Sony Has Acquired Destiny Developer Bungie For $3.6 Billion, Studio To Remain Multiplatform

Sony Has Acquired Destiny Developer Bungie For $3.6 Billion, Studio To Remain Multiplatform

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Richard Walker

With Microsoft acquiring Activision for a cool $68.7 billion earlier this month, Sony Interactive Entertainment has announced its own acquisition deal today, adding Destiny 2 developer Bungie to its portfolio of first-party studios. However, the deal will see Bungie continue to operate as an independent developer making multiplatform titles.

The $3.6 billion deal will see Sony bring Bungie on board as “an independent subsidiary”, with studio CEO and Chairman Pete Parsons and his management team on the board of directors. However, Bungie will remain a multiplatform studio under SIE, albeit with the option to “self-publish and reach players wherever they choose to play”.

It could be that Sony and Microsoft may strike some form of quid pro quo to keep Call of Duty and Destiny on PlayStation and Xbox, or whatever new IP Bungie is currently working on, alongside ongoing plans to expand the Destiny universe.

“We've had a strong partnership with Bungie since the inception of the Destiny franchise, and I couldn't be more thrilled to officially welcome the studio to the PlayStation family,” SIE President and CEO Jim Ryan commented (via GamesIndustry.biz).

“This is an important step in our strategy to expand the reach of PlayStation to a much wider audience. We understand how vital Bungie's community is to the studio and look forward to supporting them as they remain independent and continue to grow. Like Bungie, our community is core to PlayStation's DNA, and our shared passion for the gamer and building the best place to play will now evolve even further."

As Bungie continues to operate independently under Sony Interactive Entertainment, Parsons added that the two companies' plans to create entertainment that spans generations are aligned.

“Both Bungie and SIE believe that game worlds are only the beginning of what our IP will become,” Parsons remarked. “Our original universes have immense potential and, with SIE's support, we will propel Bungie into becoming a global multimedia entertainment company dedicated to delivering on our creative vision”.

Comments
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  • Seems alot for one developer
    I almost feel like the activision purchase for Microsoft is better value lol
  • Destiny 2 still a thing?
  • Hi Destiny, Bye Destiny.
  • Bungie Deal $3.6billion = destiny ip.

    Bethesda Deal $7.5 billion =

    - Bethesda Game Studios: The Elder Scrolls, Fallout, Starfield
    - id Software: Doom, Quake, Rage
    - ZeniMax Online Studios: The Elder Scrolls Online, Fallout 76
    - Arkane: Dishonored, Prey, Deathloop (presumably still a timed-exclusive on PS5)
    - MachineGames: Wolfenstein
    - Tango Gameworks: The Evil Within, Ghostwire: Tokyo (PS5 timed-exclusive)
    - Alpha Dog: Wraithborne, Monstrocity: Rampage
    - Roundhouse Studios: (New studio, working on unannounced projects)

    not worth the money for 1 ip.
  • @Heisenberg13 yes Deathloop is a timed exclusive also Arkhane has Redfall this year too but yeah Bungie is not worth a acquisition
  • And to think Bungie left Microsoft because they didn't like having overbearing corpo decisions being made for them. Run out of money, Bungie?
  • @Heisenberg13 yes Deathloop is a timed exclusive also Arkhane has Redfall this year too but yeah Bungie is not worth a acquisition
  • The Sony fans saying this is a big "get" for Sony. Yeah. Bungie was the biggest FPS dev in 2007 l, But what is Bungie in 2022???

    Not trolling, but the talent that made Halo and Destiny is gone.

  • Tbf it isn’t just for the Destiny IP. Bungie are in the process of making a new game aiming to come out in 2025
  • @Baked Ok, so 3.6 billion for Destiny and one other IP that could potentially also be complete trash just like Destiny. Whoop.
  • Who cares destiny is a load of crap anyway
  • other articles have quoted Jim Ryan as saying Sony is "not done" purchasing studios. So this is just the first of many announcements to come.
  • I'm just interested in what their next game is.
  • So, a company group which is over a trillion in debt and has no financial fire power purchase bungie and say they are not done.......and just who might they be purchasing next?? small potatoes.

    We should be more focused on who microsoft has next on the list......Take Two?
  • Lol, just lol.
  • Microsoft vs Sony vs Tencent. Who buys who?
  • If I had to give this a visual, it'd be something like...

    ::Xbox picks up a stone and skips it multiple times across the water to the other side of the lake.::

    ::Sony, impressed, picks up a stone and skips it 1-2 times before it "kerplunks" and sinks.::

    ::Another friend walks up to Xbox and Sony::

    ::Sonys turns to that other friend and says:: "Oh man! You should've been here five minutes ago! We were skipping stone stones across the lake!"
  • @l.maciver None, Microsoft and Nintendo merge to form MicTendo (sounds like a actually dudes name lol).
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