Naughty Dog is a marquee first-party Sony studio, but it hasn't released a new game for the PlayStation 5 yet. However, this might change soon.
Last year, the company's co-founder, Neil Druckmann, hinted on Instagram that he's working on an "unnannounced game" as its writer/director.
Fast forward to today, the documentary, Grounded II: Making The Last of Us Part II, confirms that Naughty Dog isn't working on The Last of Us Part 3.
Near the end of the documentary, Neil Druckmann revealed that after several years, he has a concept for the next game in The Last of Us franchise. He adds that there could be at least one more chapter left for Naughty Dog to tell. Unfortunately, because it's still a concept, the game isn't expected to come out anytime soon.
What Naughty Dog is expected to do is announce its next game. While the specifics remain a mystery, the fact that it isn't The Last of Us Part 3 suggests that it's been cooking for a while.

