Sony recorded an impairment loss towards Bungie property in its newest earnings report.
It’s been a tumultuous interval for Future 2 maker Bungie because the studio was acquired by Sony, and new monetary information exhibits that it has harm the guardian firm’s pockets. Sony recorded an impairment loss on a portion of its Bungie property, and CFO Lin Tao mentioned that Future 2 has not lived as much as Sony’s expectations.
Sony’s Q2 2025 earnings report was printed final night time and revealed that Sony took a 31.5 billion yen ($204,410,745 USD) loss on a portion of its Bungie property in reference to Future 2. It is a direct sign that the favored reside service recreation hasn’t been performing in addition to Sony had hoped. Sony CFO Lin Tao confirmed as a lot throughout a subsequent Q&A, as reported by Eurogamer.
Relating to Future 2, partially as a result of modifications within the aggressive setting, the extent of gross sales and consumer engagement haven’t reached the expectations we had on the time of the acquisition of Bungie.
It’s been a tough streak for Bungie because it was acquired by Sony for $3.6 billion in 2022. The once-dominant reside service recreation has seen diminishing participant counts and elevated criticism over latest content material expansions. Turmoil at Bungie has additionally invited scrutiny. Earlier this 12 months, Pete Parsons stepped down as CEO.
