It seems like Sony Interactive Entertainment are joining Microsoft in the attempts to acquire certain video game development studios. Following Bethesda Softworks and and the announcement of Activision Blizzard joining the Xbox Game Studios team, Sony has today confirmed that Bungie, creators of the Halo series and Destiny 2, will be joining the PlayStation Family.
According to the announcement made by President & CEO of Sony Interactive Entertainment, Jim Ryan, Bungie will “remain an independent and multi-platform studio and publisher” and “sit alongside the PlayStation Studios organization”. To be specific, the organisation will serve as an independent subsidiary of Sony Interactive Entertainment, and be run by its Board of Directors chaired by Pete Parsons and Bungie’s current management team. The total consideration of the acquisition will come out to approximately 3.6 billion US dollars, inclusive of purchase price and committed employee incentives.
Therefore, unlike some question marks arising around future games from Bethesda and Activision being made available only on the Xbox and PC platforms, it sounds like Sony isn’t hindering Bungie from making multiplatform releases. Although, of course, actions speak louder than words.
We’ve had a strong partnership with Bungie since the inception of the Destiny franchise, and I couldn’t be more thrilled to officially welcome the studio to the PlayStation family.
This is an important step in our strategy to expand the reach of PlayStation to a much wider audience. We understand how vital Bungie’s community is to the studio and look forward to supporting them as they remain independent and continue to grow. Like Bungie, our community is core to PlayStation’s DNA, and our shared passion for the gamer and building the best place to play will now evolve even further.
Jim Ryan – President and CEO of SIE
In SIE, we have found a partner that fully supports us and wants to accelerate our vision of creating meaningful entertainment experiences that span generations, all while valuing the creative independence that is the heartbeat of Bungie.
We will continue pursuing our vision of one, unified Bungie community, building games that value our community and meet them wherever and however they choose to play. Both Bungie and SIE believe that game worlds are only the beginning of what our IP will become. Our original universes have immense potential and, with SIE’s support, we will propel Bungie into becoming a global multi-media entertainment company dedicated to delivering on our creative vision.
Pete Parsons – CEO and Chairman of Bungie
While you can expect to hear more about this acquisition in the coming weeks, below are public statements from both organisations:
I am absolutely thrilled to announce a new member will be joining the PlayStation family!
I’ve been a fan of Bungie for many years. I have admired and enjoyed the games that they create – and have great respect for their skill in building worlds that gamers want to explore again and again.
Bungie makes games with outstanding technology that are enormously fun to play. They also have unmatched dedication to the communities that play their games, and everyone at PlayStation, and PlayStation Studios, will be excited about what we can share and learn from them.
I have spent a great deal of time with the senior team at Bungie and it is clear their experience and skills are highly complementary to our own.We will be ready to welcome and support Bungie as they continue to grow, and I cannot wait to see what the future holds for this incredible team.
Hermen Huist – Head of PlayStation Studios
We believe games have limitless potential, and that to do anything worthwhile in entertainment, we must bet big on our vision, on our studio, and on our incredible team of trusted creators who build unforgettable worlds that truly matter to people.
In Sony, we have found a partner who unconditionally supports us in all we are and who wants to accelerate our vision to create generation-spanning entertainment, all while preserving the creative independence that beats in Bungie’s heart. Like us, Sony believes that game worlds are only the beginning of what our IPs can become. Together, we share a dream of creating and fostering iconic franchises that unite friends around the world, families across generations, and fans across multiple platforms and entertainment mediums.
Today, Bungie begins our journey to become a global multi-media entertainment company.
CREATIVE FREEDOM
“Since taking flight in 1991, Bungie has always charted the future with our own star map – a path that is driven by our people and for our community. We are continuing that journey with new worlds in development, and we can’t wait to share them with you.
With Sony, the potential for our universes is unlimited. Our future games will take bold steps into unexplored spaces for Bungie, continue to push the boundaries of what is possible, and will always be built on a foundation of creating meaningful, lifelong friendships and memories.
We remain in charge of our destiny. We will continue to independently publish and creatively develop our games. We will continue to drive one, unified Bungie community. Our games will continue to be where our community is, wherever they choose to play.
With Sony’s support, the most immediate change you will see is an acceleration in hiring talent across the entire studio to support our ambitious vision. If this speaks to you, and you want to help us put a dent in the universe, we are hiring across all disciplines for Destiny 2 and for all new worlds beyond.
THREE DECADES AND COUNTING
“What makes our worlds come to life is our community and our people in the studio. Our people are the soul of Bungie. Empowered by our people, we have pushed the boundaries of what we thought was possible and transformed who we are as a company.
Over the past 30 years, the inviting worlds we’ve built have turned into thriving communities, and that community is the true magic. These communities have taken Bungie beyond games. They have forged life-long bonds, and humbled us with the real, meaningful good they drive within us and the world.
More than anything, Sony understands that our people and our community are both the priority, and the heart of our success, and are willing to stand alongside us as we continue to use our platform to drive action towards a more welcoming and equitable world. Our goal is to build a place where the world’s most creative and talented people can come and do their best work, no matter who they are, where they are from, or how they identify.
That’s the real dent in the universe we want to make — the one we want to last beyond us.
Be a part of this future with us. See you Starside.
Pete Parsons – CEO and Chairman of Bungie
