PlayStation completes Bungie's acquisition

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Heisenberg007

Heisenberg007

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By the way, just a reminder: Bungie's acquisition by Sony was NOT in response to Activision or even Bethesda.

Jim Ryan mentioned that they started the acquisition conversation with Bungie around May 2020. At that time, MS hadn't even announced Bethesda's acquisition.

The actual response will likely come later in the form of Square Enix, I reckon.
 

Yobo

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By the way, just a reminder: Bungie's acquisition by Sony was NOT in response to Activision or even Bethesda.

Jim Ryan mentioned that they started the acquisition conversation with Bungie around May 2020. At that time, MS hadn't even announced Bethesda's acquisition.

The actual response will likely come later in the form of Square Enix, I reckon.
I think so too. I think that's why Square Enix offloaded their Western teams
 

Vertigo

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Console warriors gonna be bitter when Bungie continues to keep everything mulitplatform. Their name will still be publishing the games as well. I mean they even made a statement immediately following this announcement yesterday saying so.

When both companies released press release stating specifically the agreement resorting to mental gymnastics to say otherwise is just … not true.
 
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Muddasar

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Console warriors gonna be bitter when Bungie continues to keep everything mulitplatform. Their name will still be publishing the games as well. I mean they even made a state following this announcement yesterday saying so.

When both companies released press release stating specifically the agreement resorting to mental gymnastics to say otherwise is just … not true.

Doubt it considering the games they make which need to be multiplatform.

I wouldn't read too much into statements before an acquisition. Sony now call the shots and can pull the plug at any time.

Not sure why people seem think Bungie is still independent considering they sold themselves to Sony.
 

Aidendelaney95

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Doubt it considering the games they make which need to be multiplatform.

I wouldn't read too much into statements before an acquisition. Sony now call the shots and can pull the plug at any time.

Not sure why people seem think Bungie is still independent considering they sold themselves to Sony.
But the reason Bungie pulled out from Activision was because they couldn't do what they wanted. They made that pretty clear as a condition of the Sony acquisition: we'll only let you buy us if we can do whatever we want, creatively. Granted Sony is more hands-off than most anyway, but if they weren't or decided to change gear, Bungie is out of there.
 

Darth Vader

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I don't think Sony cares if Bungies games are multiplat. They get the revenue, and they didn't buy Bungie for their IP, they bought them for their expertise. Bungie will be massive in helping other Studios build their GaaS experiences.
 

Muddasar

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But the reason Bungie pulled out from Activision was because they couldn't do what they wanted. They made that pretty clear as a condition of the Sony acquisition: we'll only let you buy us if we can do whatever we want, creatively. Granted Sony is more hands-off than most anyway, but if they weren't or decided to change gear, Bungie is out of there.

Activision had a publishing deal with Bungie. They didn't own them.

For Bungie to get freedom again they need to buy themselves back off Sony like they did with Microsoft. That's 3.6 billion.

What do you think Sony gave 3.6 billion for? Bungie is now answerable to SIE who are answerable to Sony.
 

Darth Vader

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For Bungie to get freedom again they need to buy themselves back off Sony like they did with Microsoft. That's 3.6 billion.

That would depend on the terms of contract, so it could be way more than 3.6B. There may not even be a contractual clause for a buyback.
 
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Warnen

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Do what they like with new games I just hope this isn't the rebirth of platform exclusive strikes and exotics. Think bungie came out and said they won't do that again but you never know.

Would love to see a new single player shooter from them but I assume Sony gonna want a Live service game. Nothing out there feels as good as destiny's shooting so big win for Sony.
 
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Yurinka

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That would depend on the terms of contract, so it could be way more than 3.6B. There may not even be a contractual clause for a buyback.
Activision had a publishing deal with Bungie. They didn't own them.

For Bungie to get freedom again they need to buy themselves back off Sony like they did with Microsoft. That's 3.6 billion.

What do you think Sony gave 3.6 billion for? Bungie is now answerable to SIE who are answerable to Sony.
The terms of the contract are that Sony bought the 100% shares of Bungie and that it's now a fully owned SIE subsidiary. They didn't mention any clause to buyback and I don't know a single example of any company that had it. Sony bought it and it's now fully integrated inside SIE. Bungie is not an independent company anymore: now it's a fully owned Sony/SIE subsidiary.

The "freedom" they got is that they will continue publishing under the Bungie publishing label (not the PS Studios one) in rival consoles and PC releasing their new games there day one (maybe because Sony wants to keep the PS Studios label for games and IPs that day one only release on PS, and that never release on other consoles), and like the other teams from PS Studios they have creative freedom.

3.7B is a ton of money for one (I think they are two) game development studio with a single IP. But that IP has the record of best selling new IP ever and meant a revolution for GaaS, MP and FPS in console and before that they also created another top IP that also meant a revolution for console MP and FPS. They are top tier new IP creators, top tier GaaS makers and top tier FPS and MP devs. Sony didn't have top tier GaaS, MP or FPS and now they have, and also got top tier new IP creators and a top IP published and at least a couple of new IPs -that I assume Sony saw and feels very confident about them- to be released in 2-3 years or so. And well, Bungie makes a lot of money so it's extra revenue and profit to add on top of the SIE one.

Do what they like with new games I just hope this isn't the rebirth of platform exclusive strikes and exotics. Think bungie came out and said they won't do that again but you never know.

Would love to see a new single player shooter from them but I assume Sony gonna want a Live service game. Nothing out there feels as good as destiny's shooting so big win for Sony.
They said they want the same experience for players in all platforms for current and future Bungie games: games will be released day one everywere with no platform exclusive content or different experience. This means that if Sony gets someting exclusive it would be betas/demos, bundles, marketing or inclusion in game subs.

