It is neither possible nor desirable to own every great independent studio. We have also learned that we are not the best home for every type of studio
This is shockingly self-aware for microsoftI have no idea why they didn’t realize that earlier, or if there is any insider dealing involved, from my cynical thoughts.
...more like
> We can't afford it, and it's a bad investment anyway
Yes, but only because the bar is so low. "We can't commodotize innovation" is not an especially subtle insight, and pretty much everyone other than executives at companies like this understand it without having to spend billions to try it out.