This new spin off game was revealed during State of Play. It's available to download right now for free.
https://www.cinelinx.com/news/silent-hill-the-short-message-releasing-today-silent-hill-2-gets-preview/
In addition to this being made available tonight, Konami showed off the SH2 remake...
From the Eurogamer report:
Konami has ceased all triple-A console game production on everything but Pro Evolution Soccer and there are currently no plans for a big new Metal Gear game, while worldwide technology directr Julien Merceron has left the company. That's according to a pair of reports...