I wonder if Microsoft's shopping spree induced FOMO in Sony and they ended up buying shit. Sony already had the best studios but they chased live service for no reason.
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no reason
money
So how much did they make?
Negative hundreds of millions of dollars. But the point still stands that they believed this was a rational way to make a boatload of money. With hindsight, we're all geniuses, but yes, this was a stupid move.
i think the funniest part is ontop of bad acquisitions, Microsoft was only able to buy blizzard activision partially because sony had a history of making non PlayStation versions of games inferior to the PlayStation version.
had Sony actually played fair ball, none of this would have probably happened.