Has a bad case of shareholders; it's usually fatal.

Concord seems to be one of the reason for this, Sony has started being more hands on about milestones etc and checking how the game is going, and apparently this was missing those milestones.

Concord and Marathon is probably why they are changing course and are cutting these money bleeding projects.

The weird one to me is that, if they're going to cancel a Kojima game, they still haven't cancelled Fairgames/Break-In/Project Espresso. One of those two is far more likely to break even.

Nonsense is what

Simple. Xbox has been on a nonstop streak of foot shooting for a few years now. Sony, refusing to be outdone by their competitor, is showing everyone they can shoot their own foot much better

I was under the impression that the gaming part was the only profitable aspect left.

This is the second large partnership he is part of that ends abruptly, it is possible he is hard to work with and could have an ego or work style that clashes with some others.

Gamers like his stuff, but he does seem to make odd decisions when it comes to celebrities on his projects (from an outsiders perspective).

And so far Death Stranding 2 has sold... just over 2 million. Perhaps a drop-off that steep had a hand in their willingness to light money on fire.

That's because this isn't about deadlines or budgets, it's about exclusivity. Sony wouldn't give two fucks about a deadline or a budget if the game was exclusive to PS. Kojima probably told them "No" on the exclusivity and Sony pulled the plug. I think it makes sense but overall yeah, the end result is that Sony keeps shooting themselves in the foot. I don't think their return to exclusivity is going to successful.

It wasn't damage control when the size of Concord's loss was leaked to the press.

Right? They should have treated him like those big name directors making avant-garde movies, even if the game takes years to make and doesn’t sell well, you are still bringing prestige to your platform just by having them.

Focusing on live service instead makes them closer to mobile games market, where you have a lot of money but very little respect.

They need that money for datacenters.

Sony is definitely int'ing right now

basically all software