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I'm certainly not sold on it actually being in development, but I can see either Sony or Microsoft wanting an answer to Bayonetta which Nintendo basically owns at this point. The last game may have came out a decade or so ago, but you can get the hd collection and 4 special edition on PS4/Xbone right now, and for cheap. Let's face it too, there has never been a better time to renew the hack and slash genre thanks to how powerful consoles are now. 60fps, 4k over the top action games would be awesome. I just hope if Devil May Cry 5 is a real thing, it comes out on pc as well.