Talks between Xbox and Hideo Kojima are reportedly underway, with the aim to secure a publishing agreement.
Venturebeat - which first reported on potential plans for a deal between the two back in April - say discussions have now progressed to the stage that a letter of intent has been signed while legal teams hash out the finer details.
This leaves development work to continue (and Xbox boss Phil Spencer to continue displaying a Kojima Productions figurine on his shelf) in the meantime.