Sony Interactive Entertainment has confirmed that $1.2 billion of the $3.6 billion agreed fee for Bungie was allocated towards an incentive plan for Bungie employees. The remaining $2.4 billion will be paid for the private shares of the company. The $1.2 billion is set aside for a long-term incentive for employees that remain with Bungie, payments will begin after two years of the acquisition closes and will continue well after.

Earlier this week Sony Interactive Entertainment announced that it had agreed to acquire Bungie for $3.6 billion. It also confirmed that Destiny 2 and all future Bungie projects won’t be exclusive to PlayStation as Bungie will be run independently. Jim Ryan, CEO of Sony Interactive Entertainment, also confirmed that there would be more additions to PlayStation Studios and that they are investing in projects that can go beyond consoles.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s