Sony Bungie Acquisition Crumbles with Impairment Loss
Sony’s splashy $3.6 billion Bungie acquisition hasn’t just soured it’s backfiring. The move, intended to fuel a live-service boom, has now led to an official impairment loss. That’s corporate speak for: “We overpaid, and it’s not working.” Bungie acquisition forces a tough financial hit Sony CFO Lin Tao delivered the sobering update during the company’s […]