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BREAKING: Sony is acquiring Bungie for 3.6b

skit_data

Member
I didn’t know Destiny 2 still had so many players, average player count seem to be +50,000 according to Steam charts.
I think it will take a while before we actually understand the price point of this acquisition, I think it mainly comes down to what their new game is.

It sounds like pretty small money compared to Acti-Blizz but it also sounds like a fuckton of money compared to what they paid for Insomniac Games. I don’t think they went into this purchase on the Destiny 2 IP alone.
 
I do like destiny but its not one of those games that pulls you in to buy the console
and they spent 3.7 Billion on effectively one game which will still be Multiplatform...its defiantly not a minecraft or world of warcraft level title


There were so many other studios they could of bought for that amount of coin and they would of had a much bigger breadth of studios to work on first party IP
 
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Banjo64

cumsessed
Considering how many dev teams came in the Zenimax deal for 7b, I feel like 3.6b for Bungie is a bit steep.

Good team for mp but 3.6b ehhhh no way
Someone else pointed out earlier that Zenimax comes with a much bigger operating cost compared to Bungie.

End of the day the Zenimax deal was good for MS who were seeking single player block buster games and got them with Doom, TES and Fallout. Bungie is good for Sony who need a first party FPS studio and got one that ticks every box in my opinion; MTX/live service/co-op focus as well as PVP. It’s a match made in heaven.

I’d touted it in the aftermath of the Activision deal but didn’t think it’d happen a week later :messenger_tears_of_joy:

Not at all.

I wouldn’t be surprised if Bungie do jump in to bed with Sony though. It would probably suit both parties.

Destiny already has a large following, and it’s as mechanically sound and polished as a Sony first party game. It’s co-op centred too, which would probably appeal to Sony.

Destiny’s popularity would also only grow if it’s the major FPS available on the console with Sony’s full weight behind it.

It’s only estimated but there’s supposedly between 31 and 38 million people who have played Destiny 2 (it’s now F2P but it still draws impressive numbers on Steam). I personally think buying Bungie would be a better buy than Activision.

IMO CoD and Candy Crush were the main pull for the Activision deal. Overwatch is crap compared to Doom, CoD and Halo.
 
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reksveks

Member
For these that things Destiny 2 is small lol



Destiny2-Pop.png
Source? Never mind found it.

According to this https://mmo-population.com/r/destin...ies S/X, PlayStation 5 5 Released: 2017-09-06 and then https://steamdb.info/app/1085660/

Apparently steam is 8% of the destiny player base? What pc launcher is destiny on?

Someone mentioned it previously but Destiny revenue is like 2B, roughly half Zenimax revenue.
Source?
 
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Ezquimacore

Banned
Once again they don't need "cash on hand"

Companies can get the funds for whatever the hell they want within reason. They're not limited to whatever cash they actually have in the bank. Far from it.

Do you think you need $300,000 in your bank to buy a $300,000 house too?
Bruh, Sony doesn't not own all their stocks!!! 50b would be a disaster for them. That's why they're are a public company.
 
With MS buying 3rd party IP’s and publishers, I think Playstation needs to aswel. Not what I wanted Playstation to do but with MS buying loads, they are kinda forced to. But buying Bungie wouldnt be my first choice, as they lack IPs. Bungie does fill in the 1st person shooter studio needed though.

I was happy with Playstation just creating IP’s with studios they work with exclusively for a long time and then purchasing them. Like working with Naughty Dog exclusively for awhile before buying them. But now I think its more important for them to buy a publisher with familiar playstation 3rd Party IP’s before MS does. Be awful if GTA6 or 7 etc wont be on the PS6 as they have always been on the Playstation since GTA1.
There ain't gonna be a PS6, champ.
 

ZehDon

Member
Oh okay. I forgot Sony is doomed. Let's revisit this in a year and see how it turns out. lmao.
I never said "SoNy WaS dOoMeD". I said they need to compete with Microsoft.

