Founded in 2006, this Surrey-based developer is primarily known for the critically acclaimed LittleBigPlanet series that started on the PS3 in 2008.
Media Molecule's last title was 2020's Dreams for the PS4, and therefore has yet to release a PS5 title.
Despite Dreams releasing over 5 years go, MM still hasn't even announced the name of their next game, let alone shown gameplay.
Whatever Media Molecule's next game is, to call it important is an understatement as they're far removed from their greatest successes seen on PS3.
Dreams wasn't close to a commercial success, the vast majority of founders have left, and it was reported that MM were nearly shuttered instead of London Studio, in late 2023.
However, Sony needs the types of games MM make, even if it's not in their DNA to be commercially mainstream. For one, their many BAFTA awards provide utility that can't be quantified with money in/out. Experiments like Dreams also help to diversify the PlayStation Studios portfolio.
Yet with rising development costs and other external economic factors at play, these more prestigious reasons may not be enough in 2025. It's therefore far more likely MM closes before shipping another game.