BREAKING: Sony is acquiring Bungie for 3.6b

Lmao are you being serious? Companies are public because it's easier to raise capital. Like what?

I'm not saying 50B stock for stock. They can use a mix of their own cash, issue debt and do stock for stock.

Once again, do you need $300,000 in the bank to buy a $300,000 house?
You are talking about 50b in acquisition for a company that's worth 135b without counting their debts, that's more than a third of their worth (which they don't have complete control) to acquire unreal engine and Fortnite. Also, they will have to buy Tencent shares. If all of that doesn't not sound like a crazy fantasy idk what to tell you
 
My thought exactly , would have been way more valued purchase
lol you guys are totally divorced from reality. What the hell is Konami going to do for Sony? So they buy a bunch of dusty Konami IPs, none of which have much relevance in today's market. Now what? Spend six years making a single player cinematic third person game with some Konami IP so people can buy it for 15 bucks at GameStop 4 months after launch?
 
I didn't like it when Microsoft did it, and I don't like it now when Sony does it... Does this make this a pro Nintendo post by default?
 
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Maybe its Sony showing that they are concerned about engagement or hours played. They need something that keeps people online for long periods of time. By definition that has to something multiplayer.

Destiny has to have one of the better engagement metric sets of any game maker available for purchase.
 
As far as we know, their next game isn't Destiny 3; it's some kind of medieval/fantasy game
Hmm, that actually sparks some interest then. I can't get into the aesthetic of Destiny and Halo, it's not my type of Sci-Fi.

Do you have any links/further info on the subject matter?
 
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And there are probably plenty of others too, if Destiny 2's Steam numbers are any indication (the likes of PUBG, Apex, and even Team Fortess 2 miles ahead)..
Steam numbers are not even 10% of Destiny activity.

PUBG including mobile is around Destiny 2 numbers.
Apex 100-200k lower.

Edit - Team Fortness 2 is below 100k… c'mon.
 
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hahah competition I like it. :)

But why? I wish they just both sides just buy studios and create IP's, not buy 3rd Party IP's etc. Well mostly on both sides.

I wouldnt neither Xbox, Playstation, Nintendo, Valve to start owning more and more 3rd party IP's. Sometimes it is needed but most of the studios are handiling their IP's as good as Playstation and xbox etc, not need to be controlled by them.

On another point, is Bungie even a publisher? Its still out of character for Playsation as they normally only buy a studio they have worked with exclusively after multiple co created IP's. Most of the time. Like how Xbox worked with Undead Labs with State of Decay and games like Age of Empires etc

I think the only IP's Playstation bought which they didnt create is Lemmings and Wipeout lol
 
But why? They could have bought Sega or Konami for that...
To do what with fucking konami? You all are crying that Xbox took the best game is the planet call of duty and Sony must start to shiver and cry if they don't counter attack. They buy a studio that is master at their craft at that genre and now you complain....
 
But why? They could have bought Sega or Konami for that...
Yeah quite baffling. If Bethesda cost 7 billion surely 3.5 billion gets you the likes of Konami, Sega, Capcom, Bandai Nampo..?

At the end of the day I tell myself they have more data than we do so they know things we don't 🤷🏾‍♂️
 
I ain't no games industry expert, but is this really a good buy?
I mean, aren't they better off purchasing a Japanese studio like Square Enix or Capcom?
 
Future Bungie games exclusive to Playstation (maybe with PC) is a massive get and I expect they'll be breaking the Destiny mould soon
 
Bungie for 3.6b meanwhile Zenimax was 7b?

either Sony massively overpaid or MS massively underpaid.
Of course Sony overpaid, just like MS overpaid $20 billion above the share price for a company that is literally under indictment.

Things are just different now. Zenimax was a year and a half ago, and everything is inflated at the moment. Companies are sitting on record amounts of cash, and everyone is going to end up in a bidding war.

Insomaniac and Respawn went for $300 million. But no one was bidding for them. I am guessing there was a big bidding war for Bungie and Sony had no choice after CoD to go all in. You cant survive losing both CoD and Destiny and whatever Bungie is cooking up next. And lets face it, the next bungie game is going to be huge.

