SamSuka
LastStandMedia
LastStandMedia

patreon


Sacred Symbols+, Episode 160: You Ain't Seen Nothing Yet

In buying Bungie for $3.6 billion, PlayStation's appetite for acquisitions has now entered Big Boy Territory. But this isn't necessarily a good thing. Indeed, from our perspective, this is a money-move, not a cultural one. Sony has slowly and steadily built its studio family up for years with sensical and organic acquisitions. For the first time, Sony has purchased an entity so big and so unassociated with it that it's keeping it separate, and -- perhaps most revolutionary, in the grand scheme of things -- ensuring both its current and future offerings remain multiplatform. Core PlayStation fans have little to be excited about here; the effects will be long-term and crossmedia. It could be read as a positive marketing win that attempts to cool down the hunt for exclusives at any cost. But we still have much to fear. Sony is now a willing participant in the race to consolidate the industry, consequences be damned. And we can promise you one thing: You ain't seen nothing yet.

Sacred Symbols+, Episode 160: You Ain't Seen Nothing Yet

Comments

Me too; I'm hearing very positive things.

Colin Moriarty

I dabbled in the GT series but it never clicked with me and this really goes for all racing games (sim & arcade) but ever since I got next gen the duel sense controllers with haptic feedback has been getting me into these types of games like dirt 5 or F1. Really interested to see how upcoming GT7 game utilizes this feature.

Matt ODwyer

But who is getting talent, and who is buying IP? Bungie is a better studio than anything Microsoft has purchased. At least, the general consensus would tell you that.

Colin Moriarty

That timeline makes no sense, if you take both sides at their word.

Colin Moriarty

Hoeg believes that this Sony buying Bungie is absolutely a reaction to Microsoft buying Activision. He’s said so in various podcasts, not the least of which being his own Virtual Legality. Please use the resources available to you, Hoeg is a part of the Last Stand family. You seem silly for not using such an invaluable resource.

BlindRiot

I hope Sony continues big acquisitions like Bungie. It sucks but indie studios, partner studios and support studios in the likes of Ember Lab, illfonic and Iron Galaxy won't help them much when MS is acquiring the biggest 3rd party punlisher in the world: Activion Blizzard King.

Marvinarviin

They already said their future games aren't exclusive.

Colin Moriarty

Sony didn't pay 3.6B to not get some form of exclusivity. Are they going to force Bungie to cut Destiny 2 Xbox support, no. Are Bungie games for service games not coming to PC, Absolutely Not! The main exclusivity I see them getting is console exclusivity down the road. Bungie says they will be a multi platform studio. Multi platform being PS5, PC, and mobile.

NinjaDC

I'm happy to hear it.

Colin Moriarty

=)

Colin Moriarty

If nonsensical is a word, then why wouldn't sensical be a word.

Colin Moriarty

I know Chris and Dustin never had a good impression with ps now, but for a person who lives the ps3 Era and with good connection, I'm loving it. I played split/second without any problems, granted I only did the single player campaign.

Peter Pham

Want to second Colton^^ nothing is more satisfying than getting an episode right after something breaks. It’s like amazon prime for PlayStation news!

Austin

I hate to be the grammar police, but is sensical a word? I have never heard of it. Do you mean sensible?

Jordan Brown

Thank you. <3

Colin Moriarty

I think it's in their best interests to play nice, I agree.

Colin Moriarty

Anything is possible.

Colin Moriarty

Strong use of the word "thusly"

Colin Moriarty

Great episode gents y’all have been killing it like always with making these episodes right after news breaking. What a crazy time to be a gamer. Microsoft stand down

Colton Cotten

I believe Microsoft is arming its silos because of Apple. They need negotiating power to get Xcloud on Apple‘s App Store. Amazon and Google both have sweetheart deals with Apple and Microsoft is looking to do the same. I believe it will be good for Sony and Microsoft to both play nice regardless.

Shane Pryor

I’d say Sony needs to buy CD project.. is that possible? Having the Witcher as an exclusive vs Starcraft could be fair fight …

Elad Shefer

I know this deal has been in the making for a long time but I can't help but feel like Sony made this as a collateral move. Thusly Sony is going to keep destiny on Xbox as long as call of duty is on Playstation. I know this is not the case (definitely not the whole case anyways) but that was my reaction when I saw that bungie isn't going to be made exclusive.

