THQ creative executive Danny Bilson revealed during his IGDA keynote speech that the company's collaborative venture with acclaimed film director Guillermo del Toro is set to be announced publicly at the Spike TV Video Game Awards next month.

[Del Toro] is partnered very closely with myself and my writing partner, Paul," noted Bilson in his speech. He also said that THQ "will be announcing the game title and the studio and all of that on the VGA awards in about a month."

Until that time, unfortunately, there isn't much to report. Speaking with MTV last month, del Toro said, "It's horror...but it's a very different type of horror game. It's not survival horror. It's truly a strange, geeky mix. It's a Lovecraftian thing. Let's leave it at that."

The Pan's Labyrinth guy working on a "Lovecraftian thing" with a publisher that has reaffirmed its commitment to creative, big-budget core games? We're not seeing the downside, here.

[via Joystiq]