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Forums - Sony Discussion - Sony acquires Bungie for $3.6 billion - staying multiplatform

method114 said:
snyps said:

I’ve always been an Xbox fan and Halo CE is still one on my favorite games of all time. With MS currently buying the whole games market I’m pretty thrilled Sony made this purchase.

I appreciate all the common sense everyone is sharing in this thread. Personally, I’m going on intuition here. I don’t like MS buying their way to the top. Sony got some poetic justice by acquiring the talent that made Xbox what it is.

I’d definitely buy a PlayStation 5 to check out Destiny now.

I don't like the consolidation either but if you listen to MS it almost sounds like MS is saying if this doesn't happen Netflix, Amazon, or Apple will do it and no one will want that. I could be wrong though.

This is my take on it as well. Companies don’t just sell themselves unless they need to for whatever reason. Someone was going to buy these companies and if it’s between MS and Apple/Google/Amazon/Netflix/Sony then I’d rather it be MS because at least then you know games will also come to PC day one, GamePass day one, and everything can be downloaded or bought at retail and played locally. With most of those companies, cloud would be the only option. 



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aTokenYeti said:

They paid $3.6 billion for a studio with a single IP that brings in an absolute maximum of $200 million per year in revenue. There are studios with half the employee headcount that bring in double that yearly. That tells you all you need to know about the confidence Sony has in the live service games they currently have in development. 

As to my second point, it’s not going to “tank” Sony’s future negotiations, but it is going to raise bidding prices and make Sony have to agree to things they otherwise wouldn’t. If Sony is attempting to acquire a Square Enix, for example, it stands to reason that square would see the terms of the deal Bungie got and would ask for either a higher price out Sony, more production autonomy written into contract, or both. That is not a position Sony wants to be in. 

Compare this deal on the balance to the $200 million they paid to purchase Insomniac. That deal has probably already paid for itself 5-10 fold. 

Absolute maximum $200M per year based on what? The upcoming Destiny 2 DLC itself has over 1 Million pre orders. The game is consistently one of the most played games on various platforms since its launch in 2017 & has a ton of MTX. It's also an IP that lends itself well for Sony Pictures, in a decade where video game movies and television adaptations are more popular, and profitable than ever. You also can't ignore Bungie's track record for creating popular multiplayer games despite owning one IP. Some people think Starfield could be huge based on Bethesda's track record, and rightfully so, but the same can be applied to Bungie and Matter. And no, Sony acquired Bungie for 2.4B, the 1.2B is after the acquisition closes and will be distributed over several years, and it's not even under Sony's M&A budget. 

Bidding prices nowadays are going to be raised and it has nothing to do with Bungie's deal. Your example with Square Enix is flawed, especially since Sony and Square Enix Holdings are multimedia companies, an acquisition would benefit multiple arms within Sony Corp and not just PlayStation, production autonomy might not matter as much as overall synergy. PlayStation isn't even the first platform holder to offer "independent publishing" post acquisition, but somehow, those kind of terms will only be brought up when negotiating with Sony? What if other publishers want to have a Minecraft deal with Microsoft and this Bungie deal emboldens that? Its not as simple as twisting Sony's arm until they bend to certain terms and agreements like you're making it out to be. 



kirby007 said:

What i dont get is where is the actual proof bungie stays multiplatform outside sony?
You know the same proof that activision will keep COD xbox exclusive i mean thats how people frame Phil. Heh

BUngie`s FAQ have the commitment to stay multiplatform besides they being completely independent, plus Playstation top heads saying the same.