Michael Buell

@the reply No DOUBT! Guess I was just curious to see yall touch on it. Seemed like a pretty big point!!! ❤

Shawn Yorn

I answered you on the other comment.

Colin Moriarty

They aren't getting anything they weren't already getting.

Colin Moriarty

I doubt they'd do that.

Colin Moriarty

?

Colin Moriarty

We will see. =)

Colin Moriarty

LOL.

Colin Moriarty

Ominous. =)

Colin Moriarty

It's a strange world.

Colin Moriarty

Awesome episode, boys. One question I had that i feel was overtly missed in this episode that was covered heavily in the other acquisition episodes was the Financials of the deal. We've been consistent in talking about how all of these companies have wildly overpaid in these deals but 3.6 BILLION for BUNGIE? Maybe this just hit me harder that yall? Was this a bidding war? I realize what they've gotten and what this all could mean but this is and would the most bloated gaming deal yet. This makes the Zenimax deal that we were talking about being bloated look like a STEAL. MOJANG FOR 2.5? Craziness out here. Unless my numbers are off, Bungies market cap is around 2 ish B. Getting wild out here. Thanks for the episode guys!

Shawn Yorn

Doesn’t me make sense? I gotta disagree here, I think it makes a ton of sense, PlayStation needs an FPS before they’re all sitting on one platform (Xbox).

Austin

What happens when the day comes that Tencent starts making all their games "Chinese language" only? They could go that far......and then we could be thankful for these acquisitions.

Gar Kelleher

"I am Jack's total surprise."

ur ppnballs

I’m honestly excited to see what new game comes out of this. I know everyone is thinking Destiny but I think Sony is trying to make their own online MMO or multiplayer game using Bungies knowledge. PlayStation having their own Destiny like type of game would huge!

Jeff Caseres

They may take our KOTOR. But they will never take our Bungie!!!! Absolute savage play. Good for Sony. Bungie is one of the most forward thinking studios in the multiplayer space AND content delivery. Very few get this better than Bungie. You wouldn’t know unless you played golden days of Halo on 360 or you play Destiny. Seeing lines drawn in the sand is interesting. MS, Bethesda, Activision VS Sony, Bungie, Epic, Discord. I count discord because I believe it will replace Playstations voice chat and be one of the biggest exclusives of the generation.

SeanG123

As a huge Destiny fan, this deal seems fantastic for bungie. Extra money for development and they remain some form of independent. Makes me more excited for what can happen with the series when bungie has more money. Not fully certain what sony gets out if this deal though. Maybe something regarding film rights? There are a lot of cool stories in that world that would he awesome to see realized in tv/film. A very unique deal for sure. The statement from Jim Ryan saying “this is only the beginning” on the other hand…..Thats a bit worrying.

Nathaniel Taylor

Col, we live in a timeline where Xbox has Crash and Spyro and PS has Bungie. Please stop Chris from using his dark magic again before things get any weirder.

NeO JD

How come? It's worked wonders so far.

Colin Moriarty

I concur.

Colin Moriarty

Could be all of the above, but I agree that this doesn't move the needle for me.

Colin Moriarty

=)

Colin Moriarty

?

Colin Moriarty

Bungie would have been just fine without any parent.

Colin Moriarty

Thanks! Enjoy.

Colin Moriarty

Talent-wise, yes. But there was no consequential IP in that deal.

Colin Moriarty

Yeah, it's goofy, but if you read around enough, you realize most people have no idea what they're talking about.

Colin Moriarty

It seems like a lot of folks are really tying this deal to Factions! I wonder why?

Colin Moriarty

I'm doing my best.

Colin Moriarty

I can't root for a corporation. Just seems weird.

Colin Moriarty

Maybe. I'm not even sure that makes sense for either side, but it's possible.

Colin Moriarty

I'd do it.

Colin Moriarty

Enjoy!

Colin Moriarty

We're gonna delete it.

Colin Moriarty

Thanks!

Colin Moriarty

If there going to buy things then as long as it is of quality then so be it. The whole only looking for acquisitions that Sony has nurtured relationships with I don't really give a shit.

Piston Pants

They have done well recently. Both Ghostbusters and Spiderman have done really well for them. If they get this cross media strategy right, it could be a good move for them. I know every time I watch the Witcher on Netflix I want to play the game. Agree that it wasn’t doing too well till recently.

