Bloomberg: Naughty Dog is apparently working on a The Last Of Us remake for PS5

Bigger news here though is that Sony seems to prioritize big teams with big games above all else; a heavy focus on hits only it seems

https://www.bloomberg.com/news/articles/2021-04-09/sony-s-obsession-with-blockbusters-is-stirring-unrest-within-playstation-empire

Also: according to Schreier's Bloomberg piece, Days Gone - despite being profitable - will not receive a sequel, possibly due to production issues and the critical reception

There is also a new Uncharted game in development by Naughty Dog which a team of Bend Studio had to help with until they feared to get absorbed by ND and asked to be taking off the project (they are now working on their own new game)

I highly recommend reading the full piece by Jason here which more or less confirms what many have expected: a big shift towards big games with less space for smaller projects and teams (which explains the Japan Studio situation as well) https://www.bloomberg.com/news/articles/2021-04-09/sony-s-obsession-with-blockbusters-is-stirring-unrest-within-playstation-empire