Sony Writes Off $765 Million on Bungie as Marathon Falters

Sony disclosed a $765 million impairment tied to Bungie after Marathon’s launch, signaling a drop in Bungie’s value amid weak player counts and reception for the extraction shooter; the write‑down contributed to a year‑over‑year drop in operating income, even as PS5 shipments approach 100 million and the company cautions Bungie may not recoup the losses.