Sony Acquires Bungie for $3.6 Billion

Bungie says it will retain its independence even following the acquisition, and will continue to publish multiplatform titles.

Posted By | On 31st, Jan. 2022

bungie logo

Microsoft has dominated recent headlines with the announcement of Activision Blizzard’s acquisition, but Sony itself has been on something of a spending spree over the last year as well, having acquired the likes of Bluepoint Games, Housemarque, and Firesprite. They’ve now added another studio to their first party lineup- and it’s a big one.

Via a GamesIndustry report, it’s been announced that Sony is acquiring Bungie – the creators of Halo and Destiny – for $3.6 billion. Interestingly enough, it seems Bungie is going to operate very differently from others under the PlayStation Studios banner. Following the acquisition, the company will be “an independent subsidiary” of PlayStation, with its board of directors consisting of current CEO and chairman Pete Parsons and the rest of the studio’s current management team.

That means Bungie will still be a multiplatform studio even after the acquisition, and will have the option to self-publish games on other platforms in order to “reach players wherever they choose to play”. So yes, that means Destiny will still be on Xbox, and future Bungie properties might be, too.

“We’ve had a strong partnership with Bungie since the inception of the Destiny franchise, and I couldn’t be more thrilled to officially welcome the studio to the PlayStation family,” says PlayStation CEO Jim Ryan. “This is an important step in our strategy to expand the reach of PlayStation to a much wider audience. We understand how vital Bungie’s community is to the studio and look forward to supporting them as they remain independent and continue to grow. Like Bungie, our community is core to PlayStation’s DNA, and our shared passion for the gamer and building the best place to play will now evolve even further.”

Bungie CEO Pete Parsons says: “Both Bungie and SIE believe that game worlds are only the beginning of what our IP will become. Our original universes have immense potential and, with SIE’s support, we will propel Bungie into becoming a global multimedia entertainment company dedicated to delivering on our creative vision.”

Bungie is currently working on Destiny 2, of course, which has a new expansion coming out soon with The Witch Queen. Meanwhile, the developer is currently also at work on a new IP.


Amazing Articles You Might Want To Check Out!



Share Your Thoughts Below  (Always follow our comments policy!)



Keep On Reading!

Forspoken Has Been Rated by PEGI

Forspoken Has Been Rated by PEGI

Forspoken is currently scheduled to launch for PS5 and PC in October, but recent reports have suggested that i...

Sniper Elite 5’s Campaign is Roughly 20 Hours Long

Sniper Elite 5’s Campaign is Roughly 20 Hours Long

"If you are a stealthy, cautious player who’s looking to complete some side missions, then I would say you a...

Guilty Gear Strive – Starter Edition 2022 Announced, Launches August 9th in Japan for PS4 and PS5

Guilty Gear Strive – Starter Edition 2022 Announced, Launches August 9th in Japan for PS4 and PS5

The new edition will include the base game and Season Pass 1, which features five DLC characters, two addition...

The Quarry PC Requirements Revealed

The Quarry PC Requirements Revealed

Supermassive Games and 2K's Until Dawn-inspired horror title is out on June 10, and PC players can now see wha...

10 Most Stressful Video Game Levels

10 Most Stressful Video Game Levels

These 10 video game levels will knock stress levels up to eleven for even the most hardened of gamers.

10 Recent Video Game Character Deaths That Made Players Sad

10 Recent Video Game Character Deaths That Made Players Sad

It's frankly astonishing how we can get so attached to the mere existence of a fictional character that their ...