
I don't think it's conspiratorial at all. There are far too many major outlets that are willing to take the industry's claims at face value, and toe the party line without rocking the boat. The fallout over the Xbox One's DRM policies and price-performance ratio exposed that in a very stark, ugly way. It's like political coverage, where the news organizations either deliberately slant their coverage for ratings, or stay as non-committal as possible to avoid offending sponsors or risk losing access to key players.
And I'm not the least bit convinced that publishers weren't happy about the Xone's DRM policies, and hoping that Sony would do the same. Not after hearing the constant pissing and moaning over not getting a cut of used games, or the insistence that critics were wasting their time fighting against an inevitable future, or even devs like CliffyB stating that we technically don't own games anyway so why all the talk about consumer rights? Indeed, I suspect that Sony's push towards PSNow, which circumvents real game ownership entirely, helped placate third-parties enough to allow them to not put any DRM in the PS4.
I really can't think of what Nintendo can do with their next console to turn things around. I seriously can't. I don't know how they can pull the core away from PCs and the other consoles, or casual players away from smartphones and tablets. There aren't any major untapped markets left for them to tap into with their own dedicated hardware, so they have no choice but to compete with someone now. Something they themselves say they aren't good at doing.