I don't think so. It was a failure and they have many other IPs with more sales potential. I would keep Insomniac working on new stuff like Spider-Man 2, Wolverine, some VR stuff, the next Ratchet and maybe a new IP.
If Sony's porting teams have spare time maybe, but I wouldn't wast Bluepoint or Nixxes resources on this game when they could remaster Bloodborne, the Nathan Drake Collection or TLOU2 for PS5 and PC. And if we're talking about remakes, I think GoW1 and Uncharted 1 would be better candidates.
They own the IP yet not the first game right?
Sony owns the IP because Insomniac had it when they were acquired. But the game pretty likely has an exclusive deal with MS that prevents it from releasing it in non-MS consoles. If such exclusivity deal exists, we should see if it's protected against modified versions/remasters/remakes etc.
But in any case it performed way worse than the IPs where Insomniac has been working recently (Spider-Man or Ratchet), so pretty likely they won't go back to this game.
Wait…. Sony bought them only in 2020? Wtf
2019, Layden's best deal before exiting
They can come around m$ with remastered version
I do hope the next is R&C.
In February 2019 was decided that in April 2019 Jim Ryan would replace John Kodera as SIE CEO. The acquisition was agreeded in August 2019 and completed in November 2019. It was one of the first big moves of the Jim Ryan era.
Shawn Layden stepped down as Worldide Studios (now PS Studios) CEO in September 30, 2019 after barely a year in a half in that position and in the middle of this acquisition apparently because had discrepancies with the new SIE management and their strategies.
He was replaced as the head of the Sony game development studios (not SIE) by Hermen Hulst, someone with a profile closer to game developers because he previously was a game developer, managed gamedev studios and game development projects. Shawn instead was more SIE executive profile and originally came from the communications area. Unlike Hermen he didn't have experience on game development or managing gamedev teams, but I assume sounded nicer as salesman in interviews or conferences.