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!

Orcs Must Die! Deathtrap Announced, Launches Early 2025

Orcs Must Die! Deathtrap Announced, Launches Early 2025

Built on Unreal Engine 5, the next instalment in the tower defense series will be available on Xbox Series X/S...

Super Mario Party Jamboree Has Been Rated by the ESRB Ahead of October Release

Super Mario Party Jamboree Has Been Rated by the ESRB Ahead of October Release

The Nintendo Switch's third Mario Party game will release in October, bringing over 110 minigames and a new 20...

Bandai Namco is Bringing Little Nightmares 3 and Dragon Ball: Sparking! ZERO to Gamescom

Bandai Namco is Bringing Little Nightmares 3 and Dragon Ball: Sparking! ZERO to Gamescom

Both games, alongside Unknown 9: Awakening, will be playable at the company's booth at Gamescom, it's been con...

Sea of Stars DLC and Co-op Details Will be Shared Later This Year

Sea of Stars DLC and Co-op Details Will be Shared Later This Year

Developer Sabotage Studio announced earlier this year this its acclaimed RPG's expansion had entered full prod...

EA Sports FC 25 Unveiled, Launches September 27

EA Sports FC 25 Unveiled, Launches September 27

This year's entry will introduce a new 5v5 experience in Rush, new and improved tactical systems, and improvem...

Star Wars Outlaws Showcases Stealth, Ship Combat, and More in New Gameplay

Star Wars Outlaws Showcases Stealth, Ship Combat, and More in New Gameplay

10 minutes of new gameplay footage showcase more of the upcoming open world title in action ahead of its late ...