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PlayStation Studios completes acquisition of Bungie

After an announcement of a $3.6 billion USD deal back in January 2022, PlayStation has officially acquired Bungie.


One of the bigger acquisitions of video game developers this year has gone through and is now finalized. PlayStation announced it would be acquiring Bungie earlier this year and, after settling various financial matters and regulatory oversight, it seems the acquisition has gone through successfully. The Destiny developer is now officially a part of PlayStation Studios.

Bungie announced PlayStation Studios' official acquisition of the company in a tweet and press release on July 15, 2022. The initial deal was announced back in January 2022, with PlayStation Studios set to acquire Bungie to the tune of $3.6 billion USD. It was a major move and followed shortly after Xbox announced it would be moving to acquire Activision Blizzard - a deal which is still being combed over by authorities in both the United States and Europe. While PlayStation claims this deal was in the works well before the Microsoft/Activision Blizzard deal was announced, it still evens up the playing field with PlayStation Studios now having the ever-popular Destiny 2 under its umbrella.

Bungie shares enthusiasm for acquisition by PlayStation Studios on its Twitter.
Bungie shares enthusiasm to have been acquired by PlayStation in a recent tweet on its main Twitter account.
Source: Twitter

Bungie has quite a few irons in the fire as it joins PlayStation Studios. Destiny 2’s The Witch Queen expansion and the Seasons that have come with it are still firing on all cylinders. Meanwhile, the developer appears to be diversifying as well. There have been reports that a mobile game set in the Destiny universe that is not a Destiny 2 port is in the works. Bungie is reportedly working with NetEase on this project, which just helped Activision Blizzard launch Diablo Immortal.

Even so, Bungie may be slightly at odds with PlayStation coming in. With the overturning of Roe v. Wade, PlayStation’s Jim Ryan has taken a firm stance to keep PlayStation Studios out of opining on the matter - a stance that Bungie has very clearly stated it refuses to follow.

Nonetheless, Bungie and Destiny are now in PlayStation’s clutches. It will be interesting to see what comes next for the two with the merger completed.

Senior News Editor

TJ Denzer is a player and writer with a passion for games that has dominated a lifetime. He found his way to the Shacknews roster in late 2019 and has worked his way to Senior News Editor since. Between news coverage, he also aides notably in livestream projects like the indie game-focused Indie-licious, the Shacknews Stimulus Games, and the Shacknews Dump. You can reach him at and also find him on Twitter @JohnnyChugs.

From The Chatty
  • reply
    July 15, 2022 11:10 AM

    TJ Denzer posted a new article, PlayStation Studios completes acquisition of Bungie

    • reply
      July 15, 2022 10:16 AM

      Sony closed Bungie's purchase

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        July 15, 2022 10:20 AM

        I’d love to see them make single player games again.

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          July 15, 2022 10:21 AM

          Not going to happen. This is Sony's answer to Microsoft gobbling up Call of Duty.

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            July 15, 2022 10:26 AM

            But it is Sony, not MS or Activision. I doubt they take this in the obvious direction.

            That doesn't mean where it goes is going to be successful, of course.

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              July 15, 2022 10:36 AM

              They said they wanted Bungie so they could convert stuff into games-as-a-service, so expect even fewer SP titles.

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                July 15, 2022 10:48 AM

                "Games as a service" is the fastest way to make sure I don't ever pay attention to your game, so I hope it's more than that.

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                July 15, 2022 11:09 AM

                You’re a little wrong about that. They’re building a bunch of live service games from the ground up, not “converting” projects that were initially planned to be single player.

                Big difference in that for potential game quality, but so far, we haven’t seen anything yet, except for Druckman vaguely describing a Last of Us universe where you are part of an ongoing story in a large open world.

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              July 15, 2022 10:48 AM

              Considering Sony are converting most of their single player studios into game for service studios I really wouldn't expect them to allow Bungie to make anything single player going forward.

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            July 15, 2022 10:54 AM

            Sony has stated that Bungie’s knowledge/tech base will be shared among other internal studios working on live service games (they have some large number in the double digits in the works on these for launch between this year and 2025.)

            Meanwhile, Bungie has a new project they have been on for a couple of years that we don’t know much of anything about.

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          July 15, 2022 10:45 AM

          Keeping in mind that Bungie has captured how to do a living game right with D2, they have also figured a good balance of "single player" (true solo or automatic matchmaking) content within that game. Obviously having a clan to enjoy more difficult content in non-matchmaked content makes the game more fun, but you can still do a lot as a single player.

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          July 15, 2022 10:48 AM

          Open world fps to rival halo and starfirld

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        July 15, 2022 10:35 AM

        I still think Microsoft should purchase Piranha games and bring MechWarrior back into the fold proper.

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          July 15, 2022 10:43 AM

          Fuck no, Piranha games destroyed Mechwarrior. Heavy microtransactions on MWO and MW5 is just barebones that they need mods to actually make it more fun. If anything they should have bought HBS before paradox did...

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          July 15, 2022 10:44 AM

          Also Piranha only licenses MW from Microsoft, they don't own the IP.

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        July 15, 2022 10:40 AM

        I don't like Bungie for removing Destiny content I purchased, and for their hostile response to steamdeck compatability

        Destiny 2 is great, but I definitly don't like Bungie anymore.

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          July 15, 2022 10:47 AM

          Steam Deck compat is limited by the Battleye stuff (which is absolutely needed for any PVP activity from becoming a cheatfest), so the pressure should be on Battleye to get its linux act together.

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            July 15, 2022 10:49 AM

            I guess, but I mean their initial response to ban anyone who attempts to run it from steamos / proton felt hostile, and I don't think they've mentioned a willingness to invest any resources in helping to make it work right?

            Also aren't there already many games that use Battle eye that work fine on deck?

            "Steam Deck Anti-Cheat: List Of All Supported & Unsupported Games [Updated]"

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              July 15, 2022 11:05 AM

              Look how all the Souls games are down online STILL. If you have a high profile game targeted by cheaters, it can get completely out of control if left unchecked. I never faulted Bungie for being draconian about modding, especially since it probably prevented a meta game real life economy from developing, for which I’m thankful.

              I do agree that the shifting content seasons make it a disaster for trying to get back into playing. Very hard to know what’s current and playable or not. With that many updates, just going back to the monthly fee like an MMO wouldn’t have broken my brain quite so much, but it’s very obvious why they did it this other way, financially.

              I hope whatever they come up with next has a new, better system.

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                July 15, 2022 11:26 AM

                Totally agree on the content seasons.

                I bought Destiny 2 at launch, beat all the content, then came back like 2 years later and was completely lost even with some guides, spending a few hours tryibg to figure out what I had access to / could do, was not fun at all, especially after realizing all the original content I paid for had been deleted which is all I really wanted to play again

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        July 15, 2022 10:44 AM

        I forgot all about that. Sad that I don't really care about what Bungie does these days.

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