Bungie’s value keeps on dropping in latest Sony financials
Sony reported significant impairment losses of approximately $565 million USD in the last quarter related to its acquisition of Bungie, bringing the total annual loss to around $765 million USD. This financial downturn coincides with declining player counts for Destiny 2 and underperformance of the newly released Marathon, as well as substantial layoffs at Bungie since its acquisition.
- Entities
- Company: Microsoft
- Person: Jim Ryan
- Company: Sony
- Game: Destiny
- Topic: Layoffs
- Company: Activision Blizzard
- Game: Destiny 2
- Company: Bungie
- Topic: Live Service Games
- Topic: Company Valuation
- Game: Marathon
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