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Lonely_Dolphin said:

If that's what ya want ya don't need to frame it as new IP. You can have new gameplay ideas using existing worlds and characters too as we've seen. We're about to get Luigi's Mansion 3, and while it's the third game in the series, it's still the only game that plays like it does afaik, with the previous entry being 6 years old now. Surely you'd want new ideas to be further enhanced and expanded upon rather than one and done.

Sure, but a lot of times, you come across an idea that you simply can't do nearly as well with an existing IP. So, you'll need a new setting and characters to fit the gameplay framework. I'm all for expanding on existing ideas and properties, but if you're giving me a fresh setting and characters, I usually prefer a fresh way to play as well.