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Pinkie_pie said:

Sony probably was paying at least 100m each year for marketing and exclusive dlc. Also the people who were playing cod on Playstation will just buy a different game

But this is huge dent though. PlayStation made about $3b in profit last year, of that good chunk came from Activision just for hosting their games. Unless something else replaces COD on playstation platforms, this will be huge loss. Much much bigger then Bethesta. Without 3rd parties royalties playstation division will be in losses. 

Not sure how can Sony compete with MS. Need to buy Capcom, SE, Take two before MS get them. Otherwise playstation as we know it will not survive next generation. EA isn't that big of deal because their biggest games will always stay multi platform like Fifa and Madden.