Bungie CEO Seemingly Spent Over $2.3 Million On Classic Cars After Sony Acquisition
How much did Sony pay to acquire Bungie?
Sony acquired Bungie, the developer behind Destiny and Halo games, for $3.6 billion in 2022. The deal aimed to add Bungie's expertise in multi-platform development and live game services to Sony's portfolio, as part of their strategy to expand PlayStation to hundreds of millions of gamers.
Why did Sony purchase Bungie in 2022?
Sony purchased Bungie in 2022 for $3.6 billion to acquire the studio's expertise in live game services and technology, as well as to access their successful franchises like Destiny and Halo. This acquisition aimed to help Sony reach billions of players and expand their PlayStation Studios' development budget towards live service games.
What was Pete Parsons' role at Bungie?
Pete Parsons was the CEO of Bungie, the video game studio behind Halo and Destiny 2. He has faced criticism for the company's struggles around the evolution of Destiny 2 and leadership decisions that led to mass layoffs at the studio.