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Well thats easy it needed to not give away all its games. GTA was always out on the PS first, it lost out big losing that. Final Fantasy was all on the PS after VII, Resident Evil for the most part was always on PS2, Tomb Raider, Tekken and so on. It lost them all.

Now the only big franchises left are Gran Turismo, Uncharted and God of War that do really well.