Pixels in Orbit

Tag

acquisition

1 story tagged acquisition

Sony Just Took a $765 Million Impairment Loss on Bungie
news5 months ago

Sony Just Took a $765 Million Impairment Loss on Bungie

Sony's FY2025 results add another $565 million Bungie writedown on top of October's $200 million one, totaling $765 million in impairments — more than 20% of the original $3.6B acquisition price. Sony cited Marathon's failed March launch (currently 6,000-15,000 concurrent on Steam) and Destiny 2's continued engagement decline.