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Sony takes $765M loss on Bungie amid struggles for Marathon and Destiny 2

Sony has incurred a $765 million impairment loss on its acquisition of Bungie, significantly devaluing the studio it purchased for $3.6 billion. Despite public statements of support for Bungie's new game, Marathon, player retention data contradicts these claims, with both Marathon and the long-standing Destiny 2 struggling. Bungie appears to be shifting resources from Destiny 2 to Marathon, potentially jeopardizing the future of its flagship franchise. AI

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RANK_REASON Significant financial loss reported by a major company on a subsidiary acquisition. [lever_c_demoted from significant: ic=4 ai=0.0]

Read on Forbes — Innovation →

Sony takes $765M loss on Bungie amid struggles for Marathon and Destiny 2

COVERAGE [4]

  1. Forbes — Innovation TIER_1 · Paul Tassi, Senior Contributor ·

    It Seems ‘Destiny 2’ And ‘Marathon’ Cannot Properly Co-Exist At Bungie

    It is becoming increasingly clear that it is likely not possible to sustain both Destiny 2 and Marathon within a scaled-down Bungie.

  2. Forbes — Innovation TIER_1 · Paul Tassi, Senior Contributor ·

    Sony Backs ‘Marathon’ Even After $765 Million In Bungie Impairment Losses

    Sony's recent earnings revealed an enormous $565 million in impairment losses against Bungie, but Sony is still pressing forward with Marathon.

  3. Mastodon — fosstodon.org TIER_1 · [email protected] ·

    🎮 Marathon's struggles lead Sony to take $560 million loss on Bungie Sony's acquisition of Bungie isn't paying off. As Marathon struggles and Destiny 2 flails,

    🎮 Marathon's struggles lead Sony to take $560 million loss on Bungie Sony's acquisition of Bungie isn't paying off. As Marathon struggles and Destiny 2 flails, the PlayStation company reveals big losses on Bungie. 📰 Source: Polygon.com 🔗 Link: https://www.polygon.com/sony-playsta…

  4. Mastodon — fosstodon.org TIER_1 · [email protected] ·

    🎮 PlayStation records $765m impairment loss from Bungie as operating income falls 41.6% in Q4 Sony has released its full-year financial results, reporting stabl

    🎮 PlayStation records $765m impairment loss from Bungie as operating income falls 41.6% in Q4 Sony has released its full-year financial results, reporting stable sales and a modest increase in operating income for its Games & Network Services segment (G&NS). Read more 📰 Source: G…