This is why we are seeing a resurgence of Double A with games like Expedition 33 taking the limelight because art does not thrive under corporate control. I'm old enough to have seen this cycle of birth and death of studios a few times already.

They start of making cool things, get acquired, get forced to make profitable things that aren't necessarily good, the talent that built the place fucks off, and you are left with a name and a factory of devs who have no agency, and the studio eventually dies.