Sony's Bungie Acquisition Falls Short of Expectations, Leading to $204M Impairment
TL;DR Summary
Sony's expectations for Destiny 2 post-Bungie acquisition have not been met, leading to an impairment loss, but the company remains committed to launching its upcoming game Marathon within the fiscal year and continues to see growth in its live service segment and PS5 lifecycle.
- Destiny 2 falls short of Sony's expectations after Bungie acquisition GamesIndustry.biz
- Welp, says Sony, sure looks like buying Bungie didn't work out PC Gamer
- Sony says Destiny 2 has not met expectations Engadget
- Bungie Isn't Making As Much Money As Sony Hoped - IGN Daily Fix IGN
- Sony says Destiny 2’s "sales and user engagement have not reached" what it expected when it bought Bungie, "downwardly revising" projections as it records a ~$204M impairment loss on Bungie assets The Game Post
Reading Insights
Total Reads
0
Unique Readers
2
Time Saved
2 min
vs 3 min read
Condensed
89%
409 → 44 words
Want the full story? Read the original article
Read on GamesIndustry.biz