Sony would have know MS was buying AB before the public since they would have been invited to the table.
Sony acquires Bungie for $3.6B, to remain independent subsidiary with options for "self-publishing & player reach" (deal 5-6 months in making)
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Sony would have know MS was buying AB before the public since they would have been invited to the table.
Yup, I think this is right on it. They don't lose Destiny but also have someone to help with future MP shooters.
I'm sure they've had a look at what they're cooking up there. The new IP.
Defensive buy to some degree- also despite everyone on here saying that all ActiBlizz content will go exclusive to Xbox, this purchase kind of confirms to me that the big two here are expanding how they support gaming by taking in money from publishing deals on multiplatforms through wholly owned subsidiaries.
Some games will wind up exclusive, but unlike Bethesda which made sense to take all the IP from, ActiBlizz and this to an extent make more sense as revenue generators that remain multi platform.
That said the price is interesting. It kind of what tips it as a financial block to MS eyeballing them.
The studios being acquired have all the leverage right now. That leads to huge (and rising) prices, but also if they really want to continue developing their games for other platforms they can probably negotiate that. $3.6 is a "bad" price compared to recent acquisitions but probably plenty reasonable in today's market. Times have changed in relatively short order.
It makes more sense when you realize that they can say whatever they want for PR but in practicality it will probably be just like every other acquisition and they go PS exclusive "by choice"
this makews sense, if we are in a period of inflation, no reason to sit on money.
It seems a bit pricey considering the double amount was how much Bethesda was worth.
It's still interesting even if I never liked Bungie games.
It's still interesting even if I never liked Bungie games.
That's unrelated. Alot of tech/growth dropped at that point.Markets seems disappointed after this announcement...
This industry is just getting ridiculous, lol. You never know what you're going to wake up to, you just know someone will be buying someone.
HOLYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYYY SHIETTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT!!!!!
Things are heating up!!
Things are heating up!!
Imo this is the future we're heading toward. Xbox will make games on PS5 but still sell Xbox hardware, same for Sony, etc. Nintendo is probably the hold out.
Disney wants you to sub to D+ but they don't care if you buy their content at a store or off Amazon video, they just want users. That's where games are heading
Disney wants you to sub to D+ but they don't care if you buy their content at a store or off Amazon video, they just want users. That's where games are heading
I love Bungie. Their gameplay is top shelf, but they are unproven in delivering a story since their rounds with Halo.
This seems like a heavy price tag for their limited IP depth and that they won't be exclusive. Honestly, expected Sony to grab someone with more IP and make them exclusive.
This seems like a heavy price tag for their limited IP depth and that they won't be exclusive. Honestly, expected Sony to grab someone with more IP and make them exclusive.
Microsoft buys Crash and Sony responds by acquiring Microsoft's lost, prodigal child.
This is a strange time for the industry.
This is a strange time for the industry.
Yep, agreed. And I'm already laughing at most hot takes and "bad deal" comments. I think Sony's army of lawyers and number-crunchers have a better shot at deciding what's a worthwhile get compared to a generic Era poster.
Haven't played Destiny since the very beginning of the first game so this doesn't affect me in any way (even less than the Acti-Bliz deal since I have barely touched any of their games in years), but will be interesting to see if they switch it up now or not.
Nintendo buys 343 and Square.
No FF on Playstation and no Halo on Xbox.
As someone who has replayed those Halo games dozens of times each and probably has close to 300 hours in Destiny... I think this is effectively like Xbox buying Rareware. So many of the people that made those games are long gone and Destiny is right next to something like Overwatch in terms of an IP that the fans have seriously turned on, even if its still very successful.
That said I am also a pretty big fan of a lot of what Rare has done under Xbox myself so as Bungie continues to change I think they will ultimately create their own new identity again, I am not worried of them falling apart or anything. If nothing else this fills the massive multiplayer shooter market that PlayStation entirely lacks when it comes to active IP.
Either way I am confident more than anything this has something to do with Spartacus. It directly beats Microsoft at their own game with potentially creating a cross platform subscription service.
Whoa. Weird that they're staying multiplatform. Wonder if MS was looking to buy them and this was purely defensive to make sure Playstation didn't lose another huge shooter franchise?
Either way, still not a fan of this massive consolidation...like, a talented studio that's struggling financially and/or could use the security is one thing (Obsidian and Housemarque come to mind). But these massive purchases of self-sustaining entities rubs me the wrong way.
I guess the industry will inevitably fall into a small handful of massive players like Music and Movies/TV eventually though.
Either way, still not a fan of this massive consolidation...like, a talented studio that's struggling financially and/or could use the security is one thing (Obsidian and Housemarque come to mind). But these massive purchases of self-sustaining entities rubs me the wrong way.
I guess the industry will inevitably fall into a small handful of massive players like Music and Movies/TV eventually though.
Literally made me laugh out loud. Lol 😆
Sony doesn't lose another big FPS title to Microsoft. If giving freedom to the studio is what it takes to guarantee their games will remain on PlayStation, it's worth it to Sony.
I'm happy they're staying Multiplatform. Didn't expect that from Sony, lol
The rumors of a Square Enix-Sony acquisition don't look so crazy after all...
The rumors of a Square Enix-Sony acquisition don't look so crazy after all...
the two acquisitions don't happen in separate vacuums. People are paying a lot more for homes right now than they did 2 years ago. Why do you think that is? Do you think I can go to a realtor and say "I'm only paying what the home was worth 2 years ago and not a penny more!" and expect to come away with a new home?
They'll buy themselves back out in 2-3 years like they did after MS, then Acti/Blizz.So what happens to their Declaration of Independence?
As long as D2 stays multiplat I don't care where they call home.
Yeah you REALLY dont want to be sitting on Liquid assets right now.