This is the "Blooper Reel" in Silent Hill, which is common to all the normal endings. If you've seen the opening FMV of silent hill, you'll see it's a direct parody of that. This was taken from the PSX verision, but captured using an emulator on a PC.
More information about this, and other endings is available from www.game-endings.co.uk
More information about this, and other endings is available from www.game-endings.co.uk