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02/02/2022 7:53 pm
The recent acquisition of Bungie by Sony has given much to talk about, and of course, this will also have repercussions within the industry in the long term. At the moment, a well-known analyst believes that the Japanese firm paid too much for Bungieand even considers that it was a kind of “panic buying”.
Michael Pachter, atanalyst of Webbush Securitiessay what Sony only bought Bungie to reiterate to the community that they too can buy studios:
“I think Sony said, ‘We can too, we’re not going to be left behind. So we will buy Bungie.’
Just for comparison, EA bought Respawn for $700 million three or four years ago, and back then they had 400 developers. They generated $700 million in revenue per year. Bungie makes close to $200 million, so I think Sony paid too much.”
Of course, Pachter You’re just looking at all of this from a financial point of view, without considering what the plans might be. Sony long-term.
“I think this is Sony’s way of showing that Microsoft is not ahead of them, and they bought whatever it was out of desperation. Actually this whole deal doesn’t make any sense to me.”
It was definitely an unusual deal, and it will probably be a few years before we understand why. Sony He did what he did, but the idea that this was a “panic buy” certainly sounds pretty far fetched.
Publisher’s note: I think Sony will look to Bungie to help them create more of these games as a service that have become very popular in recent years. The Japanese giant will surely want to expand its catalog of games, but it is still too early to make these types of predictions.
Via: yahoo