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Sony just failed to create a Mascot like Link, Mario or Master Chief. They have been trying with Crash, Sackboy but they simply fail at make them: significant, memorable and big. They do create great games without a doubt but apart from Gran Turismo their games dont have that much appeal like Mario has, they just like this magic that Italian plumber has.

Sony sold their consoles in the past because of Third party exclusives, now they dont have that argument anymore so they need to promote their 1st party offerings, the hype usually is there, sales are good but nothing monumental is happening.