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Pachter: Bungie/Activision project is “well along in development”

Thursday, 29th April 2010 14:41 GMT By Johnny Cullen

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Wedbush Morgan analyst Michael Pachter has said the just-announced Bungie that’s to be published by Activision is “well along in its development”.

Speaking with Gamasutra, he said that he now expects the studio to release games every two years, with projected sales of 10 million units being aimed at due to the new project’s multiplatform status.

“Bungie is a relatively productive studio, and it is likely that we will see a game from them every two years, beginning next year,” said Pachter. “Therefore, I think it’s safe to assume that Activision will generate around 5 cents per share on average every other year from this deal.”

He also said the firm is “funding some or all of the development and getting first dollar payback and a healthy revenue share in exchange.”

As  for Call of Duty, Pachter says today’s announcement won’t “fully offset” the ongoing crisis at Modern Warfare developer Infinity Ward.

“I’m not sure that this will fully offset the negative investor reaction to the ongoing Infinity Ward soap opera, but at least it shows that Activision can deal with world class developers, and I actually thought that the Bungie guys sounded quite happy with their deal and with their relationship.”

The Acti/Bungie deal was announced earlier today to E3-type gigaton fanfare, and comes days before the developer kicks off the multiplayer beta on its final Halo game, Halo: Reach, on Monday.

There’s more on it here.

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8 Comments

  1. alimokrane

    This guy is unbelievable….stating the blatantly obvious every single time but what’s worse is you guys reporting it… Seriously, does anyone take this Analyst seriously anymore? his sales predictions/Rumours are always WAY OFF and whatever he gets right is usually the most obvious thing in the world….

    #1 5 years ago
  2. NGCes26294BIV

    Seriously VG, can you please stop giving this guy a platform?

    #2 5 years ago
  3. daytripper

    i find the fact he probably picks up a handsome salary totally unjustified and insulting.

    #3 5 years ago
  4. Benjo1981

    @1 If you read his comments from within the context that they are intended (i.e. spoken as a financial analyst speaking, primarily, to investors who know very little about the gaming industry) then it can be said that he is not stating the obvious.

    He isn’t just a guy who makes random predictions, he’s primarily a financial analyst which the videogame news sites choose to report (often out of context).

    #4 5 years ago
  5. Eregol

    can I spout random crap and get a job as an analyst?

    I’d at least make the crap interesting.

    ‘Cliffy B gets his game ideas from a talking sheep.’

    Now there’s a headline!

    #5 5 years ago
  6. daytripper

    lol@5 Kojima scraps Zone of the Enders 3 for Power Rangers MMO

    #6 5 years ago
  7. Eregol

    @6
    That would be soooooo cool.
    I would love to control an angsty hormone induced teenager turn him into an angsty teenage superhero in skintight lycra and summon a giant angsty teenage robot to knock down buildings in the hope of stopping evil do-ers.

    I could really use my powers for good and ‘off’ Pachter.

    #7 5 years ago
  8. daytripper

    Ultraman SNES remake for XBLA/PSN!

    #8 5 years ago

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