In a Q&A session with analysts following Sony's most recent financial report, PlayStation chairman Hiroki Totoki praised the creativity of Destiny 2 studio Bungie, but also said he wants to see more «accountability» for development budgets and schedules from the studio's leadership.
Sony announced the acquisition of Bungie in January 2022, a blockbuster deal seen in some ways as a counterpunch to Microsoft's takeover of Activision Blizzard, and an opportunity to add more live service game knowhow to the roster of PlayStation studios. It said at the time that Bungie would operate as «an independent subsidiary,» with the freedom to remain multiplatform and «self-publish and reach players wherever they choose to play.» Bungie, in turn, said Sony «unconditionally supports us in all we are,» as it «begins our journey to become a global multi-media entertainment company.» Business as usual, in other words.
But just two years later, that relationship is showing signs of potential strain. A December 2023 report said Destiny 2 player numbers had declined dramatically, while revenues were said to be running 45% below projections. Morale at the studio was also said to be in bad shape following layoffs in October. Bungie was also reportedly facing the possibility of a full takeover by Sony, ending its functional independence.
Totoki's comments aren't likely to quell those concerns. He began by addressing the situation at Sony Interactive Entertainment in general, saying employees have a «solid understanding» of their individual roles and responsibilities, but «don’t necessarily understand how their respective efforts tie into overall growth, sustainable profit generation, and higher margins.»
«By providing everyone involved with highly transparent description of the company and industry conditions, as well as of analyst views, I would like to encourage them to come to their own realizations,» Totoki said. «This will get everyone in the business onto the same page. Then, I would
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