Announcement of Resident Evil 7

At E3 2016, Capcom announced Resident Evil 7, which was to be released in January 2017 and was said to fully support VR.

Overview
At E3 2016, a trailer of the game was revealed showing it to be a return to survival horror with a first-person perspective.

Reception
Due to its first-person presentation, the game has drawn comparisons to Konami's cancelled Silent Hills game and its P.T. demo. Capcom responded to this by pointing out that Resident Evil 7 was in development long before the reveal of P.T., and dispelled any rumors about staff of P.T. having been hired to work on the game. Shacknews noted that Beginning Hour had several similarities with Sweet Home (1989), the Capcom horror game that inspired the original Resident Evil (1996). These similarities to Sweet Home include the plot of a film crew going to an abandoned house, a paranormal female presence in the house, and a tragic tale involving a family that once lived there. Eurogamer found the element of survival horror in Lantern reminiscent of Alien: Isolation. Resident Evil 7 was well-received for the dissimilarity to its polarizing predecessor, in particular the change from action-oriented combat and effects to an approach more grounded in horror.