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Neodegenerate said:
SuperBott said:

Sony has closed Evolution Studios, Guerrilla Cambridge, SCE Studio Liverpool, Bigbig Studios and Zipper Interactive in the past few years.

And yet they still manage to have robust and respected first party studio offerings.  That is the key difference.

Beat me to it, but yeah. Essentially while managing multiple studios it's inevitable that some will be closed, either because of reshuffling, disappointing sales, redundancies etc.

However to close a studio of the level of Lionhead, which has been more historically relevant to the industry than any that Sony closed, after trying, and failing, to turn Fable into a game as a live-service, is quite disheartening.