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What really surprises me is what this indicates about Google.
MS had tons of money they were willing to lose when they fully committed to their long term Xbox plan and they didn't run away from it because they obviously had a plan.
Google is similarly a mega corporation that has tons of money. You would think they wouldn't mind losing money on these studios knowing what they could achieve in the future. To me, this is an indication that they had no long term plan. Either that or the overlords Alphabet got involved and told them to stop?