Derblington
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Post by Derblington on Feb 1, 2022 9:13:23 GMT
This isn't any kind of hot take. They didn't want to be stuck working on someone else's game, they wanted to own their work and publish what they wanted. They've achieved both of these things, and are seemingly continuing to do so under Sony, weirdly. It means they've suddenly got the money to staff up and dev content they want to without cutting corners (they had multiple studios building content for them under Activision so downsized significantly when they got out from under them). Seems to be a big win for Bungie and will only help them make better stuff going forward.
Sony, seemingly, are doing it to foster knowledge within their studios to build more connected experiences, whatever that's going to look like in the future, and get to keep the money coming in from D2, and then D3, and whatever else, and help them start getting services multiplatform. MS keep talking about console sales not being the future, and Sony are apparently taking notice. It won't hurt that some of the best gunplay and combat loop makers in the industry can help any other action game studios there too. And I'd guess that D2 and all content will hit PSNow and whatever the new service is.
I'd fully expect Bungie to size up and then build something for Sony exclusively too, similar to the SFV deal, which will allow them to not break the wording of the recent announcement that Bungie can still put what they like wherever they like, but still do something to benefit the big white slab.
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Post by baihu1983 on Feb 1, 2022 9:33:29 GMT
Cry harder. Destiny was a massive let down. Sony have over paid for them. See saying stuff like this isn't "winning" like you think it is. It just shows everyone you have the mentality of a child. I don't think it's "winning". If you take a tweet like that on a gaming forum seriously that's on you not me. I've said it already, this was a bad deal for Sony and a simple panic buy. If they had bought them coming off the Halo series? Wouldn't have raised any eyebrows but coming off D1 and 2? It's also shown Bungies mentality since leaving MS. They say one thing then do the other.
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Deleted
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Post by Deleted on Feb 1, 2022 9:37:11 GMT
I think your misreading my point, I don't care about Bungie or Activision. I'm pointing out how cringe worthy your posts are whenever anything like this happens.
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Solid-SCB-
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Post by Solid-SCB- on Feb 1, 2022 9:39:12 GMT
I still don't understand how buying Bungie is seemingly akin someone buying a mothballed office block. They are in a really good place with Destiny regardless of your individual thoughts on the game.
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Deleted
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Post by Deleted on Feb 1, 2022 9:40:52 GMT
See saying stuff like this isn't "winning" like you think it is. It just shows everyone you have the mentality of a child. I don't think it's "winning". If you take a tweet like that on a gaming forum seriously that's on you not me. I've said it already, this was a bad deal for Sony and a simple panic buy. If they had bought them coming off the Halo series? Wouldn't have raised any eyebrows but coming off D1 and 2? It's also shown Bungies mentality since leaving MS. They say one thing then do the other. Panic buy? A deal like this will be months, maybe over a year in the making.
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Solid-SCB-
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Post by Solid-SCB- on Feb 1, 2022 9:42:56 GMT
and yeah, the writing has quite obviously been on the wall for a while looking back. There were rumours MS were going to buy them, then Destiny suddenly disappeared off Game Pass and the rumoured Halo collaboration event turned out to be an unofficial one.
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スコットランド
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Post by スコットランド on Feb 1, 2022 9:45:35 GMT
Cry harder. Destiny was a massive let down. Sony have over paid for them. Destiny is the 2nd highest grossing FPS ever behind Call of Duty and the first game brought in 500M in the first week . Which price would not be overpaying?
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Post by snackplissken on Feb 1, 2022 9:47:29 GMT
I hope they get Peter Dinklage back.
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dogbot
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Post by dogbot on Feb 1, 2022 9:49:30 GMT
A quick Google suggests that Destiny and Destiny 2 have made something in the region of $2-3 million dollars a month of ongoing incoming (that's outside of sales). Over their lifetime, that's a pretty good chunk of cash and the way gaming looks to be going, only going to get more profitable.
Not sure how anyone could look at that and think the game is a let down or Sony are overpaying.
Also, I can see why the timing of the announcement makes it look like a tit-for-tat purchase, but as others have said, a corporate buyout of that value will have taken a LONG time to put together. The due diligence alone will have taken months. This announcement will be result of a lot of work, not a snap thing.
