Bungie Underperformance Costs Sony Hundreds of Millions of Dollars
Sony has reported a $765 million impairment loss due to underperformance of Marathon developer Bungie during its last financial year. The PlayStation owner bought Bungie, the original creator of Halo, in early 2022 in a deal valued at $3.6 billion. However, the studio has struggled financially since then, with Destiny 2 failing to do the … Read more