InvestorsHub Logo
Followers 3
Posts 777
Boards Moderated 0
Alias Born 05/23/2007

Re: stark12 post# 34609

Tuesday, 01/29/2019 9:44:09 PM

Tuesday, January 29, 2019 9:44:09 PM

Post# of 46518
Morgan Stanley Research has Destiny’s revenues in 2019 even higher, valuing it at $374 million.
“While it is not entirely clear if there will be a payment from Bungie to compensate ATVI for ending the publishing arrangement early, we believe that going forward, Bungie and the Destiny franchise will operate independently,” “In addition, we would expect investors to look through any payment as being one-time given Bungie is moving on.” That's quite a chunk of change for a year's worth. My guess is that there will be no payment.