Sony went all in on the third person cinematic action adventure game, and left third parties to make basically anything else. Microsoft is building its platform as the home for an eye watering set of diverse franchises. Sony needs to respond with titles of its own. If I want an RPG, I shouldn't get a PlayStation. If I want an FPS, I shouldn't get a PlayStation. If I want a Strategy game, I shouldn't get a PlayStation. That's not a good position. Sony need their own high quality titles to compete in these genres.
 
Correction, Marvel gave Insomniac Spider-Man (and Wolverine). Sony only owns the film rights.
Actually thats wrong, Marvel came to Sony and asked them to make a Spiderman game, at which point Sony chose Insomiac out of their studios and partners. After seeing the work and passion Insomiac showed for Spiderman, Sony purchased them. Funny thing is there were some Insomiac devs who thought they were already owned by Sony.
 
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Kdad

Member
Once again they don't need "cash on hand"

Companies can get the funds for whatever the hell they want within reason. They're not limited to whatever cash they actually have in the bank. Far from it.

Do you think you need $300,000 in your bank to buy a $300,000 house too?
I didnt read the full thread, and yes, SONY can absolutely debt finance a takeover. Whether that is smart is a different question.
But Tencent not out bidding SONY for the final 11% control of EPIC isn't going to happen...EPIC is Tencent's wedge on iOS in the West and I can't see them allowing themselves to get outbid. Anyone buying EPIC other than Tencent isn't going to happen imo. That isn't a SONY ability to come up with the money issue its a Tencent isn't going to sit by and see it happen issue.
 
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DJ12

Member
The fact Sony bought Bungie shows signs of desperation.. it is like the last song of the night at a club and everyone else went home.
Fully engaged, not extending to your brain obviously.

Sony be so dominant in the market, MS has been forced to spend nearly 80 billion, and still no sign of making a dent in that market share.

But of course, MS spending all that is a sign of someone comfortable with the status quo I presume?
 

Banjo64

cumsessed
I do like destiny but its not one of those games that pulls you in to buy the console
and they spent 3.7 Billion on effectively one game which will still be Multiplatform...its defiantly not a minecraft or world of warcraft level title


There were so many other studios they could of bought for that amount of coin and they would of had a much bigger breadth of studios to work on first party IP
It’s probably not either or. They’ll make another big move or 2.
 

ZehDon

Member
Comes down to GAAS. And by the sounds of it Destiny is still making good coin in DLC and mtx.

In that list of Japanese company market cap where there's a bunch at under $5B, they are well known companies with a ton of franchises and games they pump out every year. But Sony probably analyzed the numbers and they'd rather take a Destiny focused studio with GAAS over Sega or whichever studio in the same ballpark price that is ore traditional in revenue (copies sold) with little mtx and probably a ton more employees.

Sony also needs a shooter since their in house teams havent made a shooter since Shadowfall, so when Destiny 3 releases at some point, there's their tried and true exclusive shooter. Destiny 2 is PRed as legacy multiplatform, but I dont think it says anything about their other secret IPs or Destiny 3.
According to Bungie's post, they're not going exclusive - all future title remain multiplatform, and they continue to own the IP. Unless I read it wrong? As best as I can see, Sony bought a revenue stream and Bungie's GaaS expertise. As far as we know, their next game isn't Destiny 3; it's some kind of medieval/fantasy game.
 
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fallingdove

Member
Correction, Marvel gave Insomniac Spider-Man (and Wolverine). Sony only owns the film rights.

Is this true? Seems like a weird order of operations.

I had always assumed that Sony negotiated a game out of Marvel based on the 2018 dispute and that Sony (having worked closely with Insomniac) identified them as a good fit for the title. Fast-forward a few years; Marvel (who owns the rights to Wolverine having acquired Fox) says to Sony "You made us a tonne of money with Spider-man, and because Square shit the bed with Avengers, we'd like you to make a Wolverine game..."
 

Stuart360

Member
Destiny is what increased their value.

Is people really thinking Destiny and Destiny 2 (that I don't like) did any bad? They were massive successful.
Even today you see high playing activity in Destiny 2.

It has daily activity of over 750k players.
Which other FPS has that in the industry?
CSGO has more than that daily just on Steam. And i'd bet COD, and certainly Warzone, gets higher.
 