$3.6 billion is overpaying for Bungie, but in the grand scheme of things, it's pennies to save their $25 billion a year business.
 
To people that won't enter in the Discord Server.

Destiny2pop2.png


Destiny is that HUGE!

I am trying to do the maths
- 860k total
- Steam is capping out according to steamdb at 70k (https://steamdb.info/app/1085660/graphs/)

So you saying the steam is 8% of the destiny player base?
Or is there another pc launcher that I am missing?

Or one of the sites is wrong or both are. Is there a way to get split by platform in the Discord?

Based off https://warmind.io/activity, apparently steam is 33% of the player base so that steamdb.info should be around 280k, no?
 
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lol you guys are totally divorced from reality. What the hell is Konami going to do for Sony? So they buy a bunch of dusty Konami IPs, none of which have much relevance in today's market. Now what? Spend six years making a single player cinematic third person game with some Konami IP so people can buy it for 15 bucks at GameStop 4 months after launch?
I know. Konami in particular is a hilarious claim. They've absolutely gutted their gaming arm.

The one game they still make is now so absurdly bad it's practically buried the franchise forever.
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£20 for Konami would be £20 too much.
 
I ain't no games industry expert, but is this really a good buy?
I mean, aren't they better off purchasing a Japanese studio like Square Enix or Capcom?
Bungie can help shore up their lack of FPS online type game stuff. (If that is the the route they are heading).

But yeah./..Capcom or Square would be super cool.
 
There ain't gonna be a PS6, champ.

Even if Sony had Wii U numbers there will probably be a PS6.
And there will be a PS7 as there is always gonna be hardware and PC's that are alway gonna be better gaming than streaming.
All streaming future isnt happening for along time
 
Yeah quite baffling. If Bethesda cost 7 billion surely 3.5 billion gets you the likes of Konami, Sega, Capcom, Bandai Nampo..?

At the end of the day I tell myself they have more data than we do so they know things we don't 🤷🏾‍♂️
Destiny alone makes 500 million in revenue (est), Zenimax as a whole makes 1.3Bn to 2.2Bn a year (est.) with multiple games and multiple studios and 2,300 employees, Bungie has around 800 or more.

Using that tech and knowledge across their other games and studios could bring huge future profits.

It's not rocket science.
 
Why is this a shit deal now? Because it isn't massive like the activision one?

Because Bungie isn't part of PlayStation Studios, they're still 100% independent and will be self-publishing their games, and their new IP that's under development isn't exclusive.
 
Maybe its Sony showing that they are concerned about engagement or hours played. They need something that keeps people online for long periods of time. By definition that has to something multiplayer.

Destiny has to have one of the better engagement metric sets of any game maker available for purchase.
Well yeah. With CoD and future Blizzard games going, they need to ensure they have a healthy online presence to ensure PS Plus subs don't drop etc.
 
It's probably a MS keeps COD multiplatform then they keep getting Destiny situation.
Jim Ryan said this deal was in the works for 5-6 months, way before they knew about the Activision deal, and it was Bungie who wanted to remain multiplatform, so it's definitely not in response to that.
 
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So basically 3.6 Billions thrown in the garbage can.... SMH

People make purchases for access to resources and technology in the possession of specific studios. Bungie has tools, tech and knowledge that can be very valuable to Sony and all their internal studios. They also inherit a very successful multiplayer IP in the Destiny franchise.

And, considering saw what took place with Activision Blizzard and Microsoft, they had to react. And, no, to others who might think there's no straight line here from Microsoft's acquisition of Activision Blizzard to this Sony and Bungie deal, consider this.

It doesn't matter for how long Sony and Bungie have been in talks. I'm certain that Sony would have been interested in them even without the Activision deal. However, the moment Sony saw Activision take place, a reality set in. A reality where Sony was now about to lose a major staple in their lineup and offering to their customers, future Call of Duty games, a competitor is picking up the most successful service MP game in the business in warzone, but they're also getting Diablo and Overwatch, too, with a fast approaching time where newer titles simply won't release on Playstation at all.

In that situation, even if you were in talks with Bungie since last year about this possibility, and terms were discussed, Sony is now faced with a decision.

