Sony Will Spend 1 2Bn On Retaining Bungie Staff
This week is video game industry earnings report week, which means we get a sense of how well each of the major platforms is doing, like Nintendo Switch outselling the Wii and that Sony can’t make enough PlayStation 5 consoles. Amongst the news, one small nugget spotted in Sony’s earnings report was how the company is going to allocate the $3.6bn it spent on acquiring Bungie. In the report, Sony estimates that approximately a third of the money will be used for “deferred payments to employee shareholders, conditional upon their continued employment, and other retention incentives” (thanks, TweakTown)....