ManaByte

Gold Member
Actually thats wrong, Marvel came to Sony and asked them to make a Spiderman game, at which point Sony chose Insomiac out of their studios and partners. After seeing the work and passion Insomiac showed for Spiderman, Sony purchased them.

No that's not true at all. I don't know where you're getting your fan fiction. Marvel Games came to PlayStation and offered them an exclusive Marvel title. PlayStation offered the game to Insomniac after they did Sunset Overdrive, and Marvel then allowed Insomniac to pick any character they wanted. Insomniac chose Spider-Man.

Directly from Ted Price:
 
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ethomaz

Banned
There are player counts from Bungie APIs.


You can enter in the discord server with the Bot Charlemagne and send him "/analytics population".


Edit - He changed from !pop to /analytics population.
 
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Be on the lookout for th Horizon or last of us gaas.. I can see Sony bringing in Bungie to turn Horizon or the last of us worlds into an MMO
 
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Bruh, Sony doesn't not own all their stocks!!! 50b would be a disaster for them. That's why they're are a public company.

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?
 
Fully engaged, not extending to your brain obviously.

Sony be so dominant in the market, MS has been forced to spend nearly 80 billion, and still no sign of making a dent in that market share.

But of course, MS spending all that is a sign of someone comfortable with the status quo I presume?
LOL No one needed to buy bungie to win points.
 

tmlDan

Member
According to Bungie's post, they're not going exclusive - all future title remain multiplatform, and they continue to own the IP. Unless I read it wrong? As best as I can see, Sony bought a revenue stream and Bungie's GaaS expertise. As far as we know, their next game isn't Destiny 3; it's some kind of medieval/fantasy game.
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.
 

wOs

Member
As a PlayStation owner I hope they make games other then destiny. As a pc and Xbox owner without that I don't care. I poured hours into d1 and loved it and couldn't do more than just the story in 2.
 
I didnt read the full thread, and yes, SONY can absolutely debt finance a takeover.
But Tencent not out bidding SONY for the final 11% control of EPIC isn't going to happen...EPIC is Tencent's wedge on iOS in the West and I can't see them allowing themselves to get outbid. Anyone buying EPIC other than Tencent isn't going to happen imo. That isn't a SONY ability to come up with the money issue its a Tencent isn't going to sit by and see it happen issue.

Don't get me wrong I don't think there's a chance in hell Epic is on Sony's radar for an acquisition
 

jufonuk

not tag worthy
So It Begins Helms Deep GIF by Giphy QA


This will escalate. The acquisition wars have begun.

Calling it.
If this continues It is gonna lead to bad things. Mark my words. It’s not sustainable
 
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Jim Ryan must be sniffing glue because this is the worst deal in gaming history. They literally bought one studio with one IP and they remain multiplatform! 3 billion! 🤣
There must be something there that made it worthwhile though. Sony Group isn't just going to OK this acquisition for nothing. Unless they really are that desperate.

Still, this gets them a new revenue stream and possibly some expertise on multiplayer/online infrastructure.
 
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Dr.Morris79

Gold Member
Destiny is what increased their value.

Is people really thinking Destiny and Destiny 2 (that I don't like) did any bad? They were massive successful.
Even today you see high playing activity in Destiny 2.

It has daily activity of over 750k players.
Which other FPS has that in the industry?
I was talking integrity.
 

MaulerX

Member
Good for Sony but it's a weird acquisition.

Almost 4 Billion for a studio that only does Destiny. And they're going to remain independent and multi-platform. Probably a stipulation Bungie insisted on.

Makes the Bethesda acquisition look like a bargain.
 

ChiefDada

Gold Member
Considering how many dev teams came in the Zenimax deal for 7b, I feel like 3.6b for Bungie is a bit steep.

Good team for mp but 3.6b ehhhh no way
Its not just about head count but also MP expertise. What other alternative did Sony have if they're looking to build their GAAS offerings for the long-term?

I agree that $3.6b is too much for a company like Microsoft who already has an impressive GAAS lineup, but Sony, being the more desperate of the two for this sort of content, is the highest and best use value buyer in this situation.
 
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