Sony Is Buying Bungie. $3.6 Billion. 5-6 Months In The Making

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Zero_epyon

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#301 Zero_epyon
Member since 2004 • 20239 Posts

@gym_lion: which means it would bring more money and be worth more.

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Gatygun

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#302 Gatygun
Member since 2010 • 2709 Posts

@gym_lion said:

How did Bungie manage to pull of such a great deal. Sony must have been desperate.

Bungie are experts on online games and infrastructure to support it. Sony has no experience in this like at all. It's a huge gain on this front for them specially if they move into the online market far more as focus which they will have to do if they want to stay relevant as single player games are simple not going to keep paying the bills.

While sony makes at best 1 billion from a title, some of the bigger online games make multiple times that a year while that 1 title takes them half a decade to make.

The problem is however that bungie has people in it that make up the talent, so if they drop the company to move to better shores the next day as they can easily, u have a dud of a company that does nothing.

The people in the company is what sony is interested in.

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Zero_epyon

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#303 Zero_epyon
Member since 2004 • 20239 Posts

@gym_lion said:

How did Bungie manage to pull of such a great deal. Sony must have been desperate.

https://www.tweaktown.com/news/84365/sony-offers-bungie-employees-1-2-billion-retention-incentive-plan/index.html

There's the reason. They threw in an extra 1.2 Billion to retain staff. They didn't want the talent to just leave.

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blaznwiipspman1

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#304 blaznwiipspman1
Member since 2007 • 16597 Posts

@Zero_epyon said:
@gym_lion said:

How did Bungie manage to pull of such a great deal. Sony must have been desperate.

https://www.tweaktown.com/news/84365/sony-offers-bungie-employees-1-2-billion-retention-incentive-plan/index.html

There's the reason. They threw in an extra 1.2 Billion to retain staff. They didn't want the talent to just leave.

so the actual bungie purchase was for $2.4 billion. That makes more sense.

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Zero_epyon

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#305 Zero_epyon
Member since 2004 • 20239 Posts

@blaznwiipspman1 said:
@Zero_epyon said:
@gym_lion said:

How did Bungie manage to pull of such a great deal. Sony must have been desperate.

https://www.tweaktown.com/news/84365/sony-offers-bungie-employees-1-2-billion-retention-incentive-plan/index.html

There's the reason. They threw in an extra 1.2 Billion to retain staff. They didn't want the talent to just leave.

so the actual bungie purchase was for $2.4 billion. That makes more sense.

right. mystery solved lol

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Gym_Lion

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#306 Gym_Lion
Member since 2020 • 2592 Posts

@Zero_epyon said:
@gym_lion said:

How did Bungie manage to pull of such a great deal. Sony must have been desperate.

https://www.tweaktown.com/news/84365/sony-offers-bungie-employees-1-2-billion-retention-incentive-plan/index.html

There's the reason. They threw in an extra 1.2 Billion to retain staff. They didn't want the talent to just leave.

Google shows Bungie at having 600 members of staff. That's $2,000,000 each.

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Zero_epyon

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#307 Zero_epyon
Member since 2004 • 20239 Posts

@gym_lion said:
@Zero_epyon said:
@gym_lion said:

How did Bungie manage to pull of such a great deal. Sony must have been desperate.

https://www.tweaktown.com/news/84365/sony-offers-bungie-employees-1-2-billion-retention-incentive-plan/index.html

There's the reason. They threw in an extra 1.2 Billion to retain staff. They didn't want the talent to just leave.

Google shows Bungie at having 600 members of staff. That's $2,000,000 each.

Haha! Obviously, it won't come to them all at once. It's probably coming in the form of stock and bonuses that vest over a certain number of years.

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PC_Rocks

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#308 PC_Rocks
Member since 2018 • 8508 Posts

@regnaston said:
@uitravioience said:

Turns out that Sony paid 2.4b for Bungie and

1/3 of the deal ($1.2B) is part of Sony's long-term incentive program that will reward employees who stay at PlayStation. Devs leaving after projects is a big problem in the industry atm.

It seems that the real price for Bungie's acquisition is 2.4B USD. The rest (1.2B USD) is literally a post-acquisition investment.

I tried linking the tweet but gamespot sucks. Good guy Sony. Pay your devs well.

https://www.forbes.com/sites/paultassi/2022/02/03/sony-is-spending-12-billion-to-make-sure-bungie-employees-dont-leave/?sh=8a1bd9438710

there is a link that tells the details.

Ouch! That means Sony has finally thrown in the towel and accepted that they are sh*t at MP and hence desperately needs a dev who's experienced in it.

Not that I personally cared about Bungie or Halo or Destiny but eh, it did sell and might show some of Sony's supposed 'top tier' devs how to do gameplay as you can't hide behind production values in MP.

Funny how Sony sold Sony Online Entertainment only to overpay for another and might I say inferior MP dev.