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Estimates suggest Crash 4 sold just under 1m in its first month and would have sold even more throughout fall if it was on the new platforms. Longterm I'm sure it'll be a multi million seller whilst having a budget the fraction of a traditional AAA. But Activision are clearly only looking for cash cows and probably pumped so much money into its marketing that they artificially inflated its budget to 2/3x what it needed to be.

Maybe they'll continue with Crash/Spyro but outsource the work and be comfortable with 2-3m sellers. Otherwise I do hope they sell the IPs to another publisher who value having a diversified portfolio which tackles different age markets.