "will become part of a global policy" for the series and is "part of a whole." If correct, it seems like Konami is indeed planning a big push for the return of Silent Hill.
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Hopefully, we'll actually get some sort of official announcement soon. If you can't wait, the Total Chaos mod for Doom – which is basically a new Silent Hill game – is getting an Unreal 5 remake.