This actually pretty cool.
More than likely Bungie will be the online driven, multiplatform studio. This is an offshoot built from Bungie built for the purpose of a single incubated product. More than likely not online focused.
Which leads me to believe they the doomer angle of Sony taking over isn’t accurate at all.
What’s also interesting that in a way Bungie sorta divested a piece of itself and its workforce to internal PlayStation, in addition to intergration to reduce redundancies wherever possible. I believe this in addition to the layoffs was necessary to the avoid this rumored Sony take over. So in essence, they gave Sony something they were sitting on for PlayStation exclusive.
It all sounds a bit ridiculous because Sony owns Bungie but we dont know the previous or current state what their deal even is.
(Just saw the grub post )