Will Sony own Destiny?

Bungie, the developer of Destiny 2, is now officially a part of Sony. The PlayStation maker had announced its intent to acquire the gaming studio in January, and now, that acquisition is complete.

Does Sony own Destiny now?

The developer behind Destiny is now a part of the Sony universe. Sony Interactive Entertainment officially closed on a $3.6 billion deal today to buy the independent game studio and publisher Bungie, according to tweets from both Bungie and PlayStation Studios.

Will Sony make Destiny exclusive?

Not only is Destiny staying multiplatform and not becoming a Sony exclusive, but Bungie has said it will remain independently operated and be able to release its future new games and IPs multiplatform as well.

Who owns Destiny rights?

The ink is dry on Sony's acquisition of Bungie, the gaming company that created sci-fi hits Halo and Destiny. Both companies announced the news on Twitter Friday, confirming that the $3.6 billion deal had gone through without any surprises.

Does Sony own Halo now?

While Bungie was a part of Microsoft back in the 2000s, after it split, Halo became a part of Microsoft. That means that Microsoft still owns the rights and will continue to hold the rights of Halo.

Kulinski Reacts To Destiny Vs Tim Pool

Did PlayStation buy Destiny?

Sony is buying Bungie, the developer of Destiny and the original creator of Halo, for $3.6 billion. The acquisition arrives shortly after Microsoft's announcement that it intends to acquire Activision Blizzard in a deal worth $68.7 billion.

Why did Bungie sell to Sony?

PlayStation boss Jim Ryan was open with GamesIndustry.biz that “the way people play games has changed a lot over the last few years,” and that Sony looks at Bungie as a way to “significantly decrease the time it will take to get it right” with regards to live-service, multiplatform gaming.

Did Sony buy Bungie for $3.6 billion?

Bungie is now officially part of Sony

At the initial announcement, Sony said (pdf) the deal was worth $3.6 billion, but in an SEC filing on Friday, it said the deal was worth “approximately” $3.7 billion. The agreement to acquire Bungie has closed.

What are Sony plans for Bungie?

“Our acquisition of Bungie also represents a major step forward in becoming more multiplatform.” Sony has said it's planning to have 12 live service titles in the market by its fiscal year ending in March 2026 – up from three during the current business year.

What happens if Sony buys Bungie?

Sony will pay $3.6 million to acquire Bungie. Once the deal is closed, "Bungie will operate as an independent subsidiary" of Sony Interactive Entertainment. This means that the company will be led by a board consisting of Pete Parsons, current CEO and president of Bungie, and by the rest of the current team management.

Is Sony Bungie deal finalized?

Today Sony Interactive Entertainment announced that its acquisition of Destiny maker Bungie has completed. The merger deal was originally announced in January for the purchase amount of $3.6 billion.

Why does Sony want Bungie?

Fundamentally, the Sony acquisition will help drive Bungie's goals beyond games. In an interview with GamesIndustry today, Parsons confirmed that Bungie's plans continue to include broadening its properties to movies, television, and other media, and being a part of Sony will accelerate that process.

What is Sony doing with Marvel?

The series has grossed a combined $1.5 billion worldwide. Sony is developing a number of live-action films based on Marvel characters, with scheduled releases for Kraven the Hunter in 2023, and El Muerto and Madame Web in 2024.

Did Bungie sell the rights to Destiny?

In January 2019, Bungie announced it was ending this partnership, and would take over publishing for Destiny. Sony Interactive Entertainment completed its acquisition of Bungie in July 2022, with Bungie remaining as an independent and multi-platform studio and publisher.

Why did Bungie leave Destiny?

"Destiny is highly critically acclaimed, high quality content, but it was not meeting our financial expectations," he said. Specifically, Activision Blizzard said previously that Destiny 2: Forsaken failed to sell up to the company's expectations, though Bungie asserted that it wasn't disappointed with the game.

Did Bungie sell Halo rights?

Nope. Although Bungie created the Halo franchise and made the first handful of games, rights to the franchise still belong to Microsoft. Bungie began work on the original Halo in 1997, but Microsoft purchased the studio while the game was still in development, acquiring the IP in the process.

How profitable is Destiny 2?

Destiny 2, the sequel released in 2017, is Bungie's biggest asset right now making the company an estimated $200 million in revenue.

Could Microsoft buy Bungie?

Sony And Microsoft Have Both Acquired Bungie Over The Years, Here's How Much Each Paid. Microsoft bought Bungie in 2000 and now Sony has acquired the studio--for a lot more money.

Who owns Halo now?

Halo is a military science fiction media franchise, originally developed by Bungie and currently managed and developed by 343 Industries, part of Microsoft's Xbox Game Studios.

Will there be a Destiny 3?

Bungie Is Supporting Destiny 2 For The Long Haul, And There's No Room For Destiny 3. Furthermore, it's important to note that Bungie has already stated that there are no plans for Destiny 3 at the moment, and it's unclear if they have any plans for future releases beyond Destiny 2.

Why did Bungie stop making Halo?

Bungie stepped away from Halo and its publisher, Microsoft, in 2007, in order to push forward in the industry rather than be tied to a franchise that had found success at the start of the century, according to community manager David "DeeJ" Dague.

Is Xbox losing Destiny?

On December 8, Destiny 2 and its expansions (Forsaken, Shadowkeep, and Beyond Light) will leave Xbox Game Pass on console and cloud. Destiny 2 and current expansions will remain on Xbox Game Pass for PC.

Is Destiny leaving Xbox?

On April 11, 2022, Destiny 2 and its expansions (Forsaken Pack, Shadowkeep, and Beyond Light) will leave Xbox Game Pass for PC. Xbox's Game Pass Info.