Where do they go to possibly get something under their umbrella that falls in line with the service based MP shooter genre? They're not getting Fortnite, they're not getting Apex Legends (presumably), where else can they go? Destiny franchise and Bungie to help eventually create something new that fills the gap that Activision Blizzard and no new COD games will eventually leave in the Playstation lineup, while equipping their other internal studios with the knowledge and tools they can get from within Bungie to further prepare for the future.

Talks between Sony and Bungie may have started before the Activision and Microsoft deal were announced, but the announcing of the completion of the Microsoft and Activision deal almost certainly played a role in pushing Sony and Bungie closer to finalizing a deal.
 
and when they say multiple platforms, they could honestly just release it on PC and PS and not be liars lol
They specified that even if Bungie will now be under SIE, Bungie won't be under PS Studios and will be an independent publisher instead, that will continue publishing Destiny 2 and future games as multiplatform and clearly mentioned that this included non-Sony consoles.
 
Jim Ryan said this deal was in the works for 5-6 months, way before they knew about the Activision deal, and it was Bungie who wanted to remain multiplatform, so it's definitely not in response to that.
Unless they already knew about Microsofts intentions to purchase Activision.
 
You might want to go read their website and what they say about their future games.
They will go where Sony directs them to go

Destiny will continue to be supported but if Sony wants their next game exclusive they will get it

These statements are just to make it seem more digestible, same sort of statements MS has made with Bethesda and ActiBlizz
 
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Of course Sony overpaid, just like MS overpaid $20 billion above the share price for a company that is literally under indictment.

Things are just different now. Zenimax was a year and a half ago, and everything is inflated at the moment. Companies are sitting on record amounts of cash, and everyone is going to end up in a bidding war.

Insomaniac and Respawn went for $300 million. But no one was bidding for them. I am guessing there was a big bidding war for Bungie and Sony had no choice after CoD to go all in. You cant survive losing both CoD and Destiny and whatever Bungie is cooking up next. And lets face it, the next bungie game is going to be huge.

$3.6 billion is overpaying for Bungie, but in the grand scheme of things, it's pennies to save their $25 billion a year business.

Microsoft didn't overpay for anything, they underpaid for a company down in value and only paid market price without a premium compared to what it was trading at before the public outcry, they got a bargain.




'Future Bungie releases to remain multiplatform as well.'

If Sony thinks this is a bartering chip for CoD I've got news for you son 😂

This get makes zero sense and is overpriced as fuck, I guess when nothings available you do what you need to do to look like you're not doing nothing.
 
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You are talking about 50b in acquisition for a company that's worth 135b without counting their debts, that's more than a third of their worth (which they don't have complete control) to acquire unreal engine and Fortnite. Also, they will have to buy Tencent shares. If all of that doesn't not sound like a crazy fantasy idk what to tell you

I'm not talking about whether they can get Epic themselves. I was targeting the nonsense that you think a company needs 50B in cash to make a 50B aquisition. That you even think that shows how little you actually know
 
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They specified that even if Bungie will now be under SIE, Bungie won't be under PS Studios and will be an independent publisher instead, that will continue publishing Destiny 2 and future games as multiplatform and clearly mentioned that this included non-Sony consoles.
As I said, until Sony comes out and says it, not some Bungie FAQ - we will see.

Things may and will likely change because Bungie still has autonomy like Activision Blizzard does until the buy falls through
 
That's a good buy for Sony as they don't have any decent fps series and say what you want about destiny but gameplay was never the problem. There's a ton of opportunity here.
 
you cant own the IP when Sony bought them, they own them and all their IP.

So what Bungie says right now may be moot once the deal falls through and completes.

This is not a partnership, its an acquisition.
Not at all. You should read up on IP acquisitions.

For example, this is why Microsoft had to buy Halo from Bungie when Bungie split from Microsoft back in the day. Bungie always retains ownership of their IPs and they don't give it up for anyone. It was a stipulation of their deal with Activision Blizzard for the original Destiny that Bungie owns the IP outright. This is why its laughable what Sony has paid for Bungie; when Bungie eventually leaves Sony, they'll take all their IPs with them and Sony gets nothing.
 
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