I have to disagree that Sony would survive. The only one of the big three with enough first party to survive would be Nintendo of course. Although I am an Xbox fan I guess by virtue of 360 and soon to be Xbox One as my primary systems ... I don't, however, think I would ever buy a system for just Halo, Gears and Fable (Forza doesn't matter to me since I don't do racing). Sony would be just as doomed though. Nobody would pay $400 just for God of War, Gran Turismo and Uncharted and a handful of mediocre games.
EA would survive ... would get healthy income from their annual sports releases and Battlefield. Could fill out the library with things like Dead Space, Dragon Age, Mass Effect, Mirror's Edge ect.
I would say that Rockstar would survive, but they are more about quality over quanity ... you would have maybe a game or two released per year. They would be great, but only two games would not make a system.
SE and Ubisoft would probably go the way of THQ.
So yeah ... just EA and Nintendo (the Wii U is pretty much only 1st party at this point) would last with just their own franchises to sustain them.