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Thread: Bungie Studios branches off from Microsoft

  1. #1
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    Exclamation Bungie Studios branches off from Microsoft

    Bungie and Microsoft Corp. today announced a plan for Bungie Studios, the developers of Microsoft’s “Halo” franchise, to become a privately held independent company, Bungie, LLC, in which Microsoft will hold a minority equity interest. As part of this transaction, Bungie and Microsoft have forged a deep and long-term development and publishing relationship focused on the continued success of the “Halo” franchise. It is also the intent of both parties to expand their partnership to include new IP created and owned by Bungie.

    Bungie’s critically acclaimed Xbox 360® exclusive “Halo 3” achieved $300 million in global sales in its first week. Released on Tuesday, Sept. 25, “Halo 3” is the fastest-selling video game ever and already one of the most successful entertainment properties in history.

    “This exciting evolution of our relationship with Microsoft will enable us to expand both creatively and organizationally in our mission to create world-class games,” said Harold Ryan, studio head for Bungie. “We will continue to develop with our primary focus on Microsoft’s platforms; we greatly value our mutually prosperous relationship with our publisher, Microsoft Game Studios, and we look forward to continuing that affiliation through ‘Halo’ and beyond.”

    “Working with Microsoft was great for us, it allowed us to grow as a team and make the ambitious, blockbuster games we all wanted to work on. And they will continue to be a great partner. But Bungie is like a shark. We have to keep moving to survive. We have to continually test ourselves, or we might as well be dolphins. Or manatees,” said Jason Jones, Bungie founder and partner.

    Bungie’s management retained the services of Don Leeds, senior managing director of B-Hive Global, LLC, to assist in the structuring of the deal and negotiating on their behalf. Bungie will remain in Kirkland, Washington, and is always looking to hire excellent talent.
    http://www.bungie.net/news/content.a...news&cid=12834
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    hmm interesting..never thought they would do it, they must be the first company to pull away from MS like that...well MS still kinda have stocks for them but still. If MS take over Halo completly them going to screw it up...just like they did the Mechwarrior series
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    wwwwwwwhhhhhhhhhyyyyyyyyyyyy!!!!!!!!!!!!!!!!!!!!!! !!!

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    ???? a wa Pezz you think is MS mek Halo 3 good?
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    It will give Bungie more freedom to make good games. Microsoft still has majority control, Halo and the last word on financial decisions.

    * Microsoft will own around 45% of Bungie stocks
    * Bungie will become a public gaming company like Rockstar and Epic
    * Bungie will be allowed to create thier own engine and thier own games for any console/system they want
    * If Bungie makes a game for any other console other than MS, MS will still get royalty $ from the profits obtained from that game
    * Microsoft will have majority rights in the board room and financial decision making of Bungie
    * Bungie is now allowed to make games for Nintendo and Sony but it also needs to be on Xbox 360 as well
    * Microsoft made this financial decision as Gamers are more likely to buy 360 games than PS3/WII games per system
    * An Independent Bungie will be more valuable than a Microsoft owned Bungie, More games are potentially to be sold on 360 with an independent Bungie
    * Microsoft has all rights to Halo, ONI and Myth, Bungie will develop Halo for Microsoft and it will be published by Microsoft.
    * Bungie will develop 2 more Halo games in Collaboration with WETA published by Microsoft
    * The only games Microsoft will not have exclusive rights for are the ones which are new IPs.
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    with those rules it would still appear that M$ owns Bungie
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    One important aspect of this agreement is that the company can now support other consoles not just the Xbox 360. This will surely also for greater profit margin for them.
    Be what's next!

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    this might be a good move because all of bungie's games(halo) always have great graphics the colour the environment everything . id like to see them make another title now
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    Yo indie Devs in Jamaica...i am an indie dev too....whatsapp me at 8741717 we need to pull together a team

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    If anyone remembered when Bungie was epic back in the day - you'd remember ONI. One of the best games I've played from them to date.
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