Is Bungie Sony's Worst Ever Acquisition After $765 Million Write-Down?
Sony has reported a $765 million impairment loss on its acquisition of Bungie, significantly devaluing the developer since its $3.6 billion purchase in 2022. This write-down, partly due to the underperformance of games like Marathon and Destiny 2's declining player base, raises questions about whether Bungie is Sony's worst acquisition. The article also touches on Sony's broader struggles with live service games and other studio acquisitions.
Push Square
- Entities
- Microsoft
- Sony
- Michael Pachter
- Activision Blizzard
- Destiny 2
- Concord
- Bungie
- Mergers and Acquisitions
- Live Service Games
- The Last of Us Factions
- Marathon
Original source
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