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Chronicles

The story behind the story

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Sources: Bungie's leadership assured employees there will be “no layoffs” or “major” restructuring under Sony, but some staff expressed concern over the deal

Nathan Grayson / Washington Post :

Washington Post Nathan Grayson

Discussion

  • @vahn16 Nathan Grayson on x
    employees also hope to see efforts to improve the studio's culture continue following last year's bombshell report by @duckvalentine . “I'm hoping they will follow through and not lose sight in light of [sony's] stacks of cash,” said one https://www.washingtonpost.com/ ...
  • @vahn16 Nathan Grayson on x
    sony is planning to buy bungie employees out of equity in the company, which will result in healthy paydays for many. but there's a catch: 50% when the deal closes, 50% in a few years. one employee described the plan as “golden handcuffs” https://www.washingtonpost.com/ ...
  • @vahn16 Nathan Grayson on x
    as the video game industry continues to consolidate, bungie employees at least feel like they've gotten a good deal. leadership + internal docs say there will be no layoffs or “major” restructurings. but the longer-term future remains uncertain. my report: https://www.washingtonp…
  • @vahn16 Nathan Grayson on x
    bungie is unique in that it has been acquired previously (by microsoft) and entered into a long-term publishing deal with activision. both times, it ultimately regained its independence. bungie employees, then, were shocked by yesterday's announcement https://www.washingtonpost.c…
  • @tsoh_investing Alex Morris on x
    “The answer is to build up alternative Aggregators that have compelling content of their own, waging a proper fight for the only scarce resource there is on the Internet: time.” https://stratechery.com/...
  • @dhmontgomery David H. Montgomery on x
    Interesting insights about how Apple's new App Tracking Transparency initiative reshaped the gaming market. By pushing out data-broker middle-men like Facebook, Apple ended up boosting fully integrated gaming companies and spurring market consolidation. https://twitter.com/...