Sony Records Losses on Bungie Acquisition

[madmax]

Sony’s $3.6B acquisition of Bungie hasn’t hit expectations. In Q2 FY2025, the company recorded 31.5 billion yen (~$204M) in impairment losses tied to Destiny 2 assets.
CFO Lin Tao cited changing market conditions and lower-than-expected sales and user engagement. Sony plans to continue improving the game but has downgraded its short-term business projections.

[Abdul Khan]

Tough outcome — Bungie clearly hasn’t delivered the return Sony expected.

[Nahid Hossen]

This could push Sony to take a more hands-on approach with the studio.