CitizenVectron Posted January 31, 2022 Share Posted January 31, 2022 EDIT - Sony buying Bungie for $3.6 billion WWW.GAMESINDUSTRY.BIZ Destiny studio will remain multiplatform, able "to self-publish and reach players wherever they choose to play" Possibly related? Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted January 31, 2022 Author Share Posted January 31, 2022 Sony buying Bungie for $3.6 billion WWW.GAMESINDUSTRY.BIZ Destiny studio will remain multiplatform, able "to self-publish and reach players wherever they choose to play" Quote Link to comment Share on other sites More sharing options...
Brian Posted January 31, 2022 Share Posted January 31, 2022 Microsoft buy SE. 1 Quote Link to comment Share on other sites More sharing options...
Brian Posted January 31, 2022 Share Posted January 31, 2022 Quote Link to comment Share on other sites More sharing options...
GameDadGrant Posted January 31, 2022 Share Posted January 31, 2022 Honestly assumed EA was buying Playstation. I am surprised! Didn't know Sony had this kind of money to throw around. Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted January 31, 2022 Share Posted January 31, 2022 4 minutes ago, GameDadGrant said: Honestly assumed EA was buying Playstation. I am surprised! Didn't know Sony had this kind of money to throw around. They bought Destiny. Congrats! Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted January 31, 2022 Share Posted January 31, 2022 Quote Sony has said Bungie will remain a multiplatform studio, with the option "to self-publish and reach players wherever they choose to play." Or did they buy a nothingburger? 🤔 Quote Link to comment Share on other sites More sharing options...
Brian Posted January 31, 2022 Share Posted January 31, 2022 Quote Link to comment Share on other sites More sharing options...
JPDunks4 Posted January 31, 2022 Share Posted January 31, 2022 So half the price of Bethesda for Bungie, interesting. Was this a move to stop MS from acquiring them, since that was a rumor not too long ago. Maybe Sony will leverage Destiny and whatever their new IP maybe for their "Spartacus" Sub service. Sony can go, we will keep Destiny multiplatform if you keep CoD Multiplatform. But it sounds like the contract was written as such that Bungie will operate pretty independently and can put games wherever they want. Really curious move. Quote Link to comment Share on other sites More sharing options...
GameDadGrant Posted January 31, 2022 Share Posted January 31, 2022 6 minutes ago, Keyser_Soze said: They bought Destiny. Congrats! I'm more confused now than ever. Quote Link to comment Share on other sites More sharing options...
Brian Posted January 31, 2022 Share Posted January 31, 2022 2 minutes ago, JPDunks4 said: So half the price of Bethesda for Bungie, interesting. Was this a move to stop MS from acquiring them, since that was a rumor not too long ago. Maybe Sony will leverage Destiny and whatever their new IP maybe for their "Spartacus" Sub service. Sony can go, we will keep Destiny multiplatform if you keep CoD Multiplatform. But it sounds like the contract was written as such that Bungie will operate pretty independently and can put games wherever they want. Really curious move. I wonder if the remain independent and publish wherever was the sticking point for Microsoft. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted January 31, 2022 Share Posted January 31, 2022 19 minutes ago, GameDadGrant said: Honestly assumed EA was buying Playstation. I am surprised! Didn't know Sony had this kind of money to throw around. EA can't buy "PlayStation" unless the Sony parent company would be stupid enough to sell it. EA market capitalization = $37.5 billion Sony market capitalization = $134 billion Also, Sony had $12.81 billion in available cash as of September 30, 2021. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted January 31, 2022 Share Posted January 31, 2022 The sale price makes absolutely no sense to me. Quote Link to comment Share on other sites More sharing options...
Keyser_Soze Posted January 31, 2022 Share Posted January 31, 2022 Quote Link to comment Share on other sites More sharing options...
johnny Posted January 31, 2022 Share Posted January 31, 2022 1 minute ago, Kal-El814 said: The sale price makes absolutely no sense to me. i think the activision sale bumped it up. Bungie probably had more leverage. "Well, we could go with microsoft..." Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted January 31, 2022 Share Posted January 31, 2022 2 minutes ago, Kal-El814 said: The sale price makes absolutely no sense to me. Hence Grubb's tweet that Sony is (over)paying a HELLUVA premium for Bungie Quote Link to comment Share on other sites More sharing options...
