PS Studios is still a shit tier branding term that makes no sense.
Bungie is a fully independant studio, who'll still be releasing multiplatform games, under SIE and not PS anything appatently.
What a fucking mess! Why can't they ever, ever do anything simply? We'll have a TV service, but not call it PSTV, because we already had that old product and it was a Vita with HDMI out, like the original dev Vita had but we removed...
PS Studio should = an exclusive PS studio. What a novel idea! Not, for example, a PS Studios logo splashed all over Death Stranding, and then KojiPro up and goes and makes a Stadia/Xbox game. Now we are dancing around about where within Sony that Bungie will be positioned, who owns what, even though it's supposed to be a 'One Sony' mentality behind the scenes. Or Sony owns Bungie and are gonna say Welcome To The Family, but Bungie will (obviously) still throw their Destiny games on every platform. It's a fucking mess, and no matter how much hoop jumping people do, no one's ever been able to make the 'PS Studios' branding make sense to me, in the way which Sony use it.