"We're talking to publishers at the moment about whether that's [TimeSplitters] a viable route or not," managing director Karl Hilton told Eurogamer at the GameCity festival in Nottingham last week.
"There hasn't been a TimeSplitters game for quite a while. Obviously TimeSplitters is a FPS with a strong multiplayer element. The question is, is that the way to go with another one, or should it go down a different route, or should we be developing a new IP altogether?
"It's down to us talking to publishers about what their interest is and where they see it going. If they're keen for a TS game, then we'd be happy to do one. If they'd like us to develop something new then we'd do that.
I am very interested in how this turns out. I'm hoping that a PC version turns out.