Lost Planet 3 developer working on "established console franchise"

Reports have emerged that Lost Planet developer, Spark Unlimited, is working on creating a "bold new take" on an "established console franchise".

The report comes after a job listing on Gamasutra for a combat designer with a "record designing and balancing combat, player controls, and AI for AAA third-person melee action games" and an "understanding of sword fighting combat tactics, martial arts and weapons".

There are no details on the game other than stating it would be "a breakout hit based on an established console franchise" and will consist of "horror elements for the PS3 and Xbox 360".

Although we're not sure what the game will be there is some speculation.

We're not sure what it could be, but we'd love to hear your thoughts...