Destiny 2: Last News

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‘Destiny 2’ developer Bungie faces an uncertain future, report claims

Destiny 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.
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Sony offers £880million retention scheme for Bungie employees
Sony released an earnings report that included details of its recent acquisition of Bungie that revealed employee retention plans.Sony revealed plans to purchase Destiny 2 creator Bungie for £2.6 billion earlier this week, and now an earning report says that a third of the money will be used for “deferred payments to employee shareholders, conditional upon their continued employment, and other retention incentives” (via TweakTown).The deferred payments are planned across multiple years once the acquisition is complete and aim to keep Bungie’s current staff at the company. Sony is prepared to use £582 million in deferred payments in the first two years after the deal completes.The acquisition was announced in a press release which revealed that Bungie would be an independent subsidiary of Sony Interactive Entertainment and run by its Board of Directors, chaired by Pete Parsons and Bungie’s current management team.“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,” said Jim Ryan, President and CEO of Sony Interactive Entertainment.“This is an important step in our strategy to expand the reach of PlayStation to a much wider audience.” Ryan continued, “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.
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