PlayStation- Boss Jack Tretton has said that the game is officially on ice but Yoshida said the Team Ico adventure is still in the works.SCEA boss Jack Tretton has told GTTV that The Last Guardian is “on hiatus”. However, just because it is on “hiatus” doesn’t mean it’s canned.
“I think the cool thing about our worldwide development studios is we have so many projects out there from so many great teams,” Tretton told GTTV (via TSA). “Projects never ultimately go away, so The Last Guardian has certainly not gone away, but it’s on hiatus right now.”
The Last Guardian announced back in 2009 for PS3 and many rumblings on the net seem to think it has moved over to PS4.
It sounds like it to us, but we’re not soothsayers.