JPDunks4 Posted January 31, 2022 Share Posted January 31, 2022 A good point I saw is, if Microsoft does make CoD exclusive, Sony is going to need a studio that can help them develop a competitive PvP FPS Shooter, and Bungie is one of the best in the business, and they will now be in house. Whether they develop the game themselves, or Sony gets some talent from Bungie to loan to a different studio, they can be used to help them make the next big FPS Shooter for Playstation. I think Destiny still pulls in huge numbers and pulls in a lot of revenue, but the price seems like a lot compared to Bethesda's purchase. Bungie also said everyone will have the same experience on Destiny, so still promising no "exclusive" content on one platform which is huge. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted January 31, 2022 Share Posted January 31, 2022 1 minute ago, johnny said: i think the activision sale bumped it up. Bungie probably had more leverage. "Well, we could go with microsoft..." I get that, it’s still fucking dumb. There’s no world in which Destiny is worth $3.6B. None. 1 minute ago, Commissar SFLUFAN said: Hence Grubb's tweet that Sony is (over)paying a HELLUVA premium for Bungie Yeah. Don’t get me wrong, I’ve backed tabletop games on kickstarter because of FOMO, but this seems ridiculous. Quote Link to comment Share on other sites More sharing options...
GameDadGrant Posted January 31, 2022 Share Posted January 31, 2022 4 minutes ago, Commissar SFLUFAN said: EA can't buy "PlayStation" unless the Sony parent company would be stupid enough to sell it. EA market capitalization = $37.5 billion Sony market capitalization = $134 billion That's Sony as a whole, yes? I thought maybe Sony would want to sell the Playstation brand since it's floundering so much. Recently, the Vita straight up failed, the PS4 is old and the PS5 is underperforming. Playstation seems ripe for the picking. 1 Quote Link to comment Share on other sites More sharing options...
johnny Posted January 31, 2022 Share Posted January 31, 2022 Just now, GameDadGrant said: That's Sony as a whole, yes? I thought maybe Sony would want to sell the Playstation brand since it's floundering so much. Recently, the Vita straight up failed, the PS4 is old and the PS5 is underperforming. Playstation seems ripe for the picking. ive never heard the playstation brand is floundering. At least not since the beginning of the PS3 Quote Link to comment Share on other sites More sharing options...
chakoo Posted January 31, 2022 Share Posted January 31, 2022 wtf... why? Quote Link to comment Share on other sites More sharing options...
stepee Posted January 31, 2022 Share Posted January 31, 2022 1 minute ago, GameDadGrant said: That's Sony as a whole, yes? I thought maybe Sony would want to sell the Playstation brand since it's floundering so much. Recently, the Vita straight up failed, the PS4 is old and the PS5 is underperforming. Playstation seems ripe for the picking. Pretty bored this morning eh lol Quote Link to comment Share on other sites More sharing options...
chakoo Posted January 31, 2022 Share Posted January 31, 2022 2 minutes ago, GameDadGrant said: That's Sony as a whole, yes? I thought maybe Sony would want to sell the Playstation brand since it's floundering so much. Recently, the Vita straight up failed, the PS4 is old and the PS5 is underperforming. Playstation seems ripe for the picking. Umm WTF this is not true at all (other than vita not being successful). The gaming division is one of sony's best performers. Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted January 31, 2022 Share Posted January 31, 2022 4 minutes ago, GameDadGrant said: That's Sony as a whole, yes? I thought maybe Sony would want to sell the Playstation brand since it's floundering so much. Recently, the Vita straight up failed, the PS4 is old and the PS5 is underperforming. Playstation seems ripe for the picking. Yes, that's Sony as a whole, but there is no goddamned way that EA (or anyone else) would be able to afford the asking price if Sony was stupid enough to divest itself of the PlayStation division. And the PS5 is ABSOLUTELY NOT "underperforming", not a by a helluva longshot! Quote Link to comment Share on other sites More sharing options...
