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Great read, I have also heard rumours about Rare being closed because their games have not been too great, but I still doubt that.

Anyway, I think Sony's method, of investing in first party studios and doing a lot of 2nd party work is much better than just buying the 3rd party timed exclusives.

There are still questions, of course, how much control Microsoft have over the Gears and Mass Effect IPs and if they go, the only major ones that they will have left are Halo and Fable....