Destiny 2 has not reached expectations following Sony’s $3.6bn acquisition of Bungie.
Destiny 2 has not reached expectations following Sony’s $3.6bn acquisition of Bungie.
In today’s earnings report, Sony has recorded a loss in profit in its games segment due to “impairment losses against a portion of Bungie, Inc.’s intangible and other assets in connection with Destiny 2.”
Expanding on this during a Q&A, Sony CFO Lin Tao stated: “Regarding Destiny 2, partially due to the changes in the competitive environment, the level of sales and user engagement have not reached the expectations we had at the time of the acquisition of Bungie.