Dodger Posted January 31, 2022 Share Posted January 31, 2022 3 minutes ago, JPDunks4 said: A good point I saw is, if Microsoft does make CoD exclusive, Sony is going to need a studio that can help them develop a competitive PvP FPS Shooter, and Bungie is one of the best in the business, and they will now be in house. Whether they develop the game themselves, or Sony gets some talent from Bungie to loan to a different studio, they can be used to help them make the next big FPS Shooter for Playstation. I think Destiny still pulls in huge numbers and pulls in a lot of revenue, but the price seems like a lot compared to Bethesda's purchase. Bungie also said everyone will have the same experience on Destiny, so still promising no "exclusive" content on one platform which is huge. Yeah I think this is for the future so they can work on a CoD competitor. Glad MS didn't buy them, this is way too high of a price for them unless they literally hit the next big shooter. I assume Destiny is popular, but not CoD/Apex Legends kind of popular. Quote Link to comment Share on other sites More sharing options...
Paperclyp Posted January 31, 2022 Share Posted January 31, 2022 I wish I could go back in time and tell the IGN boards when they were at their worst with fanboys on either side and just watch the reactions… 1 Quote Link to comment Share on other sites More sharing options...
GameDadGrant Posted January 31, 2022 Share Posted January 31, 2022 2 minutes ago, johnny said: ive never heard the playstation brand is floundering. At least not since the beginning of the PS3 Hmm. 1 minute ago, stepee said: Pretty bored this morning eh lol Morning? It's nearly 2:00 in the afternoon! Quote Link to comment Share on other sites More sharing options...
JPDunks4 Posted January 31, 2022 Share Posted January 31, 2022 And they ain't done... Quote Link to comment Share on other sites More sharing options...
Chris- Posted January 31, 2022 Share Posted January 31, 2022 Gaming makes up like a third of Sony’s operating income, that ain’t floundering and they ain’t giving it up. Quote Link to comment Share on other sites More sharing options...
Dodger Posted January 31, 2022 Share Posted January 31, 2022 3 minutes ago, Paperclyp said: I wish I could go back in time and tell the IGN boards when they were at their worst with fanboys on either side and just watch the reactions… If you go on resetera there are all kinds of meltdowns anytime one of them acquires somebody. 1 Quote Link to comment Share on other sites More sharing options...
GameDadGrant Posted January 31, 2022 Share Posted January 31, 2022 2 minutes ago, chakoo said: Umm WTF this is not true at all (other than vita not being successful). The gaming division is one of sony's best performers. The Vita failed, that's true. The PS4 is old, that's true. And I'm pretty sure the PS5 isn't selling as much as Sony would like. Admittedly, that's mostly due to hardware shortages, but still. 1 minute ago, Commissar SFLUFAN said: Yes, that's Sony as a whole, but there is no goddamned way that EA (or anyone else) would be able to afford the asking price if Sony was stupid enough to divest itself of the PlayStation division. And the PS5 is ABSOLUTELY NOT "underperforming", not a by a helluva longshot! Hmm. I think people just want the PS5 to thrive. Whether or not it actually is? I dunno. Doesn't look good. I want it to do well. I'm a Day One purchaser of the damn thing, after all. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted January 31, 2022 Share Posted January 31, 2022 IIRC Call of Duty eclipses Destiny 2 active players by close to a factor of 10. These things change but to say that Bungie is capable of / has in them a game / franchise that can compete with CoD is wishful thinking. Quote Link to comment Share on other sites More sharing options...
stepee Posted January 31, 2022 Share Posted January 31, 2022 1 minute ago, Dodger said: If you go on resetera there are all kinds of meltdowns anytime Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted January 31, 2022 Share Posted January 31, 2022 Just now, GameDadGrant said: Hmm. I think people just want the PS5 to thrive. Whether or not it actually is? I dunno. Doesn't look good. What evidence can you POSSIBLY produce that it "doesn't look good"?!? Lack of supply =/= lack of demand Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted January 31, 2022 Share Posted January 31, 2022 Just now, GameDadGrant said: The Vita failed, that's true. The PS4 is old, that's true. And I'm pretty sure the PS5 isn't selling as much as Sony would like. Admittedly, that's mostly due to hardware shortages, but still. Hmm. I think people just want the PS5 to thrive. Whether or not it actually is? I dunno. Doesn't look good. I want it to do well. I'm a Day One purchaser of the damn thing, after all. The only thing floundering about the PS5 is Sony’s ability to produce enough of them, and this is not a problem that is unique to them right now. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.