Andrew McGregor

This all seems a bit hollow

Joseph Conway

This deal is a complete waste. Bungie games still multiplat, Killzone & Resistance not coming back, Destiny movie??? Bad deal.

Brandon Soto

Thanks for giving us your day off! I never understood Sonys fixation on film, given how successful PlayStation is and how much of an embarrassing shit factory Sony Pictures is.

Tick Dickler

Stand down.

Joseph smith

Destiny 3 becomes 3rd person shooter.ha I jest.

Joseph smith

"I am Jack's jaw on the floor."

ur ppnballs

Honestly all I care about is that Playstation money going towards destiny. Better expansions. More content. Bigger team. Very excited about that.

Tyler Cumerford

You best believe I’ve been refreshing the Sacred Symbols feed ever since this news dropped. Excited to listen, dudes.

Mr. MacDeadly

Insomniac continues to become the greatest steal/deal of all time.

Simon

People are acting like this is a response to Microsoft. Do they really think a deal like this takes place in just a week? This had to have been in the works for months

Bryan Lonsdale

Great episode boys thanks for the speedy turn around on this. A few things that you can hopefully touch on fridays episode. 1. Colin, do you think bungie is providing input on Naughty Dogs factions in terms of monetization and perhaps making that a live service game. 2. Are we worried that Bungie might jump ship at some point like they did with Microsoft and then activision. I’ll try to write these questions in for this weeks episode but people are like speed racer nowadays with how big the show has gotten haha!

Kenneth Oms

appreciated Colins rendition of “ohh baby you ainttt seeen nothing yet 🎶 🎵 “

jettxjordan

I am not happy with this silly arms race of IP! The problem is any new IP competing with established IP gets outmuscled by mega corporations. Yuck!

Ulziidamba Enkhsaikhan

NO kidding, money is too expensive to hold on to right now so things are getting inflated. But Dang There are a lot of good teams and good IP at Bethesda for only 2x of Bungi.

The rogue

Good question, I have to imagen they talked to Microsoft too. PS may have offered more, or Bungi liked their promises of what it would look like to work with them more.

The rogue

I think the most sensible acquisition for Sony would be Kojima Productions. Death Stranding developed on the Decima engine, lots of collaboration between Kojima & Guerilla on the game. It's an acquisition I'm surprised hasn't happened yet.

Aoife

With 3.6 billion for the bungie acquisition, 7.8 for Bethesda and all that IP now seems like a steal for Microsoft.

james o halloran

Star Wars 4B. Bethesda 7.5B. Bungie. 3.6B at this rate LSM is easily a 2B buy.

Matthew Two T's

All I want to know if Bungie went to tencent or Microsoft and said can you match 3 billion and they said no or was Sony like hey 3 billion now or never end of business day?

Hose A Contra Razz

Thank you for this, I needed the Sacred Crew’s thoughts on this ASAP. Can’t wait to listen on my way home from class.

I don't think this Jeff Ross podcast is a thing now...hahaha

james glenn roten

You guys really are the best. Excited to listen to this tonight!

Jason3d1

https://www.patreon.com/posts/sacred-symbols-61918741

Colin Moriarty

<3

Colin Moriarty

Yeah. =\

Colin Moriarty

"We don't care!"

Colin Moriarty

Thank you for your support.

Colin Moriarty

!!!

Colin Moriarty

Be safe.

Colin Moriarty

That's right.

Colin Moriarty

Indeed.

Colin Moriarty

!!!

Colin Moriarty

=)

Colin Moriarty

How does one get the video version?

Kasual7

I was looking forward to Friday, and then this banger drops. LSM you are truly spoiling us!

Rich Price

The great consolidation wars have begun!

Anthony J Sanchez

this is exactly what I've been waiting for. /Stephen A Smith.gif

Kendrick Luckenbach

Thanks for the emergency episode gang, love the timely coverage!

Captain Canada

Oh shit son!

Daniel short

Awesome I am driving home from Vegas and this is a godsend

Andykapped

Jeez that was fast

Red Head Redemption

Here we go again Boys! breaking news!

Asique Alam

Exactly what I was waiting on so pumped to hear this

shouty33

The mad lads have done it again

Nick La Creta


More Creators