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smroadkill15 said:

I really don't think this will hurt Sony nearly as much as some are making it out to be. COD: Warzone will still be supported on PS and that makes more revenue than the mainline CoD games. We still don't know exactly what will be exclusive or not going forward. With Bethesda it was easier to predict since they predominantly make single player games. MS may take a different approach with Activision.
For those saying, this ruins the competition, I think it's the opposite. This will actually make Xbox competitive with PS. Xbox is still getting their ass kicked by PS. Not nearly as bad as last gen, but still losing. As long as Sony keeps making the games they make and doing what they're best at, they'll be fine.

Activision was looking for a buyer one way or the other. I would rather it be MS than Tencent, Google, or FB.

You hit the nail in the head. The bolded part is especially true in Europe, I don't think it's good for consumers that Playstation is de facto console amongst more casual gamers. They buy Playstation without even knowing what Xbox is or what kind of games & service it has to offer. If Xbox was more competitive many would choose it for better value and games for their liking. And Sony would have to up their game.