oof madone!
let it die let it die, let it shrivel up and die!
>>738455687Me? I'm having a blast.
halo infinite and starfield were both unironically massive finanical successes btw
>Not even Geoff is defending his corporate overlord anymore
>>738455687What the fuck is an "impairment loss"? Did they lose money or not? Underperform expectations? What the fuck does it mean.
>>738457250When is a loss a good thing other than your virginity ?
>>738457250It means chuds were impairing their sales by not playing our games.
>>738457302Exactly, so what does the word impairment change? What differentiates an 'impairment loss' from just a 'loss'?
>>738457524means they bought bungie for $3.6B and after the lackluster release of marathon, sony cant claim to have a 3.6b worth company on their books cos it aint making enough money. so they re estimate bungies value to be 700m less than what they paid. thats the 700m impairment loss
>>738455687Why did they even bother buying Bungie, was Destiny that popular they judged worth to spend X billions on them?
>>738457742A 2.9B evaluation on Bungie is fucking insane still
>>738457802They bought Bungie for spite because Microsoft bought Activision
>>738457742Bungie isn't even worth a billion if we're being honest. This is Halo 1-3 days for them.
>>738455835Name?
>>738458801Isn't*
>>738457250>What the fuck is an "impairment loss"? Did they lose money or not?It means not only did Marathon lose money, but it lost so much money it's devaluaed the entire company as well.
>>738457802Destiny was at it's height in popularity and Microsoft just successfully bought Acti-Blizzard. Though for Destiny it was basically the start of the downward spiral that killed the game through countless incoherent retards having their hands in the pie, and their followup game is hot garbage with a playerbase held together with more cope that hope.
>>738458880Lurk more.
>>738459068>Destiny was at it's height in popularitylolThe height of Destiny's popularity was Forsaken
>>738459808holy cow i might have to start watching the game awards!hehe
>>738460209>hehe
>>738457250Imagine you own a plot of land worth 1 million dollars, you build Marathon themed house on top of it and now that plot of land is valued at only 800k, that’s 200k loss from making Marathon
>>738460568So, Bungie is effectively worth almost $1B less than what Sony bought them for? How much did they pay for them, again?
>>738455687>we have 10 years of content planne-ACK!
>>738457250They lost value as an entire company and "asset", not just lost revenue.Gaming companies don't really care about revenue being in the green compared to budgets, most games and consoles sell at a loss compared to what they cost. But if games do well critically and are very very popular, the studio that made it and the IP get more and more value as an entire asset of the company, which means investors and other companies and people will happily give you more money and resources to continue making stuff. Sony bought Bungie for 3.6 million dollars as an asset, and Bungie has been so inept and Marathon flopped so bad (inlcuding Destiny still being total unplayed garbage) that the asset itself lost over 700 million in value.This means that any external investor or entity that previously was maybe in discussions with Sony to give them resources and money to put into Bungie to do....whatever they bought Bungie to do, will now 100% pull out, so Bungie as a studio is useless since their company and both the IPs they work on are massively devalued.
>>738461974$3.6 when all was said and done. Even with this impairment loss valuing them at anything over $1.5 billion at the time of purchase was a mistake. But they got spooked by MS buying ActivisonBlizzard and felt compelled to do something.
>>738455687fucking chuds ruined another great company
>>738463218Most of the evaluation is based on revenue. If we use the same formula microsoft did for activision blizzard. They bought them when A/B was sitting at a yearly revenue of 6billion. They bought AB for 69b so they expected to make it back over 10 years.When bungie was bought destiny 2 was at it peak playercount, i wouldnt be surprised if bungie was making over 300m a year in revenue from destiny 2. So the 3,6b evaluation makes sense if they expected to make it back in 10 years.
>>738457250/v/ loves doom and gloom, but in this case it's almost entirely an impairment of goodwill (the extra money they spent on Bungie) because they spent an unprecedented amount of money on Bungie. Goodwill is made when they overspend on an acquisition, so this amount was almost certainly going to bleed away at some point. If you actually examine the report, these are for Q4 2025, so Marathon's sales aren't even a consideration at this point. They likely chose to take away from Bungie's goodwill because otherwise their financials are so good, so they want to bleed value while they can without worrying investors.>>738458801>>738457742these, basicallyIt's just /v/ is latching onto this being because of Marathon and not because this is a natural consequence of an overpriced acquisition.
