Full Answer
How much is the Destiny franchise worth?
Sony is buying Destiny maker Bungie for $3.6 billion.
How much money did the Destiny franchise make?
It sold over US$325 million at retail in its first five days, making it the biggest new franchise launch of all time....Destiny (video game)DestinyDeveloper(s)BungiePublisher(s)Activision (2014–2018) Bungie (2019–current)Director(s)Jason JonesProducer(s)Jonty Barnes10 more rows
How much revenue does Bungie make?
Bungie has 901 employees, and the revenue per employee ratio is $3,029. Bungie peak revenue was $2.7M in 2021.
How much money does Bungie make from Destiny?
Pachter estimates that Bungie makes $200 million in revenue a year, and Sony essentially paid $4 million per developer (Bungie has over 900 developers). Contrast that with EA's purchase of Respawn Entertainment for $455 million, a company who makes, according to Pachter, about $700 million a year with 400 developers.
How much is the Destiny IP worth?
Destiny Net WorthReal NameSteve Kenneth Bonell IIAddressHuntington Beach, California, United StatesMarital Status/PartnerDating Melina GoranssonSource of WealthContent Creator, Online streamer, Political DebaterNet Worth$894,0003 more rows
Is Bungie worth 3. 6 billion?
Sony might not have paid as much to acquire Bungie as Microsoft did for Activision Blizzard, but it still came out to a stunning $3.6 billion. This is an incredible amount of money and speaks to the value that Sony sees in Bungie as a development studio.
How many copies did Destiny sell?
Today, it said that in its first week, the game made more than $325 million — which works out to about 5.4 5 million copies, accounting for the higher-priced limited edition. A spokesperson said that number includes both retail and digital sales.
Why did Bungie sell to Sony?
“The strategic significance of this acquisition lies not only in obtaining the highly successful Destiny franchise, as well as major new IP Bungie is currently developing but also incorporating into the Sony group the expertise and technologies Bungie has developed in the live game services space,” Sony CFO Hiroki ...
How does Destiny make money?
Essentially, Activision Blizzard sees the path to making money from “Destiny 2” as a constant drip feed of payments from active players in the game either for cosmetic items or for the expansion packs.
Is Sony buying Halo?
After Microsoft dropped a big bag on Activision, Sony decided to buy Bungie video game studio for $3.6 billion. The independent studio developed Destiny, the famous online FPS (first-person shooter) and the iconic Halo series, which fuelled Xbox's growth.
How much does Destiny 2 make yearly?
Destiny 2 is now estimated to bring in anywhere from $100-$500 million dollars in revenue every year. So there you have it, that is how big the player base is for Destiny 2. It is clear that Destiny 2 has cemented itself into the MMO genre as one of the best.
How many sales did witch queen have?
1 million copiesWe had already seen Bungie announce that Destiny 2 Witch Queen has sold over 1 million copies way before the expansion was slated to release. The Witch Queen DLC is not just any other DLC or update for the game.
How much did it cost to make Destiny 1?
Destiny was the new IP from Bungie after Halo, and people were champing at the bit to get their hands on it. It had a huge budget of $140 budget. Of course, like many games, Destiny wasn't an easy release at the start. Since it's always online, you're of course going to come across issues.
How many copies did Destiny sell?
Today, it said that in its first week, the game made more than $325 million — which works out to about 5.4 5 million copies, accounting for the higher-priced limited edition. A spokesperson said that number includes both retail and digital sales.
How many copies did witch queen sell?
We had already seen Bungie announce that Destiny 2 Witch Queen has sold over 1 million copies way before the expansion was slated to release. The Witch Queen DLC is not just any other DLC or update for the game.
How many copies did Destiny 2 Sell?
“Destiny 2 Sells An Estimated 1.92 Million Units First Week At Retail”.
How much did Destiny make in 2014?
September 11, 2014 / 2:05 PM / CBS News. The new video game franchise Destiny has already smashed analysts' expectations for first-week sales with a $500 million launch. Destiny, by developer Bungie and video game publisher Activision Blizzard, was released on Tuesday, and the companies have already made back their $500 ...
