IIIIITHE1IIIII on 30 January 2013
Going by all the people that they've hired, I'd say they are going for a new IP. It doesn't make much sense to hire people from Naughty Dog, Bioware and Vigil to make a Metroid or Star Fox game. That would most likely be wasted potential given recent sales of both franchises.
What exactly are they doing at Retro? Something big.
(dramatic silence)
