Activision has touched base on the decision to split from Destiny developer Bungie, saying it was a 'mutual, amicable' agreement between both companies and ultimately the right decision going forward.
'Bungie gets to focus on the [Destiny IP] that they have created and we get to focus on our biggest opportunities on our biggest franchises with our best resources,' said Coddy Johnson, President and COO of Activision Blizzard. 'Our decision was reached with mutual agreement with Bungie to sell back the commercial rights. And for us at least, it was rooted in really our strategy overall.'
'Destiny is highly critically acclaimed, high quality content, but it was not meeting our financial expectations,' he added.
Activision and Bungie originally signed a 10-year deal for the Destiny franchise back in 2010, with a number of other studios under its umbrella, including High Moon and Vicarious Visions, helping out the franchise. Both will continue to help Bungie in the 'transition' period, Activision confirmed.
'[Bungie was] tying up one of our scarcest resources–developer talent,' added Johnson.
The original Destiny launched in 2014 and was supported by four major expansions, while the sequel turned up three years later. Bungie is continuing to support Destiny 2, with new content mapped out until summer this year.