Good. Video games are being ruined by shareholders demanding returns over good games. The less public investment there is, the better.
If anything a lot of this is on gamers for continuing to buy shitty games that they complained even at the time were shitty games.
If they'd stopped buying games the lousy companies would have folded, their investors would have eaten a loss, and the game companies that remained would care more about the investors who'd shown more of a long-term focus.