It’s another big game studio deal. Sony has announced plans to acquire Bungie, the studio behind hit sci-fi MMO shooter Destiny, in a deal worth $3.6 billion.
Bungie is positioning the acquisition as the start of a new era for the company – one focused on global media entertainment, not just games.
One notable point: Bungie will continue to expand for multiple platforms, not just PlayStation, according to a blog post from CEO Pete Parsons. This is another sign of consolidation in the video game industry. In case you forgot, Microsoft announced last month that it was buying Activision Blizzard for $69 billion.