You know what I love about this is just how seriously Sony is taking this compared to some of the posters on this board who initially dismissed this as 'PS doesnt NEED CoD'. They will be fine they said. Clearly Sony themselves think this will destroy their business.
There was a stat posted in those acquisition threads that pointed out how 45% of the console online playerbase plays call of duty. Thats a huge chunk of players that Sony relies upon to keep their 46 milllion PS+ userbases going. Not to mention all the other revenue these players bring in as they invest in the PS ecosystem. Sony will simply be a different company without the cod userbase. They would have to completely trim down and become more like Nintendo because their revenues which rely heavily on PS+ subs and PSN digital sales will take a massive hit from losing the CoD userbase. That means fewer revenues, fewer profit, fewer first party games, cheaper and thus less powerful consoles just to stay competitive.
Nintendo pretty much had to merge their handheld and console business to reduce costs and stay relevant. Their industry leading devs forced to work on a 0.19 tflops hardware in 2022. But they dont have a choice and had to kill off either the handheld business or the console business and they basically chose to merge them the best they could. Sony can also cut down and be leaner business, but it will not be the same Sony AAA after AAA business as we know it today. Cost cuttings alone will result in fewer first party studios and fewer third party deals like FF7 and FF16. If you're a Sony studios fan like I am, people need to fucking worried about this deal going through. They will survive of course, but at what cost?