>>738462060There hasn't been a single game that came out of the gate saying>We have a 10 year plan!And actually followed through. They can't even make it to fuckin' 5.
>>738455687Boy I'm sure glad they left all their original PS2 era IPs to die in order to push their live service dogshit
-765 MILLION FOR THIS PILE OF SHIT KEEEEEKCONCORD TWO MARATROON BUNGIEPOO
>>738464967IT STABILIZED!!!
>>738464176genshin did and they'll probably be able to follow through at this rate
>>738457250It means "Fuck you don't pay us then"
>>738459808What program?
You retards don't even know what impairment loss means.
>>738465124by hitting another record low
>>738465440you trannies don't even know what woman means kek
>>738465632pwn3d
>>738465526>Sub 4kJesus
It's been over multiple times.>2007 Halo 3 finished the fight>2010 Reach was Bungie's swan sing before voluntarily selling their souls to activision and sony >2011 Halo CE Anniversary was an outsource asset flip>2012 Halo 4 released and got destroyed by BO2>2013 Xbox One reveal>2014 MCC flop>2015 Halo 5 flopped so hard they had to soft-reboot the series with Halo Wars 2>2021 Infinite flopped so hard they are remaking CE in UE5>2022 Halo TV series was a massive flop>2026 Campaign Evolved is outsourced UE5 slop>2026 Marathon has struggled to gain traction following its launch, and Destiny 2 has failed to meet financial goals.
>>738458880Newfag
>>738465632BOILED THAT TROON
>>738466209>BUNGIE IS LE HALO!!!Retard.
>>738465128>implying they're not going to keep Genshin going forever
>>738457250>What the fuck is an "impairment loss"?"We lost the chuds"
>>738459808Grok wouldn't do that
The problem is that nobody cares about multiplayer games right now. Gamers want singleplayer games. The 007 game will do gangbusters in spite of the DEI casting because people just want a single player game right now.
>>738455687The dumbest acquisition in vidya, hell no- the dumbest acquisition in history.
>>738463218>they got spooked by MS buying ActivisonBlizzardAnd instead of telling Bungie to make a military shooter they told Bungie to make a gay purple discord shooter instead
>>738459808Prompt?
>>738457250based Breenposter
>>738465128He said game, not gacha mobile cattle farming device. Games are for and played by humans, not bugmen.
>>738459808Make her show off her labia fat more
>>738464176R6S did, but it has been nothing short of an unmitigated disaster due to technical debt since launch. Pretty sure if that loud and bald teenager did not play their game it would be dead in the water atp.
>>738455687I still have no idea why the fuck bungie was bought for over 3 billion dollarsI like marathon but there's no way in hell it can save bungie financially, it's way to niche to have mass appeal in terms of both gameplay and especially aesthetics
>>738466642I can only speak for myself but desperately wish there more multiplayer games i could lose myself in for hundreds or even thousands of hours but they are all so, so fucking dogshit. Remember Garry's Mod? Well Garry Newman just made a spiritual sequel! It's ugly as shit, has worse physics, awful cosmetic monetization and no content, enjoy! Man, the future is just as awesome as I thought it was gonna be when I was a kid, truly.
>>738465298Grok (pre nerf)
>>738466319What else would you call the company that has only made slop that undersold expectations since? Destiny was a dumpster fire. Destiny 2 is a gay dumpster fire that stole paid content from players. Marathon is a trend chasing skinsuit made by franchise rapist parasites who have zero respect for the actual Marathon games.The last major success Bungie had, and the best games Bungie ever made, were the Halo games, which became cultural touchstones. Everybody knew what Halo was. Bungie post halo is irrelevant. Nobody spent time trying to make "destiny killers", did they? But people spent a decade trying to make "halo killer" games.
>>738466893uh oh maratroon meltie
>>738467239Are you pretending I play Marathon as cope about you being a faggot for gachashit? I don't. Everything Bungie has made post Halo is unmitigated dogshit, no exceptions. That has no bearing on the FACT that mobile gachashit is for subhuman goblins, and it is not real videogames. Every single shill for gachashit is cattle and should commit suicide immediately.
