FIREPOWER 919 Posted February 2, 2022 Share Posted February 2, 2022 @ the lemshits in this thread still thinking Gaylo is relevant. That shit died instantly on Steam. Destiny 2 is way more relevant than Halo Infinite and has way more players. It’s crazy how quick Halo died though. I thought it would be dead in months but that shit didn’t even last a month before it fell off lol. 1 Link to post Share on other sites
Voidler 1,681 Posted February 2, 2022 Share Posted February 2, 2022 Halo was great with Bungie. Now it is trash Bungies next new IP in 2025 will be the modern juggernaut of the FPS genre. And will be Xcluded Welcome home, Bungie. 1 Link to post Share on other sites
Playstation Tablet 1,852 Posted February 2, 2022 Share Posted February 2, 2022 Sony fucked up by not buying Ready at Dawn. Sure the Order was a flop but their latest VR games are apparently great. Link to post Share on other sites
jehurey 3,318 Posted February 3, 2022 Share Posted February 3, 2022 Turns out that the actual cost of the company, and its private ownership, it $2.4 Billion The remaining $1.2B is setup as an employee incentive program to keep existing employees. Quote Sony is offering Bungie employees a $1.2 billion incentive program in an effort to keep them at the company following the buyout. In its recent Q3'21 earnings report, Sony confirmed it plans to spend a sizable portion of its Bungie buyout offer on retention. Sony says it is prepared to pay 1/3rd of its $3.6 billion buyout proposal, or roughly $1.2 billion, on a long-term incentive plan that will reward Bungie employees who stay with the company. Sony will pay the remainder $2.4 billion for a direct buyout of Bungie's private shares. The bonus is aimed at keeping Bungie's current staff intact after the acquisition. Deferred payments are planned across multiple years following the buyout closure. The company is prepared to pay about $792 million in deferred incentive payments in the first two years after the deal ends. I figured there had to be some sort of revenue-sharing agreement, because if Sony isn't getting incoming revenues from the money that Destiny is making, then why didn't Bungie leadership simply spin-out Destiny into a separate company to keep for themselves? 1 Link to post Share on other sites
Long Ball Larry 1,359 Posted February 3, 2022 Share Posted February 3, 2022 15 minutes ago, jehurey said: Turns out that the actual cost of the company, and its private ownership, it $2.4 Billion The remaining $1.2B is setup as an employee incentive program to keep existing employees. I figured there had to be some sort of revenue-sharing agreement, because if Sony isn't getting incoming revenues from the money that Destiny is making, then why didn't Bungie leadership simply spin-out Destiny into a separate company to keep for themselves? 1.2 billion for 900 employees, assuming they even want to keep everyone? That’s over a million… per employee. Link to post Share on other sites
Remij 5,014 Posted February 3, 2022 Author Share Posted February 3, 2022 Doesn't matter how much incentive Sony gives them... when Facebook and Amazon and Google and Apple open their wallets to recruit programmers and tech artists to help develop the Metaverse... they're going to jump ship. This is true for both Sony and MS. Those big tech companies are going to go to war to steal each other's top developer talents. It's going to be insane how valuable some of these developers will be to these companies. Link to post Share on other sites
jehurey 3,318 Posted February 3, 2022 Share Posted February 3, 2022 50 minutes ago, ghostz said: 1.2 billion for 900 employees, assuming they even want to keep everyone? That’s over a million… per employee. They need incentive to help reboot and create the eventual Destiny 3, but if all the revenue is mostly going to Sony and probably Bungie executives who still probably hold some percentage ownership in Destiny, then the employees have to get a piece of that as well. Yeah, probably over the next 4 to 10 years of continuing Destiny and helping launch other GaaS projects, its no surprise that it would be over a million dollars for those types of game developers and designers. Link to post Share on other sites
Playstation Tablet 1,852 Posted February 4, 2022 Share Posted February 4, 2022 EUROGAMER: Sony set to help Bungie expand franchises into TV and films 1 Link to post Share on other sites
Long Ball Larry 1,359 Posted August 28 Share Posted August 28 Worst deal in gaming history 1 Link to post Share on other sites
JonDnD 3,001 Posted August 28 Share Posted August 28 On 2022-02-02 at 5:29 AM, Voidler said: Halo was great with Bungie. Now it is trash Bungies next new IP in 2025 will be the modern juggernaut of the FPS genre. And will be Xcluded Welcome home, Bungie. 1 Link to post Share on other sites
Long Ball Larry 1,359 Posted August 28 Share Posted August 28 On 2022-02-02 at 5:29 AM, Voidler said: Halo was great with Bungie. Now it is trash Bungies next new IP in 2025 will be the modern juggernaut of the FPS genre. And will be Xcluded Welcome home, Bungie. Link to post Share on other sites
Remij 5,014 Posted August 29 Author Share Posted August 29 Yeah, it's unfortunate for Sony, but correct me if I'm wrong but Sony hasn't really been controlling the company until just now.. right? So basically these issues Bungie are facing now were of their own doing and Sony basically has to clean up the mess and salvage what they can. I wonder if Marathon will get cancelled and Sony will try to push them more into their other studios? Link to post Share on other sites
jehurey 3,318 Posted August 29 Share Posted August 29 LOL imagine if a Bungie released game ends up scoring higher than the past few years of MS developed games. This'll be a fun thread to bump again. 1 Link to post Share on other sites
FIREPOWER 919 Posted August 29 Share Posted August 29 2 minutes ago, Remij said: Yeah, it's unfortunate for Sony, but correct me if I'm wrong but Sony hasn't really been controlling the company until just now.. right? So basically these issues Bungie are facing now were of their own doing and Sony basically has to clean up the mess and salvage what they can. I wonder if Marathon will get cancelled and Sony will try to push them more into their other studios? Yep, Sony only started controlling them now. They had full autonomy nder the deal they had with Sony before. The whole management fucked up so bad that Sony annulled the previous deal they had before, fired the top brass and have only just recently taken control of the studio. Maybe they can turn the ship around even though I doubt it. Link to post Share on other sites
Long Ball Larry 1,359 Posted August 29 Share Posted August 29 11 minutes ago, jehurey said: LOL imagine if a Bungie released game ends up scoring higher than the past few years of MS developed games. This'll be a fun thread to bump again. Why? It’ll be on Xbox too. Link to post Share on other sites
lynux3 2,437 Posted August 29 Share Posted August 29 I love Destiny, but it’s obvious Bungie was in a downward spiral. Hope Sony can turn the ship around from Bungie being molded from old Microsoft ownership. Link to post Share on other sites
MalaXmaS 704 Posted August 29 Share Posted August 29 Truly pitiful how Sony managed to kill Bungie It perfectly represents that classic story of the farmer having that hen that used to put the golden eggs and killing it to find out more gold. Pure greed and incompetence. Link to post Share on other sites
madmaltese★ 2,801 Posted August 29 Share Posted August 29 Like Remij says all this has meant is that now Sony gets full control of Bungie because prior they were allowed to work independently as they were unless certain factors were not met. Let's see if Sony can save them Link to post Share on other sites
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