When a company OVERprojects future earning by an as egregious number as 45%, the C-Suite (esp the CEO and CFO), and their direct reports (all mid 6 figure salaries plus) should be fucking shit canned. NOT the developers and other creatives who performed the work they were instructed to do.
@@willfredtk no. It should be exactly what I said. Which would be the CFO and their teams, whom would be directly responsible for economic projections, and the CEO and their direct reports for not only not pushing back, but selling a borderline fraudulent over estimation to Sony. NONE of the creative teams would have a direct hand in calculating and reporting such gross financial overestimates.
@AnthonyAnalog the creative teams would still get cut you can't pay people to work on projects that aren't making money when you have a financial problem. Not their fault but you can't pay people to do nothing at the same time.
1000% i recently was disabled in a car accident and this was one of three things to take my mind off and relieve the pain, since tfs and before it’s just honestly painful and a slap in the face to play anymore . can’t afford the poop anymore and the only reason i play is because of a stupid weekly rotator
Its because from 2019-2023 or 2022 they were making 300 million in just mtx for cosmetics. So Sony really wanted that live service knowledge for their games.
This is the same company who bought Firewalk last year for (allegedly) $100 million, and has Concord to show for it. I'm starting to think maybe Sony doesn't really have a sound live service strategy.
I think a lot of peopel are missing what's really happening imo: - Destiny was never the point. The whole point of this is that the executives identified an oportunity to pump&dump - Bungie has a revenue asset (Destiny). Using the COVID market dynamics they bloated out the company (like fattening a pig) in order to sell it. In its prime, they invited Sony to take the bait and sell for a gajillion dollars. Once the deal went through, everyone who mattered in this deal cashed out and left. Naturally this was not sustainable so now a lot of blame is being placed on whatever else. It's all a consequence of the purposeful decisions to pump&dump the company. It was all calculated and premeditated, not "incompetence". This happens in a lot of companies and nobody is noticing. Destiny was never the point, none of this matters. Whoever was in charge at the time already got what they wanted, "Bungie" and "Destiny" were just tools in the get-rich scheme.
Oh damn That actually makes a lot of sense. Not a game industry thing, but I remember Subway bought fancy meat slicers right before their sale to Roark Capital, then after the sale the meat slicers just vanished because it was too costly and labor-intensive to maintain them. They just needed the cool shiny gadget to stick around for long enough to make it look like they weren't trying to sell Roark a lemon.
DE did not develop Wayfinder - they only published it, in a partnership. Wayfinder couldn't pull in enough money to justify the costs - so they parted ways with the development studio.
Wayfinder is not a DE project. DE had a publishing division that partnered with airship syndicate. Wayfinder is an AS project. Its the publishing division that closed. This meant AS was left without a publisher. They didn't shut down publishing division for wayfinder specifically. No devs were let go. Only the corporate side was either transfered to tencent or let go.
Financial decisions are killing gaming altogether. I get that it's a business and it needs to make money, but it's just making money right now, not about making money making good games.
I started to catch on to the idea that Destiny was being cannibalized for Bungies others projects after Beyond Light came out. They should’ve committed to Destiny while developing Marathon as a full campaign and multiplayer game along with the extraction mode. Honestly I think Bungie and Destiny’s best chance is to get to work Destiny 3 now for a 2027 release. Maybe they could still have their episodes and mini expansions but save the big stories for D3. It would also be the start of a new saga which would make it the perfect jumping on point for new and old players. I don’t really see a future for this franchise without a Destiny 3 in the next 3 years, they gotta make that decision and get to work now!
What DE did to Wayfinder was criminal, and then after leaving the Wayfinder Devs in the dust and with no money, their new CEO comes out and says "Oh, life service games fails because people dont give them time." Like, dude, that's such hypocrisy.
Criminal? They were publishing it. Let me know if you ever finish putting the list together of the publishers who closed studios down when something they were paying to have developed proved unprofitable. Warning: that'll be a massive list. Airship Syndicate at least got control of the game they worked on, were able to rework it in a form that was feasible, and it still exists, and has done better than it was even under DE. Two years from now, if the game suddenly finds a fanbase, Airship Syndicate loop back to it and make more content for it or another game or whatever else. Vs other live services that have died unceremoniously and weren't give any chance to live even posthumously. I'm not saying everything that transpired between DE and Airship Syndicate was rosy, but as someone who paid for the top tier founders level for Wayfinder, I'm glad the game at least is able to exist and not being just shut down entirely and literally killed off. Which DE could've done. They didn't do that.
Ngl I genuinely hope it finally dies tired of hearing dead game over & over again then oh it's time to play again 😂 f2p is going to ruin the game ngl more time gated garbage lmao that being said I've been trying to sell my crazy account with thousands of hours, seen alot of ppl and clanmates doing that too selling accounts before the games dead dead
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When a company OVERprojects future earning by an as egregious number as 45%, the C-Suite (esp the CEO and CFO), and their direct reports (all mid 6 figure salaries plus) should be fucking shit canned. NOT the developers and other creatives who performed the work they were instructed to do.
to be fair if it was done by some one like you or me to anopther 3rd party we as individuals would likely be charged with fruad
@@Ryan8573A 📠📠📠📠📠
Well really it should be the ceo and cfo but also the departments developing the expenses would have to also be let go
@@willfredtk no. It should be exactly what I said. Which would be the CFO and their teams, whom would be directly responsible for economic projections, and the CEO and their direct reports for not only not pushing back, but selling a borderline fraudulent over estimation to Sony. NONE of the creative teams would have a direct hand in calculating and reporting such gross financial overestimates.
