Platinum Games would like to extend its partnership with publisher Sega after the completion of the pair's four game deal.
Sega signed a contract with the Japanese studio back in 2008, which resulted in the releases of MadWorld, Infinite Space, Bayonetta and most recently Vanquish, which hit UK stores today.
"When we created Platinum Games, we of course talked to a lot of publishers, and Sega offered us the most freedom to develop games," Platinum executive producer Atsushi Inaba told Develop.
"The partnership has been great, and we are in talks with Sega now, but there's nothing concrete we can say about it at the moment.
"For the future of our partnership, of course, it's not something that we alone can decide," he added. "Sega has its stance, and we have ours, but if Sega asks us to make something we might take the offer."
Inaba also said that Sega owns the four IPs Platinum created, so it could make follow-ups to the likes of Bayonetta and MadWorld with or without the developer.