The fact is 1st party has been in order for a long time, there's been no mismanagement from Shu or the worldwide studios team, they've gotten a lot of great games on the system and have fully supported their 1st party studios, hence why they're given time and resources to make so many new IPs this generation.

I think Sony uses the term "1st party" to refer to anyone they work with now, that makes exclusives, so that's how I'll use the term, just make sure there's no confusion.
I am also not going make a distinction between high budget and lower budget or games made by big studios or smaller ones, because quite frankly they're all games, which should be judged on their own merits of quality.

I keep seeing people claiming that Sony aren't willing to invest in new IP because of the risks, but we've already had 1)Knack, 2)Driveclub, 3)The Order, 4)Bloodborne.
It's been confirmed that 5)Guerrilla Games, 6)Sony Bend, 7)SCE Japan, 8)London, 9)Media Molecule and 10)Quantic Dream all of unannounced new IPs in development.

Then there's 11)Deep Down (Capcom), 12)Kill Strain (SCE San Diego Studio), 13)Let it Die (Grasshopper).
Also 14)Drawn to Death (BJSDA and San Diego), 15)WiLD (Wild Sheep), 16)Rime (Tequila Works), 17)The Tomorrow Children (Q-Games and Japan), 18)Alienation (Housemarque), 19)Until Dawn (Supermassive Games), 20)Everybody's Gone to the Rapture (The Chinese Room and SSM).

That's all of the games I can think of right now that are new IPs slated for PS4, as exclusives.
It's clear that Sony's invested a lot in these games.
Then there are titles that were announced years ago, but never canceled like Agent, The Last Guardian and Eight Days.
Just as Until Dawn has made it's reappearance any one of those games could also come back too.

I don't think any other platform holder has made such a huge investment in new IPs as Sony has, I'd call that having their priorities in the right place.
Pretty much all of these games have been in development for years, so it's safe to say that many of the ones that are yet to be unveiled will be some time soon, especially from studios that are owned by Sony and many class as AAA.

I'll also say that Shinobi602 (the well known insider) has stated on his Twitter that much of this chat about Sony relying on 3rd party for their E3 this year is coming from a place of fear. According to him quite a few of those Sony owned studios are ready to show off what they've been working on.

Maybe with E3 being right around the corner people should wait and see before jumping the gun.

It quite frankly doesn't make sense for Sony to take a step back from making exclusives and rely only on multiplats, or to even reduce their overall output of exclusives throughout the generation on the whole.
They also don't need to use a tonne of their conference time to market 3rd party games, not when they already sell by themselves on Playstation 4, it's just not logical to think they'd need to.

Seriously a few games get delayed into early (I repeat early 2016!!!) and people start losing their minds!
Tonnes of stuff is in development, much of it likely at the point now where we'll start to soon see a lot of new stuff announced.

E3 will no doubt be largely about the big PS4 exclusives coming in over the next 12 months, later conferences for smaller titles or games that aren't so close to release.
I think people need to chill out!

Sony is doing a top notch job my ass, if you actually think that this is the currently accepted stance on the work that Sony has been doing with their published games then you really haven't been paying attention whatsoever.

have you been paying attention? Even with 2013 exclusive onslaught.. sony has published and pumped more exclusive for their system than MS has.. even this year they will be ahead in terms of in terms of number of exclusive released.. when was the last AAA MS exclusive, and how long it will be when the next AAA hits the shelve... do i Hear Almost a Year.

be constructive in your argument, dont keep changing the goal posts

I have not been changing any goal posts whatsoever, you're the one that's just closing his eyes and ignoring everything that's infront of him.

Sony released the worst Killzone on PS4 and the worst Infamous

They released Knack a game that nobody cared for and that got destroyed by critics.

They rereleased TLOU, they are going to rerelease GoW 3, they also rereleased several digital titles for PS4, they will also rerelease Journey on PS4 but even though that was announced last August that is still not released, how hard can it be to remaster a freaking PSN title?

Driveclub was delayed by almost a year and still had major issues

LBP3 was also riddled with issues as I've been hearing

The Order had to be delayed out of the holidays just to turn into a huge flop.

