Multiplayer in The Last of Us and Uncharted 3 was great, Sony just didn't pay enough attention to development.
Discussion
More like Jim Ryan wanted to focus so hard on GaaS that let Playstation Studios go maverick in the wrong.
I get TLOU fans are going to blame/hate Bungie on this, but objectively, Bungie just did it's job on what it was tasked (assess the status of Playstation current GaaS developments).