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スコットランド
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Post by スコットランド on Feb 1, 2022 9:53:34 GMT
Quite funny that someone could imagine that Sony reacted to the Activision thing by managing a 3.6 billion dollar acquisition of a major developers in less than 2 weeks.
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Post by baihu1983 on Feb 1, 2022 10:08:33 GMT
Did I say that the deal was done in 2 weeks? No MS are buying left and right meaning Sony had to do something quickly. If MS hadn't purchased studios then Sony wouldn't own Bungie right now.
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Post by Jambowayoh on Feb 1, 2022 10:14:47 GMT
Eh? A purchase that big takes months to sort out before announcement, Sony have also been purchasing studios, what are you babbling on about?
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Bongo Heracles
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Post by Bongo Heracles on Feb 1, 2022 10:17:34 GMT
To give baihu a minuscule amount of credit, this can obviously be a reaction to the recent purchase. Sony won’t have found out about this from the front page of eurogamer, they will have known about it the second talks started.
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Post by Jambowayoh on Feb 1, 2022 10:19:22 GMT
To give baihu a minuscule amount of credit, this can obviously be a reaction to the recent purchase. Sony won’t have found out about this from the front page of eurogamer, they will have known about it the second talks started. I don't know about that, EG has a pretty big reach.
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dogbot
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Post by dogbot on Feb 1, 2022 10:22:06 GMT
Sony had to do something quickly Make an announcement, sure. Make the purchase? No way.
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Derblington
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Post by Derblington on Feb 1, 2022 10:33:15 GMT
I love the notion that Sony are hearing about MS wanting to buy Acti for $70b and thinking "well shit, now we need to buy something so we don't look weak. Who's available? Find us something!"
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Post by Lurker on Feb 1, 2022 10:42:03 GMT
I love the notion that Sony are hearing about MS wanting to buy Acti for $70b and thinking "well shit, now we need to buy something so we don't look weak. Who's available? Find us something!" Jim Ryan flicking through his phone, shit shit shit, gotta do something. Ah these guys will do. "Hello is that Bungie? Fancy selling to us for £3.8 Bill? No more, no less." "Yeah, go on then mate". "Sorted, byeeeeeeee".
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Bongo Heracles
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Post by Bongo Heracles on Feb 1, 2022 10:45:51 GMT
I love the notion that Sony are hearing about MS wanting to buy Acti for $70b and thinking "well shit, now we need to buy something so we don't look weak. Who's available? Find us something!" I mean, that does obviously happen all the time in business. Its how RBS shat the bed after an acquisitions arms race in the finance sector. I can’t see why Sony would be immune to it, especially consider the shit they have bought with their movie arm. It’s like some people have never seen Working Girl.
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スコットランド
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Post by スコットランド on Feb 1, 2022 10:53:10 GMT
I obviously know hee-haw about mergers and acquisitions but the destiny games seem to have brought in easily 1 or 2 billion (the 500M from the first week of D1 + sales plus monthly income etc) so the price doesn't seem mental to me.
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Psiloc
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Post by Psiloc on Feb 1, 2022 11:11:25 GMT
About the only positive thing I can say is that at least Sony have said plain as day that Bungie will remain an independent multi-plat studio, rather than the corporate double speak of MS and Phil Spencer that seems to be fooling the Twitter morons. It genuinely seems like a developer acquisition rather than a "take this money and keep your IP off the other console" sort of thing, I don't see how this even has the scope to make any existing licenses exclusive.
It might prove to be something they row back on though and they'll wish they said something more like MS did. Or alternatively no-one will care or remember
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mcmonkeyplc
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Post by mcmonkeyplc on Feb 1, 2022 11:14:03 GMT
Why do you people care if it's value? If they bring the games and the quality who gives a fuck.
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Post by baihu1983 on Feb 1, 2022 11:14:39 GMT
Eh? A purchase that big takes months to sort out before announcement, Sony have also been purchasing studios, what are you babbling on about? Yes and the MS/Activision deal has probably been going on longer. The didn't just see the negative press the current owners are getting and say nows our chance. Sony would be well aware something was happening especially as Activision wouldn't have been allowed to set up any new deals with them during this time. Just like MS wouldn't have been out of the loop on Sony/Bungie Although as someone on twitter said. No company is really overpriced if the buying company sees the value in them.
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スコットランド
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Post by スコットランド on Feb 1, 2022 11:16:57 GMT
baihu1983, why do you think Sony "overpaid"?