Regarding single player, I think all Bungie games always had single player campaign and I don't see any reason of why it would change in the future games. But pretty likely yes, their main focus will be multiplayer even if coop.

I don't think Sony cares if Bungies games are multiplat. They get the revenue, and they didn't buy Bungie for their IP, they bought them for their expertise. Bungie will be massive in helping other Studios build their GaaS experiences.
One of the Sony goals is to monetize better non-PS gamers. PS has 100M+ players, consoles have between 200M+ players and there are like 3B players out there. Which means there are leaving a ton of money on the table if they stick to consoles or particularly PS.

The other consoles don't add much, for Sony makes more sense to grow specially in PC and mobile. So it's a great move for Sony to have PS Studios and 3rd party deals to feed their consoles with exclusives and control the console market, but also own other publishers separated from PS Studios that monetize players that are not only in PS, but also in the other consoles and specially PC and mobile.

So condidering that strategy, it makes sense to buy Bungie -and potentially more publishers in the future- and keep them to release their games day one everywhere. I assume that from these acquired multiplatform publishers they'll only keep exclusive for themselves marketing, betas/demos, bundles, movies/anime/tv shows, potential VR content and in a few rare cases some (often timed) console exclusives. And their revenue/profit, obviously.
 
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Bryank75

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Do what they like with new games I just hope this isn't the rebirth of platform exclusive strikes and exotics. Think bungie came out and said they won't do that again but you never know.

Would love to see a new single player shooter from them but I assume Sony gonna want a Live service game. Nothing out there feels as good as destiny's shooting so big win for Sony.

Exactly, the movement, the shooting, everything in Destiny feels amazing and it's a game you just play for the core gameplay as much as anything else.

Would be incredible if they did a campaign attached to whatever one of their next games was. I don't think Matter will have any though by the sounds of it.
 
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Warnen

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Exactly, the movement, the shooting, everything in Destiny feels amazing and it's a game you just play for the core gameplay as much as anything else.

Would be incredible if they did a campaign attached to whatever one of their next games was. I don't think Matter will have any though by the sounds of it.

I for sure will give anything they make a try. Not a huge pvp fan but man anything with some coop pve and I’ll be happy.
 
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Vertigo

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Expecting their next game to be another sci fi shooter with a vibe similar to destiny or halo … is totally off the mark. Destiny is their bottom bitch; they want to grow it further.

There’s a lot of rumors and speculation on what Matter is based on job listings or random artwork unrelated to destiny on their job pages etc… from hero shooter to fantasy adventure mmo.

And at this point… as someone who’s kept up on it… no friggin idea. Only thing we now is that destiny will be their “darker” game.

Bungie has always had Nintendo-like quality to their art direction, polish and passion for their projects. I’m expecting something vibrant and with general audience appeal.

Other than that … we recent heard from Luke Smith saying something like Bungie doesn’t expect a massive expansion in growth in playerbase for destiny until 2024 and he used words like “relight the engines.”

We know that means the next story arc. The next engine rebuild, even destiny 3 now that Sony money is in play. Who knows man.

I mean we had leaks of what was originally going to be Activision’s destiny 3 and at this point we’ve gotten most of that since Beyond Light. The only thing from that original leak we didn’t get yet is the PvPvE patrol zones.
 

DynamiteCop

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You guys really overestimate how much money Sony has lol. Acquisitions for them will have to remain relatively small, they're only worth 100 billion and only have 5 billion cash on hand.

They won't be purchasing any publishers, they can't afford them, period.
 

Bryank75

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You guys really overestimate how much money Sony has lol. Acquisitions for them will have to remain relatively small, they're only worth 100 billion and only have 5 billion cash on hand.

They won't be purchasing any publishers, they can't afford them, period.


Sony has 21.5 billion in cash on hand..... and can borrow the same amount again or more if they want...
 
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Vertigo

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Ah yes the Microsoft war chest talk…. I’m really surprised that a predatory and soulless corporation that owns everything has money.

Still don’t have talent
 
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laynelane

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Sony has 21.5 billion in cash on hand..... and can borrow the same amount again or more if they want...

The Sony is poor/can't afford nice things narrative has been really bizarre to watch. I get that it's for warring purposes but it's so divorced from reality.
 
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Bryank75

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The Sony is poor/can't afford nice things narrative has been really bizarre to watch. I get that it's for warring purposes but it's so divorced from reality.

and it's not only that but they moved about 18 billion to longterms assets due to being in investment form, so, would be closer to 40 otherwise.

But yeah, you're right.
 
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Remember_Spinal

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Expecting their next game to be another sci fi shooter with a vibe similar to destiny or halo … is totally off the mark. Destiny is their bottom bitch; they want to grow it further.

There’s a lot of rumors and speculation on what Matter is based on job listings or random artwork unrelated to destiny on their job pages etc… from hero shooter to fantasy adventure mmo.

And at this point… as someone who’s kept up on it… no friggin idea. Only thing we now is that destiny will be their “darker” game.

Bungie has always had Nintendo-like quality to their art direction, polish and passion for their projects. I’m expecting something vibrant and with general audience appeal.

Other than that … we recent heard from Luke Smith saying something like Bungie doesn’t expect a massive expansion in growth in playerbase for destiny until 2024 and he used words like “relight the engines.”

We know that means the next story arc. The next engine rebuild, even destiny 3 now that Sony money is in play. Who knows man.

I mean we had leaks of what was originally going to be Activision’s destiny 3 and at this point we’ve gotten most of that since Beyond Light. The only thing from that original leak we didn’t get yet is the PvPvE patrol zones.

bungie-new-ip-matter-trademark.jpg



Matter-1.png


Matter-2.png
 
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