Those are some pretty big names. The gaming industry has shown over and over how smaller companies fight toe-to-toe with giant companies if they produce games that people actually want to play. I wish them the best. Everyone loves an underdog.
Announcements of new companies like this are also the reason why I'm not as negative as some other people about the Bethesda acquisition. In the short term it might cause some more consolidation, but the whole gaming market is still growing and new independent studios are opening up, which counteracts the consolidation to some degree.
The problem with the Bethesda thing is that I won't get to play Doom Reboot 3 on PS5. I don't care about Xbox, heck I can't even differentiate the new model from the older one due to the confusing names.
Given that the Doom Reboot is all about juggling an insane number of tasks at once you’re better off playing it on PC anyway. In fact I suspect this series is limiting its potential audience because the core play style of fast weapon switching just isn’t very viable on console.
If you have a decent gaming PC Microsoft will still take care of you.