Sony Spending $1.2 Billion to Prevent Bungie Developers from Leaving Following Acquisition

Tsing

The FPS Review
Staff member
Joined
May 6, 2019
Messages
12,595
Points
113
destiny-2-new-light-1024x576.jpg
Image: Bungie



Sony Interactive Entertainment confirmed this week that it would be spending $3.6 billion to acquire Bungie, the developer behind the immensely popular Destiny and Halo series. A slide from Sony’s Q3 2021 earnings report has now revealed that a significant portion of those funds have been reserved as part of a retention incentive plan to ensure that the studio’s talented developers remain at the company and aren’t tempted to retreat elsewhere. The amount, which constitutes $1.2 billion, will be paid out over several years.



accounting-treatment-of-the-acquisition-of-bungie-1024x575.jpg
Image: Sony



Sony offers Bungie employees $1.2 billion retention incentive plan...

Continue reading...


 
Become a Patron!
Back
Top