The publisher expects another ‘billion-dollar franchise’

At the Milken conference in Los Angeles last week, Activision CEO Bobby Kotick said the company intends to spend $500 million on Bungie’s new sci-fi shooterDestiny. That investment will go into covering development, marketing, packaging, infrastructure support, royalties, and other costs associated with the new intellectual property, reportsReuters.

“Bungie’s very ambitious plan is designed to unfold over a 10-year period,” said an Activision spokesperson. “The depth of creative content, scope and scale is unprecedented and is required to bring Bungie’s vision to life.” The rep added that “Over the long term, we expect the ultimate product costs to be roughly in line with other Triple-A titles.”

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Still, there’s no getting around it: $500 million. Perhaps that number would come across as less staggering if we knew . As it stands, there’s so much that wasn’t said atBungie’s recent preview eventthat needs to be covered at E3.

Activision plans $500 million date with ‘Destiny’[Reuters — Thanks, Captain ‘Merica]

The opening area of the Whisper mission, in a small grove.

The Divide in the Cosmodrome, where the Guardian was resurrected.

A holofoil Ribbontail, as seen in collections.

The Phoneutria Fera hand cannon, inspired by the Season of the Haunted armor set. It has a unique, galactic glow.

Three Fuses appear in a match of Apex Legends' Wild Card mode.

Mad Maggie opens a supply bin and an item with a symbol indicating infinite ammo appears.

Legends slide through a zipline in King’s Canyon in Apex Legends.

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The Yeartide Apex tex Mechanica SMG with a Holofoil glow.