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NetEase invests $100m into Destiny studio Bungie

Date Type Companies involved Size
June 4th, 2018 investment Bungie
NetEase
$0m
NetEase invests $100m into Destiny studio Bungie

Chinese online and mobile games publisher NetEase has acquired a minority stake in Destiny developer Bungie after investing more than $100 million in the studio.

NetEase said the investment would help speed up the US studio’s vision of “becoming a global, multi-franchise entertainment company”.

Despite the deal Bungie will maintain its existing long-term partnership with Activision on the Destiny franchise.

"We have been big fans of the worlds Bungie has created, and are drawn to Bungie's passion and creativity in online games development," said NetEase CEO William Ding.

"Bungie and NetEase share the same vision and ambition to deliver incredible experiences to millions of players all around the globe. We are excited to partner with Bungie as they transform from a single franchise development team into a global, multi-franchise entertainment studio."

You can read the full story over on PocketGamer.biz


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Senior Editor

Craig Chapple is Senior Editor of PocketGamer.biz and InfluencerUpdate.biz. He was previously Deputy Editor at Develop and Online Editor at Nintendo of Europe.

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