Sony Group Chief Financial Officer Lin Tao explained that Destiny 2’s contribution to the company’s earnings for the second quarter of fiscal 2025 was below expectations. She noted that “sales and user engagement did not reach the levels forecasted at the time of Bungie’s acquisition.”
As a result, Sony recorded an impairment on a portion of Bungie’s assets.
Tao clarified that the decline was partly driven by changes in the competitive environment. She stressed that PlayStation’s own titles continue to deliver steady revenue—particularly Helldivers 2 and MLB: The Show 25, including their Xbox Series editions. According to Tao, live-service games still account for over 40% of the company’s first-party software revenue, mirroring the previous quarter.
Helldivers 2, launched in August on Xbox, has seen a marked increase in engagement across Xbox, PS5 and PC, which translated into a significant sales uptick. MLB The Show 25 likewise remains consistent in its performance.
“Drawing on these accomplishments, we plan to fortify our studios and business operations and expand our franchises through continuous learning and ongoing refinement.”
Source: iXBT.games