digoutyoursoul
Member
It's 100% a bigger than Sony 'big business' issue, but you would expect a company (like Sony) that's been in the industry for over 30 years to know that you never ever mess with what works for your business.
Sony chose to not play it safe and started throwing around cash. They spent $3.6B to purchase what is increasingly looking like a dud of a studio. Not a single 'journalist' can accurately explain how a company that can invest billions in M&A will struggle to invest millions into their already up-and-running successful studios. They can't explain it because their entire premise is built on a foundation of business illiteracy.
The truth is simple: PlayStation wanted their own Fortnite/recurring revenue monster, but rather than take a step back and understand why Fortnite worked (i.e., ripoff of PUBG, Unreal Engine makers thus able to update and tweak the game at a lightspeed pace, cartoony/family-friendly artstyle, free to play, celebrity endorsements etc.), they just dumped billions of dollars into anyone and everyone that they thought would get them a Fortnite. So far? No Fortnite, only studio closures and expensive cancellations. Maybe Hunter's Gathering will be it, but it's not looking probable based on the sentiment around it.
Microsoft's problem with Xbox is completely different than Sony's problem with PlayStation. Microsoft were putting out flop after flop after flop and as a result, their console became less and less and less desirable in the market. Their acquisition spree was to remedy their problem and or give them an out (i.e., multi-platform publishing) should the problem fail to be fixed. They failed to fix the problem and they're now bringing Halo to PlayStation.
Sony were putting out hit after hit after hit, and they were selling more and more and more consoles than their competitors. Then they decided to abandon what was working and chase after Fortnite bucks.
You can't fault Sony for trying to maximize their profits. But you can and should fault them for doing it in a measurably poor, predictably short-sighted, irreversibly bad manner. I've said this before, but if Xbox wasn't an unstoppable dumpster fire, the conversation around the PS5 would be radically different.
Superb post