Bungie

Bungie has reassured the Destiny community that its commitment to the franchise remains steadfast, even as the studio undergoes significant changes. Following the recent layoffs that saw 220 employees let go, Bungie emphasized that Destiny is set to embark on another “multi-year journey,...

Sony Group Corp.'s (NYSE: SONY) Bungie, the developer behind Destiny 2, has joined the growing list of video game studios facing layoffs in 2023. The extent of the layoffs remains unspecified, and employees were informed of the downsizing on Oct. 30, IGN reported. Bungie CEO Pete Parsons wrote...

A new month is here and with it comes events and news items that can drive the direction of stocks and certain sectors. Here’s a look at some ETFs that should be on investors’ radars for the month of February. Roundhill BITKRAFT Esports & Digital Entertainment ETF (NYSE: NERD...

Sony Group Corp (NYSE: SONY) subsidiary Sony Interactive Entertainment on Monday announced plans to acquire independent video game developer Bungie for $3.6 billion. What To Know: Sony aims to gain access to Bungie’s approach to live game services and...

Activision Blizzard, Inc. (NASDAQ: ATVI) announced Wednesday that "Destiny" set a new record after having the "most successful new video game franchise launch" of all time. The publisher -- which is famous for the "Call of Duty" franchise -- secured the "...

Activision (NASDAQ: ATVI) plans to spend $500 million on its newest franchise, Destiny. This budget includes any and all aspects of the game, from development and distribution to packaging and global promotions. When Activision announced its budget, no one knew how much of it would be spent on...

Is Bungie, the creator of the Halo franchise, on par with Pixar? The two companies may not appear to be related, but they are similar in a handful of ways. Both studios have produced a billion-dollar franchise (Pixar's Toy Story and Bungie's Halo). Both studios were once owned by massive...

Activision (NASDAQ: ATVI) could set a new industry record by teaming up with Bungie, the creator of the Halo franchise. Bungie is one of the most respected developers within the video game industry. The company was once owned by Microsoft, which used the Halo franchise to launch and promote the...

Activision (NASDAQ: ATVI) is planning to spend a colossal amount of money on just one video game. According to Reuters, the company -- which is famous for producing the Call of Duty franchise -- could spend as much as $500 million on Destiny. Set for release on September 9, 2014, Destiny is...