Sony has a horrible history of building franchises. I remember when Spyro and Crash were huge franchises and Sony looked like they had things under wraps. Then outta know where they sell both franchises to Vivendi and start all over with Ratchet&Clank, Jak&Daxter. Then Sony's newer franchises God Of War, LittleBigPlanet and of course Ratchet&Clank , Jak&Daxter aren't nearly as popular as competitors franchises.
If Sony had held onto Crash/Spyro and maintained their quality both franchises would be doing alot better today. Not to mention Sony would have a far more lucrative base. But today Sony only has Gran Turismo as far as developed franchises go.So Sony selling off its properties wouldn't really earn them squat. First Nintendo would never pick up a Sony property, it wouldn't happen, they have to many high quality properties of their own no need to go out of their way to buy a mediocre property from Sony. Microsoft might show interest in God Of War maybe even GT but again I'm not even sure Microsoft would go out of their way to purchase any Sony property. The most likely buyers for a Sony property would be Activision Blizzard , EAGames , UbiSoft etc...etc.. maybe a dying publisher like THQ or Midway or maybe Atari. But in the end Sony would never get more then 50 mill for even GT. So billions is far out of the question.
If Sony stepped out of the console market, I could see them becoming a very big third party publisher. Shifting their focus from hardware support to building franchises and etching a name for themselves on Nintendo and Microsoft's platforms. Sony's franchises may not be worth much now but if they appeared on multiple formats they would likely increase in value.
But more likely Sony is just going threw a GameCube. Nintendo made GameCube it was a great format but got little love it bombed really harshly. But Nintendo got back on the horse and released Wii. I don't see Sony abandoning the hardware market to neither competitor Nintendo or Microsoft anytime soon. I think in order for Sony to leave they would have to bomb PS4 and then again with PS5 before finally bowing out. Sony is one of the largest if not the largest monopolies on earth and they are going to be really stubborn in face of defeate.