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Post by baihu1983 on Feb 1, 2022 11:28:53 GMT
baihu1983, why do you think Sony "overpaid"? Based on destiny which failed to meet its expectations. But that was before someone posted its making around 3m+ a month since going F2P? If it was coming right off the Halo hype I would have seen that as a smart buy right away.
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Post by alcachofa on Feb 1, 2022 12:08:21 GMT
To give baihu a minuscule amount of credit, this can obviously be a reaction to the recent purchase. Sony won’t have found out about this from the front page of eurogamer, they will have known about it the second talks started. Deals of course are already in the making for a long time. Still, it all seems very opportunistic timing wise. (And both concerning and slightly depressing imo...) How the Activision deal got done (from NY Times 19/1/2022) Microsoft’s $68.7 billion deal to buy Activision Blizzard is a blockbuster bid to transform the tech giant’s present and its future. If completed, it would be Microsoft’s largest-ever deal and the biggest all-cash acquisition in history. For such a momentous deal, it came together relatively quickly, we can report. Microsoft seized on Activision’s troubles. Last summer, Activision was dogged by accusations that senior executives ignored sexual harassment and discrimination in its workplace, a controversy that eventually engulfed its C.E.O., Bobby Kotick. The company faced pressure from all corners — including from Microsoft, which said its gaming division was reviewing its ties to Activision. But the tech giant kept in regular contact with Kotick. In December, with Activision’s stock down sharply, Microsoft reached out to Kotick with a takeover bid. Kotick dismissed the offer, but — eager to steer his beleaguered company to a safe home — told the software giant to come back with a better offer. Microsoft did, beginning a weekslong sprint to hammer out an agreement. As part of its due diligence, Microsoft looked into the workplace accusations and determined that they were largely in the past, and that the controversy was manageable. That said, Kotick is expected to step down as Activision’s chief once the deal closes. It’s a big bet on gaming and the internet. Almost immediately, adding Activision and its nearly 400 million monthly users would bolster Microsoft’s position in the lucrative video game business as it competes against Sony and rising powers like Amazon and Apple. Some gamers, who were unhappy with Activision in recent years, said the deal could reverse a decline in the quality of the takeover target’s games. But longer term, Activision is meant to help Microsoft compete in the so-called metaverse, a union of online and virtual reality that companies have staked their futures on. (Facebook’s parent company renamed itself Meta, after all.) Right now, the metaverse is mostly a buzzword, but Microsoft hopes that Activision’s technical know-how and popularity will give it a leg up. It’s also a bet on avoiding antitrust scrutiny in Washington. Microsoft has largely escaped the recent rush to clamp down on tech giants like Amazon, Alphabet and Meta — until now. The company argues that, even after buying Activision, it would still be far smaller in video games than Sony or Tencent. And in a sign of its confidence in the deal, Microsoft will pay Activision up to $3 billion in breakup fees if regulators block the transaction. Microsoft expects the deal to take up to 18 months to close.
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スコットランド
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Post by スコットランド on Feb 1, 2022 12:33:25 GMT
baihu1983, why do you think Sony "overpaid"? Based on destiny which failed to meet its expectations. But that was before someone posted its making around 3m+ a month since going F2P? If it was coming right off the Halo hype I would have seen that as a smart buy right away. Destiny 2 didn't meet Activision's financial expectations, without knowing what those expectations were, how can you judge what a fair price would be?
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MolarAm🔵
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Post by MolarAm🔵 on Feb 1, 2022 12:36:51 GMT
Cry harder. Destiny was a massive let down. Sony have over paid for them. See saying stuff like this isn't "winning" like you think it is. It just shows everyone you have the mentality of a child. I don't even really disagree with this, but... you're a mod, right? Isn't the point to... moderate discussions, rather than getting involved and insulting people?
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Deleted
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Post by Deleted on Feb 1, 2022 12:42:31 GMT
Sorry where do you think this is?
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Post by Aunt Alison on Feb 1, 2022 12:45:42 GMT
Decks is Bad Cop
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Deleted
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Post by Deleted on Feb 1, 2022 12:51:28 GMT
Neilka is still working on the sacred modding oath he wants us all to take, but in the meantime I'm going to ban the occasionally racist that pops up and go about my business as usual if that's ok with you mola.
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