UC4 and R&C have been delayed out of 2015, going by Fergal Gara's words it sounds like Tearaway Unfolded, which isn't a original game either, might be pushed back into the holidays from a summer release as well, just like Until Dawn is going to be as I suspect. The Tomorrow Children was originally planned for Spring and has already been pushed back to the summer. Is it going to make that? Who knows.

There are several other digital titles announced in 2013 that Sony has some involvement in that have still not seen the light of the day like Rime, Shadow of the Beast, Deep Down and The Witness.

In all likelyhood neither ND, SSM, PD or MM are going to have a real original PS4 game out before sometime in 2016.

Back at E3 or Gamescom 2013 Sony announced that they'd release 20 new games and 12 new IPs for the PS4 in its first year and that didn't even remotely come true.

Nothing about this is great or even good, the only one moving the goalposts here is you by deflecting to MS, which is something that I said from the start I didn't care about, if MS steals $1000 then Sony doesn't get of the hook for "only" stealing $500, so to speak.

Now its about quality???? talk about moving goal post...

what are you comparing with if not MS..

Like i said its subjective of what you like and dont. And it might suprise you games get announced and gets delayed all the time. there is nothing new... I dont know how much to stress on this wait for E3.. but i assume its a lost cause for you

Warned - Leadified

dont lump me in with "the rest of the people" because he is absolutely right. sony is doing a terrible job supporting their hardware. they need to let go of the ps3 and all efforts should have been placed on ps4 honestly since the damn thing launched. and when you are talking about a "healthy lineup" youre obviously stretching when youre including GOW 3 in there. if i bought a PS4 id be really pissed that sony hardly supports it, and then on top of that dumps ps3 games on there as if they are new games or something.

I have not moved one freaking goalpost it was always about quality and ability to stick to a schedule not release shit broken and I don't have to make comparisons to other publishers to somehow justify the job Sony has done with the PS4 as acceptable, let alone good.

The fact that you ignore the shit that was going on with Driveclub and LBP3 as if that somehow wasn't the studios fault, that you count things like First Light (DLC) and The Last of Us (Remaster) to pad out your list, that you call a game that was essentially supposed to live off of its story still good even though you admit that the story wasn't and that you resort to personal insults, is extremely telling.

But hey it's totally normal that in the first 2 years of the PS4s life Sony has delayed a good half a dozen games if not more, really no reason why that should be adressed...

trust me i m not, ur in the minority along with him. And if i had bought an xbox i would have been pissed at MS, that i have had to wait an entire year for a a exclusive to come out and pray that it will not be broken. and get excited about yearly entry that is Forza

id tend to agree with you on that. in fact, if i were an xbox fan, id be absolutely freaking livid about how this MCC deal went down. I work with a guy who loves the halo series, and he is getting to that point where he is done with xbox because of that, and i say good for him because nobody should stand for broken games ESPECIALLY when it comes to important key franchises.

but like nebel said, if MS steals $1000, why should we let Sony off the hook for $500. you know, this conversation isnt about anybody but sony. and youre saying that quality doesnt matter, but it absolutely does. just because sony brings out a new IP, it doesnt give them a tally mark in the "win" column. when we talk about these console manufacturers bringing out new IPs for their systems, it's only on the condition that they are actually good. This conversation is about quality relevant software (that works on day 1 i might add), and on that front, sony is failing. 

So u are saying its about quality right? but you are clearly upset about the fact that sony should have brought GoWA, nexus and GT6 which were again not upto the mark quality wise on to PS4?? so they could have sold better.. oh sorry its not about quantity.

Also The Last of US is not a PS4 game considering it sold 3 million, LBP3 which also Cross gen, is ?.. And First Light (Standalone) shouldnt be considered because its a DLC and isnt rated on Metacritic?? 

Dont know which goal post to defend?

P.S. About Driveclub and LBP3 had issues, now a days which online game doesnt.. and considering the fact they have been ironed out.. they are better in each and every way, especially DC... But hey this is called an opinion. Deal with it.