On Activision case you have only Phil saying "he wants" to keep it multiplatform, but no full commitment and total independence of the publisher.



duduspace11 "Well, since we are estimating costs, Pokemon Red/Blue did cost Nintendo about $50m to make back in 1996"

http://gamrconnect.vgchartz.com/post.php?id=8808363

Mr Puggsly: "Hehe, I said good profit. You said big profit. Frankly, not losing money is what I meant by good. Don't get hung up on semantics"

http://gamrconnect.vgchartz.com/post.php?id=9008994

Azzanation: "PS5 wouldn't sold out at launch without scalpers."

kirby007 said:

What i dont get is where is the actual proof bungie stays multiplatform outside sony?
You know the same proof that activision will keep COD xbox exclusive i mean thats how people frame Phil. Heh

Bungie: https://www.bungie.net/en/Explore/Detail/News/50989

>Q. Bungie has future games in development, will they now become PlayStation exclusives? ​

No. We want the worlds we are creating to extend to anywhere people play games. We will continue to be self-published, creatively independent, and we will continue to drive one, unified Bungie community. ​
>Q. Will any announced seasons, events, packs, or expansions be changed or impacted by Bungie becoming part of PlayStation? ​
No. Bungie retains full creative independence for our games and our community. Our plans for the Light and Dark Saga are unchanged, all the way through The Final Shape in 2024. ​
>"The first thing to say unequivocally is that Bungie will stay an independent, multiplatform studio and publisher. Pete [Parsons, CEO] and I have spoken about many things over recent months, and this was one of the first, and actually easiest and most straightforward, conclusions we reached together. Everybody wants the extremely large Destiny 2 community, whatever platform they're on, to be able to continue to enjoy their Destiny 2 experiences. And that approach will apply to future Bungie releases. That is unequivocal.
>"[Bungie] will operate autonomously within the Sony Interactive Entertainment organisation, and they will continue to publish on other platforms. We get the importance of this. 
The difference is Bungie flat out says no, they won't be going exclusive. 
Whereas Phil at different times has said, they'll evaluate on a game by game basis, or that they'll support any platform that supports gamepass.


^ that shit doesn't mention xbox



 "I think people should define the word crap" - Kirby007

Join the Prediction League http://www.vgchartz.com/predictions

Instead of seeking to convince others, we can be open to changing our own minds, and seek out information that contradicts our own steadfast point of view. Maybe it’ll turn out that those who disagree with you actually have a solid grasp of the facts. There’s a slight possibility that, after all, you’re the one who’s wrong.

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kirby007 said:

^ that shit doesn't mention xbox

I agree it doesn't outright say xbox but I do think that is what they mean.

I think at best what we will see is a game that was made by Bungie employees and Sony employees being exclusive. Bungie will use that to say this was a game made in partnership with Sony and not just by us (Bungie) so it's exclusive. Sony did mention wanting to use Bungies expertise in live service games to make their own essentially.



You think/assume its all speculation nothing concrete, which is why i compare with the attitude towards phil



 "I think people should define the word crap" - Kirby007

Join the Prediction League http://www.vgchartz.com/predictions

Instead of seeking to convince others, we can be open to changing our own minds, and seek out information that contradicts our own steadfast point of view. Maybe it’ll turn out that those who disagree with you actually have a solid grasp of the facts. There’s a slight possibility that, after all, you’re the one who’s wrong.

kirby007 said:

^ that shit doesn't mention xbox

What "other platforms" do you think are being mentioned?

This was from their financial presentations, plural platforms other than PlayStation:

>Once part of SIE, Bungie will operate as an independent studio and will continue to
publish its content on platforms other than PlayStation.

>which is why i compare with the attitude towards phil


Where has Phil ever said that a studio would continue publishing on platforms other than Xbox?

Besides that, Zenimax has published games on PlayStation after MS's acquisition. They've done it, but they've never insisted that games would continue to be published on other platforms.



Glad you share my view



 "I think people should define the word crap" - Kirby007

Join the Prediction League http://www.vgchartz.com/predictions

Instead of seeking to convince others, we can be open to changing our own minds, and seek out information that contradicts our own steadfast point of view. Maybe it’ll turn out that those who disagree with you actually have a solid grasp of the facts. There’s a slight possibility that, after all, you’re the one who’s wrong.

I'd say there's a 50% chance at least one future Bungie title will feature in the Xbox consoles, and probably what is still in development. And 0% that they'll be in Game Pass.

But one or two years from now y'all will forget these PR statements even existed.