PS5's November 2023 was Sony's biggest November for PlayStation sales to date, Sony Interactive Entertainment's Head of Global Business has said.
06.12.2023 - 22:39 / gamedeveloper.com / Simon Zhu / Playstation Studios / Pete Parsons / Sony
The tumultuous saga at Bungie continues, with a new report from IGN claiming the studio may be completely taken over by Sony depending on the performance of June 2024's Destiny 2: The Final Shape.
Sources speaking to the outlet explained that when Sony acquired the developer last year, Bungie was contractually obligated to meet certain financial goals. Should those goals not be met by a particular amount, Sony can dissolve the current board and take full control of the company.
Presently, Bungie's board is CEO Pete Parsons, co-founder Jason Jones, CTO Luis Villegas, PlayStation Studios head Herman Hulst, and Sony senior VP Eric Lampel. NetEase's Simon Zhu (which helped Bungie gain independence from Activision Blizzard) is believed to have left following the acquisition.
The potential takeover is what spurred the October layoffs, and sources also claim that Bungie has enacted further cost-cutting measures. Current staff confirmed a hiring freeze at the studio, and that several benefits like holiday bonuses and reduced travel benefits have been scaled back or wholly eliminated.
Morale at Bungie is said to be "soul-crushing" over the last month, not helped by an alleged indifference from management. Leadership reportedly told multiple employees that further layoffs may still be possible, depending entirely on the performance of Final Shape.
Employees recalled how they asked leadership if they were taking pay cuts to prevent layoffs, the response to which was that Bungie was "not that kind of company."
However, that leadership is allegedly a company that's heaped additional responsibilities on outsourced QA testers and become increasingly hostile towards them. Within the last year, workloads for QA staff have increased, while at the same time, management once referred to them in a team meeting as "non-developers."
Many speaking to IGN feel as though Bungie is falling apart, not helped by a leadership that's eroded trust and set up divisions between them and their workers.
"This isn’t what I came here to do," said one source. "I’m upset. [...] Everyday I walk in afraid that I or my friends are next. No one is safe."
"We know we need Final Shape to do well," added a second source. "And the feeling at the studio is that if it doesn’t we’re definitely looking at more layoffs."
IGN's full report on the state of Bungie and its staff can be read here.
PS5's November 2023 was Sony's biggest November for PlayStation sales to date, Sony Interactive Entertainment's Head of Global Business has said.
There will be a lengthy gap of X-Men games on Sony’s rival platforms. I’m sure you’re all familiar with the recent ransomware attack. Well, it looks like Sony didn’t pay up, and the group has since moved on to deliver a series of leaked documents from Insomniac Games. The developer behind Marvel’s Spider-Man and upcoming Marvel’s Wolverine has been finding their upcoming projects’ roadmaps, leaked plot details, and more. Among the recent set of leaked documents, a signed deal between Marvel and Sony shows that X-Men has become an exclusive IP for Sony.
By Wes Davis, a weekend editor who covers the latest in tech and entertainment. He has written news, reviews, and more as a tech journalist since 2020.
PlayStation maker Sony is set to take full control of Destiny maker Bungie if the developer misses its financial targets.
Destiny 2 developer Bungie are staring down the barrel of a full Sony takeover if forthcoming expansion The Final Shape doesn’t meet sales expectations, according to several anonymous current and former employees. The same sources also claim that the studio are prepared to cut staff again to meet their financial obligations as a Sony subsidiary, having laid off a significant proportion of their workforce in November.
Around a month on from a major round of layoffs, Bungie developers have opened up to IGN about low morale within the studio, and the risks that Sony could take away the autonomy of what is currently an independent subsidiary of Sony if they cannot meet financial targets.
When PlayStation’s acquisition of Bungie was finalized last year, it happened under special circumstances for the latter in particular. Bungie has remained fully autonomous and continues to function as an independent subsidiary under Sony’s ownership, though it seems the studio might be under threat of losing that special status, as per a report published by IGN.
In October, it was reported that Bungie had joined the ever-growing list of studios that have been hit with layoffs in 2023, with around 100 jobs being affected at the Destiny developer. As per a report published by IGN, it seems things have only gotten worse at the studio since then. Owing to the possibility of Sony dissolving Bungie’s board and taking full control of the company, the developer has been making significant cutbacks in various other areas, while the relationship between leadership and employees continues to grow more adversarial, the report claims.
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A new report from IGN says the situation at Bungie following layoffs and reports of sinking Destiny 2 player numbers and revenues is even more dire than is widely known. Morale at the studio has reportedly plummeted amidst what is described by IGN's sources as management indifference, and the report says Bungie could even be subject to a full Sony takeover if the upcoming Destiny 2 expansion The Final Shape fails to meet expectations.
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