Sony recently acquired Bungie for $3.6 billion. While many were speculating, with the company doing this to back up for the Call of Duty series as Destiny, there seems to be a lot more involved in the deal. During an investor call today, Sony revealed its plans to launch more than 10 new live service games by March 2026.
It’s a hugely ambitious plan and goes well beyond Sony’s traditional route of releasing console exclusives.
“The strategic importance of this acquisition is not only in achieving the highly successful Destiny franchise, as well as the flagship new IP Bungie is currently developing, but also in adding to the Sony Group expertise and technologies that Bungie has developed into live game services. “Through the close collaboration between Bungie and PlayStation Studio, we aim to launch more than 10 live service games by the fiscal year ending March 2026,” says Sony CFO Hiroki Totoki.
Bungie’s next IP is codenamed Matter and is rumored to be a multiplayer action game with character-based gameplay. The game should be launched before 2025. However, this is only one game out of 10. Naughty Dog is said to have been developing a multiplayer game for years, and Guerrilla has hired people for roles related to online games. PlayStation’s London studio is also working on a new PS5 online game.
Sony has always lacked its own live service games, but with Bungie, the company is pushing very aggressively to take on Microsoft (Minecraft, Sea of Thieves) and Epic Games (Fortnite).
In addition to promoting live service games, Bungie will also help Sony develop exclusives for PlayStation and help the company establish a Game Pass competitor.
Note, Bungie will continue to operate independently as a subsidiary of Sony Interactive Entertainment even after the acquisition is complete. The company will continue to be led by its current Chief Executive Officer, Pete Parsons.
Epic Games first appeared on BGR India after Sony launched over 10 new live service games to take on Microsoft.