Someone would have to come along and convince Nintendo it's a good idea. Kind of like Next Level Games did with Punch Out or Luigi's Mansion. Sakurai with Kid Icarus.They don't need to but they also don't seem to do this kind of stuff. I can't think of a single instance where they took an IP created by an external company and gave it to a different company. They seem to prefer to work with an IP's original creators so there's probably not much incentive or interest to bring it back when the brains behind it are scattered to the four winds.
Not that the sanity effects really need "Eternal Darkness the IP" to work.
I know those games were internally made first, but the point still stands. DKC was made by Rare and Retro showed Nintendo they could do it.