>>738463691Pretty moronic way of calculating this shit. AB (technically ABK since King, the mobile game dev, was part of the package) at least was actively developing yearly new games and racking in money on multiple games whether mobile or console/pc. Bungie had been working solely on destiny 2 for a half a decade at the time of purchase. It was obvious that the revenue stream would be on the decline very soon and certainly wouldn't last a decade at the same pace.
>>738457250yes
>>738459808
>>738466642nah that's cope, people spend more time playing multiplayer games now than ever, but it's a market that's really hard to break into, if you spent the last 10 years playing csgo or league of legends for 10 hours every day why the fuck would you switch to fucking marathon or concord? people usually play 1 or 2 well established multiplayer games and play them a lot, single player games can find a playerbase a lot easier because people finish playing single player games, or have time between updates if it's live service, so one person will play hundreds of single player games, you can make a single player game and be reasonably succesful if the game resonates with enough people, if you make a multiplayer game then you have a one in a million chance of ever turning a profit, because you'll have to convince people to stop playing league of legends and play your game instead, which is not easy
>>738467494look at that maratroon melty that I'm not gonna read lmao, maybe try selling a good game with cute girls (like genshin) instead of some garbage extraction looter slop with fat ugly trannies, you subhuman jew lmao, then you can have a 10 year plan and follow it through
>>738467120>people spent a decade trying to make "halo killer" games.In the end, Halo just ended up killing itself
>>738468015Pottery
>>738466986>I still have no idea why the fuck bungie was bought for over 3 billion dollars>Well these guys made Halo. Surely they can do it again! our own Halo! let's do it!
>>738466278>BOILEDlmao
>>738455687>Marathon flopping hard>PS5 sales dropping by 46% compared to last year>literal zero sales at the PSN >Geoff fucking with Sonygrim >>738455835>not goldenbro...
>>738466584He used to...
>>738468132concord really broke you troons huh, you just keep getting dunked on while good games like genshin are more popular than ever, and will be, forever
>>738467497Bungie execs lied to Sony and showed off 10 different games in the works at Bungie, which they promptly cancelled once they got bought except for Marathon.
>>738455687Karmic justice for ruining Destiny 2 and stealing the content I paid for. Fuck 'em. Hope they go under and they all lose their jobs.
>>738468487more like karmic justice for focusing entirely on multiplayer slop
>>738468623lmao the maratroonie jew is still melting about losing the culture war, sad!
>>738455687>Tone, Sony stock is totally undervalued. They're still projecting positive earnings.>Christopher, what part of "no games" do you not fucking understand?
>>738468927Marathon, whatever happened there
>>738464020No. Goodwill is them saying "on paper the company is worth X, but we think it's really worth X+Y". The Y is goodwill. This is them saying "we were wrong, they're not actually worth what we thought they were"
>>738466642>The problem is that nobody cares about multiplayer games right now. Gamers want singleplayer games
>>738468927Just wait for the GTA VI release and everything will be fine.
>>738468132>plays good video games>comes to /v/ to discuss good video games with others>doesn't just come to /v/ to shitpost and say you play good video games and never actually discuss them
>>738468826>You HAVE TO pick troon shit or gacha shitNeither are acceptable, you shilling faggot.
>Companies spend billions of dollars acquiring other companies>Their plan fails, they lose a ton of money>Can just write it off on their taxes as a loss and not have to pay anything>Be me>have to spend thousands of dollars on groceries, electricity, water, internet, gas, mortgage, etc. each month just to continue living>I can't write any of this off on my taxes to reduce my burdenWhy is society like this? Why can corporations take massive gambles spending billions of dollars, lose everything and then just say see government I lost a ton of money so I'm not paying you any tax this year because I lost so much money, OK? Great!
>>738469384sheeesh shlomo is still having a meltie about his tranny slop flopping, this ain't 2015 anymore, the world moved on, everyone hates you jews man
>>738455687Sony has sepsis. They need to amputate bungie already.
>>738469525>Can just write it off on their taxes as a loss and not have to pay anythingThat's now how it works retard, didn't read the rest of your shit
>Sony, have you ever considered making some new games? >Fuck you. Fuck. You. You are going to get Amazon Prime, you're going to watch our God of War™ show, and you will fucking like it.
>>738469183Unironically, GTA6 releasing will catapult Sony's earnings since the PS5 will be the best place to play it since Xbox is dead and the PC port is years away.
