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Warner Bros. Entertainment Inc. (commonly known as Warner Bros. and abbreviated as WB), is an American diversified multinational mass media and entertainment conglomerate headquartered at the Warner Bros. Studios complex in Burbank, California, and a division of AT&T's WarnerMedia. Founded in 1923 by brothers Harry, Albert, Sam, and Jack Warner, the company established itself as a leader in the American film industry before diversifying into animation, television, and video games, and is one of the "Big Five" major American film studios, as well as a member of the Motion Picture Association (MPA).
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‘Destiny 2’ developer Bungie faces an uncertain future, report claims
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nme.comDestiny 2 developer Bungie is facing a full takeover by Sony, according to a new report, leaving employees worried about the studio’s future.Sony already owns Bungie, but the developer retains some autonomy.
In a statement issued when the acquisition process started in January 2022, Bungie said “we remain in charge of our destiny.
We will continue to independently publish and creatively develop our games.”The deal was completed in July of 2022 and was worth reportedly $3.7billion.
Currently, the board of directors at Bungie is split between members from PlayStation and Sony, and members of Bungie itself.In November 2023, Bungie laid off roughly eight per cent of its workforce, around 100 employees.
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