Sony has taken a major financial hit on its bungie acquisition, recording an impairment loss of roughly $765 million for the fiscal year. The charge stems from underperformance by destiny 2 and the new extraction shooter marathon.
During its earnings call, sony cfo lin tao noted that bungie’s title portfolio fell short of expectations. This led to a full impairment of fixed assets except goodwill, with the total downgrade on the original $3.6 billion acquisition reaching $765 million. Marathon launched on march 5 and earned strong reviews, including a metacritic score of 82 and over 90 percent positive steam ratings. However, player counts remain low, hovering between 10,000 and 15,000 concurrent users on steam.