Almost four years ago now, Sony announced that it was acquiring former Halo maker Bungie for $3.6 billion. At the time, it was a shock announcement — especially considering the studio's old ties to Xbox — but it was clear that PlayStation wanted to move further into the live service market with the acquisition. Here in 2025 though, it's looking like the purchase hasn't gone particularly well for the Japanese firm.
In its recent financial report, Sony commented on Bungie and Destiny 2's performance these days. The PlayStation owner said that D2's "user engagement has not reached expectations" and that as a result, "we downwardly revised the business projection for the time being".
We'll include a longer quote down below, as shared by our friends at Push Square:
"Regarding Destiny 2, partially due to the changes in the competitive environment, the level of sales and user engagement have not reached the expectations we had at the time of the acquisition of Bungie. While we will continue to make improvements, we downwardly revised the business projection for the time being, and recorded an impairment loss against a portion of the assets at Bungie."
Now, we're not business people so we're not 100% sure on what an 'impairment loss' actually means, but it certainly doesn't sound good (we think it's something along the lines of an asset losing value). The team will be hoping that its upcoming extraction shooter Marathon can paint a more positive picture for the ex-Microsoft developer in the coming months.
As for the future of Destiny 2 specifically, that's a bit more up in the air at the moment. The team's recent The Final Shape expansion marked the end of an era for the eight-year-old shooter, and we'll just have to wait and see how Bungie juggles both Destiny and Marathon moving forward.