After putting up a 560m loss for sony and a 200m loss before that, do you really think bungie can be saved? Sony canned other companies for less of a loss.
Those aren’t real losses. Every year a company can evaluate their business and write the value down for tax purposes. With that said it’s still not a good thing for Bungie.
I understand that its the company's monetary evaluation. You gotta figure though you lost close to a third of your companies worth isnt a good thing at all lol.