Bungie could reportedly lose its independent publisher status to a total Sony takeover if the studio fails to meet its financial targets next year. The report states that Bungie is in a very tough position with its upcoming expansion for Destiny 2, titled The Final Shape, which is scheduled to launch next year. If it doesn’t meet financial goals, there’s apparently a possibility that Sony could step in and take complete control over the company.
When Sony acquired Bungie, it said that the studio would “continue to operate independently, maintaining the ability to self-publish and reach players wherever they choose to play.” According to a new IGN report, the company’s board currently consists of PlayStation Studios head Hermen Hulst, Bungie co-founder Jason Jones, Bungie CTO Luis Villegas, Sony senior VP Eric Lempel and CEO Pete Parsons, who will serve as a tiebreaker vote.
As mentioned in the report, if Bungie doesn’t meet its financial goals in the coming months – likely referring to the success or failure of Destiny 2: The Final Shape – Sony could choose to dissolve the current board structure and assume complete control over Bungie. This means that Bungie will no longer operate as an independent publisher as future titles from the company will be published directly under PlayStation.
Bungie was hit with a nasty round of layoffs in October including losing its well-liked community manager, Liana Ruppert. Bungie responded to the fan backlash acknowledging that it lost players’ trust and now aims to win back that trust. However, things aren’t exactly looking up for Destiny 2 at the moment. The game’s player count hit an all-time low last month – this isn’t helped by the fact that The Final Shape was also delayed to June 2024.
It sounds like a lot is riding on the success of The Final Shape so we’ll have to wait and see what happens.