Who owns the Xbox and Bungie?
Microsoft owned both Xbox and Bungie when they released Halo, but the Bungie creative team left behind that franchise to independently produce Destiny. Activision publishes other blockbuster video game franchises including Call of Duty, Skylanders and World of Warcraft.
How many Destiny expansions are there?
Post-release, Destiny received 4 major expansions; The Dark Below, House of Wolves, The Taken King and Rise of Iron. On top of new content and story, these expansions added multiplayer modes. These expansions had Playstation-exclusive content that didn't release on the Xbox until later updates.
When did Destiny start development?
The game started development in 2010 after Bungie completed Halo Reach. This started the 10-year publishing agreement Bungie made with Activision Blizzard. Bobby Kotick suggested that the total investment for Destiny would be $500 million though developers made it clear that this isn't reflective of the development budget with Activision executives later clarifying that the budget included marketing, game engine development and up-front infrastructure costs. Originally, the game was tracking well to done for a Fall 2013 release but, the state of the game didn't test well with Bungie's upper management leading to a rework of mission progression and delaying the game a year.
Is Destiny a first person shooter?
The series only has two entries and they have been monstrously successful for Activision. The first entry launched in September 2014 on all major platforms except PC and Wii U and achieved the best debut for a new franchise
Who owns Destiny franchise?
Eventually, Activision wasn't happy with Destiny's monetization/earnings structure. So they sold the Destiny franchise back to Bungie in 2019. Activision made $164 million in GAAP revenue from the deal. Bungie now owns publishing and IP rights to the Destiny series.
Who invested in Bungie?
Activision wasn't the only company that believed in Bungie. In 2018, Chinese juggernaut NetEase, who made $2 billion last quarter, invested a massive $100 million in Bungie to fund the developer's "bold new vision.". This bold vision is ambitious: Bungie aspires to not only own its IPs, but to publish them too.
When did Bungie break up with Microsoft?
They split from Microsoft in 2007 and became independent, and made Halo games until 2010's Halo Reach. After years of Halo, Bungie wanted to make something new. They started planning Destiny, but needed funding, so they signed a 10-year deal with Activision. Bungie stayed independent but had to adhere to Activision's guidance--which Bungie says ...
Is Destiny 2 on Game Pass?
Destiny 2 is coming to Xbox Game Pass. This is huge for Microsoft and Bungie. Destiny 2's arrival on the service adds tremendous value, which should lead to more subscription sign-ups and higher retention.
Is Destiny 3 cancelled?
Destiny 3 is cancelled. The future of the IP is through Destiny 2. Bungie has laid out new Destiny 2 content to carry through 2022.
When do Indie developers sell themselves?
Indie devs sell themselves when they're struggling, now when they've laid out a multi-year roadmap they're just starting to execute on.
Is Destiny 2 monetized?
Destiny 2 is also monetized with microtransactions. This is a big one for Microsoft, who loves monetization (as shown by the mTX in its first-party games and devotion to services).
Is Forbes opinion their own?
Opinions expressed by Forbes Contributors are their own.
Is Destiny free to play?
I don’t think we can discount the fact that at its core still, Destiny is free-to-play, which has helped dramatically increase its playercount from when it was under Activision. This year, after a bunch of free content was unfortunately vaulted in 2020, we got at least a few significant offerings for free players like Vault of Glass returning. This season, cross play has now opened up the playerbase even more, and allowed friends to play in groups that were previously separated, an understated, but actually huge deal for the game.
Is Destiny 2 on Steam?
Destiny 2 is routinely a top 10 game on Steam these days, and the success of the franchise has paved the way for a massive Bungie expansion where it’s tripling its campus size and going on a hiring spree. We have two more Destiny 2 expansions confirmed, with a new saga starting after that. We have Destiny expanding into multimedia projects as an IP. And we have Bungie starting to make other, non-Destiny games, funded by the success of Destiny these past seven years.
