IGN reports that Microsoft, Nintendo, and Sony won't be part of E3 2023 or even have a presence at the Los Angeles Convention Center. This is not the comeback that E3 would have wanted.
I guess this is the end of E3 as we know it. It has lost a lot of its prestige throughout the years, but with all the big 3 doing their own thing, there is little to no reason to get excited for E3 again. It’ll hurt ticket sales and the overall viability of the show.