PlayStation to acquire Bungie for $3.6 billion

January 31, 2022

On the 18th of January, we did a pretty odd thing and covered non-Nintendo news. Now, of course, it was the pretty earth-shattering announcement that Microsoft Xbox would be acquiring Activision Blizzard for $68.7 billion! And while our main focus will always be Nintendo, we do think our readers to appreciate it when we at least mention the really big stuff around other platforms. And believe it or not (not even two full weeks later) and we’re at it again… In case you missed it, earlier today news broke that PlayStation would be acquiring Destiny 2 developer Bungie for $3.6 billion. Check out the press release by clicking the link below.

It’s obviously a much smaller amount than the Activision Blizzard deal. However, it is interesting for a variety of reasons including the fact that Bungie was originally an Xbox Studio (and the creators of Halo). Also, of note is that PlayStation has gone out of its way to mention that Bungie will continue to function as an “independent, multi-platform studio and publisher” and that Bungie’s “multi-platform development and live game services” expertise will be crucial going forward.

PlayStation and Xbox – Consolidation Caution

While all this sounds great and Bungie may very well boost PlayStation’s offering in those areas, much like Xbox’s acquisitions, I wonder how future titles (i.e any games that are not already tied up in contracts and commitments) will remain ‘multiplatform’. And one thing is for sure, this is further proof the Xbox and PlayStation are apparently pursuing a pretty aggressive ‘buy every studio’ strategy and while the news no doubt brings excitement it also leaves us worried about the future of video games studios; Consolidation usually doesn’t create an atmosphere of creativity and experimentation. However, only time will tell.

Now, if you’re itching for some Nintendo-specific news be sure to check out this week’s episode of 1-Up 1-Down.

January 31, 2022

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