Sony Says Bungie Hasn’t Brought in as Much Money as It Thought It Would When It Bought the Developer, as Destiny 2 Falls Off a Cliff

Sony's acquisition of Bungie has faced significant challenges, with Destiny 2's underperformance leading to a $204.2 million impairment charge. Sony's CFO noted that sales and user engagement fell short of expectations, prompting a downward revision of business projections. Bungie's internal issues, including layoffs and leadership changes, compounded the problems, with former CEO Pete Parsons leaving after 23 years. The studio's future is uncertain, with the delayed Marathon game now set for a 2026 release, and concerns about Bungie's financial stability persist.