They were also behind the PS3 ports/remasters of Ico and SotC, which helped those titles reach a wider audience.

It isn’t even due to low sales or anything: Sony bought them after the DS remake in 2020, assigned them to some “live-service” God of War game that seemingly got pretty deep in development, cancelled it, and then just didn’t give them something else to do (Like say a Bloodborne remake that many were hoping BP would do eventually). Just pure mismanagement.