Sony Writes Down Bungie Value by $765 Million Amid Marathon and Destiny 2 Slump
TL;DR
Sony disclosed a $765 million impairment charge against Bungie’s assets for FY2025/26, driven by the underperformance of Destiny 2 and Marathon. The hit includes about $200 million recognized in Q2 and $565 million in Q4, reducing Bungie’s accounted value, while Sony still posted a 12% operating income gain thanks to network services and favorable FX. Bungie was acquired for $3.6 billion in 2022, and the fate of Marathon remains uncertain as the developers vow to press on.
- Marathon and Destiny developer Bungie underperformed last year, causing a $765 million impairment loss for PlayStation Eurogamer.net
- Sony Backs ‘Marathon’ Even After $765 Million In Bungie Impairment Losses Forbes
- PlayStation records $765m impairment loss from Bungie as operating income falls 41.6% in Q4 GamesIndustry.biz
- Sony Reports $765 Million Impairment Loss Due to Underperformance of Marathon Developer Bungie IGN
- Sony Isn't Bailing On Marathon Despite Bungie's Poor Earnings Kotaku
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