Is Silent Hills being resurrected as an Xbox Exclusive?

Lots of rumours have been going around re the scrapped Silent Hills project being resurrected as an Xbox exclusive. As it turns out, the question regarding the rumour was posed to Phil Spencer, head of Microsoft’s Xbox division and Microsoft Studios. And it turns out sometimes a rumour is just a rumour:

@GoReds42093 @Xbox Sorry, this isn't true. Not sure where the rumor started but I don't want to mislead anyone.

— Phil Spencer (@XboxP3) May 30, 2015

So its not happening afterall. Sad really, only if Konami finished their open projects before moving on we could have definitely had a classic game on our hands.

Looks like the most we can hope for is the used consoles containing the PT of Silent Hills going for 1000’s of $ / £. smh.

“Would you like to see Silent Hills project brought back to production? Same people attached? Would Kojima be game? Let us know what you think in the comment section.”