Bungie Deal With Playstation Officially Completed Says Sony
Sony first unveiled its plans to acquire Bungie for $3.6 billion on January 31st. We learned immediately that the studio would be a so-called independent subsidiary, and its games would remain multiplatform. Reactions to the news were wildly different at the time; Wedbush Securities’ analyst Michael Pachter, for example, said without qualms that Sony had vastly overpaid for Bungie. Bungie went for $4 million per developer. And most deals are between $250,000 and a million....