@AnthonyAnalog the creative teams would still get cut you can't pay people to work on projects that aren't making money when you have a financial problem. Not their fault but you can't pay people to do nothing at the same time.
Let's talk about the updated Christopher Barrett situation. That's pretty important to discuss especially for the sake of integrity
I imagine that'll be discussed on their next podcast. That said there's usually a few months gap between new ones
1000% i recently was disabled in a car accident and this was one of three things to take my mind off and relieve the pain, since tfs and before it’s just honestly painful and a slap in the face to play anymore . can’t afford the poop anymore and the only reason i play is because of a stupid weekly rotator
Mind boggling how Sony thought acquiring Bungie for 3.6 Billion was a good or fair deal. That's an in same amount of money
Its because from 2019-2023 or 2022 they were making 300 million in just mtx for cosmetics. So Sony really wanted that live service knowledge for their games.
This is the same company who bought Firewalk last year for (allegedly) $100 million, and has Concord to show for it. I'm starting to think maybe Sony doesn't really have a sound live service strategy.
I think a lot of peopel are missing what's really happening imo:
- Destiny was never the point. The whole point of this is that the executives identified an oportunity to pump&dump - Bungie has a revenue asset (Destiny). Using the COVID market dynamics they bloated out the company (like fattening a pig) in order to sell it. In its prime, they invited Sony to take the bait and sell for a gajillion dollars. Once the deal went through, everyone who mattered in this deal cashed out and left.
Naturally this was not sustainable so now a lot of blame is being placed on whatever else. It's all a consequence of the purposeful decisions to pump&dump the company. It was all calculated and premeditated, not "incompetence". This happens in a lot of companies and nobody is noticing. Destiny was never the point, none of this matters. Whoever was in charge at the time already got what they wanted, "Bungie" and "Destiny" were just tools in the get-rich scheme.
Oh damn
That actually makes a lot of sense. Not a game industry thing, but I remember Subway bought fancy meat slicers right before their sale to Roark Capital, then after the sale the meat slicers just vanished because it was too costly and labor-intensive to maintain them. They just needed the cool shiny gadget to stick around for long enough to make it look like they weren't trying to sell Roark a lemon.
DE did not develop Wayfinder - they only published it, in a partnership. Wayfinder couldn't pull in enough money to justify the costs - so they parted ways with the development studio.
Wayfinder is not a DE project. DE had a publishing division that partnered with airship syndicate. Wayfinder is an AS project. Its the publishing division that closed. This meant AS was left without a publisher. They didn't shut down publishing division for wayfinder specifically.
No devs were let go. Only the corporate side was either transfered to tencent or let go.
Financial decisions are killing gaming altogether. I get that it's a business and it needs to make money, but it's just making money right now, not about making money making good games.
I started to catch on to the idea that Destiny was being cannibalized for Bungies others projects after Beyond Light came out. They should’ve committed to Destiny while developing Marathon as a full campaign and multiplayer game along with the extraction mode.
Honestly I think Bungie and Destiny’s best chance is to get to work Destiny 3 now for a 2027 release. Maybe they could still have their episodes and mini expansions but save the big stories for D3. It would also be the start of a new saga which would make it the perfect jumping on point for new and old players. I don’t really see a future for this franchise without a Destiny 3 in the next 3 years, they gotta make that decision and get to work now!
RIP, I haven't been on since the last layoffs and word of smaller expansions.
They’ll be lucky if their financial decisions don’t kill Bungie as a whole.
Why is byf wearing make up wtf
Can't tell if it's make up or just bad lighting reflecting off his glasses and just glossy chapstick use.
yes
What DE did to Wayfinder was criminal, and then after leaving the Wayfinder Devs in the dust and with no money, their new CEO comes out and says "Oh, life service games fails because people dont give them time." Like, dude, that's such hypocrisy.
Criminal? They were publishing it. Let me know if you ever finish putting the list together of the publishers who closed studios down when something they were paying to have developed proved unprofitable. Warning: that'll be a massive list. Airship Syndicate at least got control of the game they worked on, were able to rework it in a form that was feasible, and it still exists, and has done better than it was even under DE. Two years from now, if the game suddenly finds a fanbase, Airship Syndicate loop back to it and make more content for it or another game or whatever else. Vs other live services that have died unceremoniously and weren't give any chance to live even posthumously.
I'm not saying everything that transpired between DE and Airship Syndicate was rosy, but as someone who paid for the top tier founders level for Wayfinder, I'm glad the game at least is able to exist and not being just shut down entirely and literally killed off. Which DE could've done. They didn't do that.
Ngl I genuinely hope it finally dies tired of hearing dead game over & over again then oh it's time to play again 😂 f2p is going to ruin the game ngl more time gated garbage lmao that being said I've been trying to sell my crazy account with thousands of hours, seen alot of ppl and clanmates doing that too selling accounts before the games dead dead
Hot take
Bungie should sell Destiny to DE
I cant think of a studio who would take all of it, run, and make nothing but bangers.
Does bungie even own destiny? I think there’s 3.6 billion reasons to assume the IP belongs to Sony now.
@@ap396z no, they do not own the IP
@@DioStandProud they just own the studio who owns the IP lol
Bungie was/is a terrible company, it just took yall 10 years to realize it 😐
Games don't die... casuals just leave