>>718980463
Because others kept chasing constant neverending profit and popular trends without realizing how stupid it was if you thought about it for even few minutes. Such as Sony developing like 10 live service games at same time because "those bring lots of money".
It is just Capitalism at it's best and constant shareholder ass licking to try and keep the line going up forever. Microsoft is an excellent example as well. Just nuke studios to "save money" and make line go up for next quarter report. Hi-Fi Rush sold well without proper advertising and they got nuked because "it didn't sell well enough". Plus the whole gamepass shit that has backfired hard.
Meanwhile Nintendo just keeps making games for their popular and recognizable franchises. Sony killed their more iconic early stuff to replace it with normal humans and a character that is a Playstation, and Microsoft only has Halo and GoW to be honest, and it isn't going well.
Never underestimate capitalist greed. The people there wants only money and demands that every game is next GTAV when it comes to profits. That's why they believe any promise for games with massive budgets. Even if they fail, in the end they can just use their golden parachute.