Can somebody explain how a company can just abandon their franchises like this?

[*Sound Of Rain]

If I was the head of Sony I would've tried to buy the Crash IP. I would've let Spyro go. This is both for business purposes & because I personally don't like Spyro much.

If I were Nintendo, I would've sold Rare but tried to keep the Banjo IP. Banjo-Kazooie had potential as a character moreso than a series.

I can understand their decisions though