Bungie’s new IP seems to be a third-person action game using Destiny 2’s Engine

Bungie, a Bellevue-based video game developer, is working on a new IP.

Bungie received $100 million from NetEase in June 2018 to transform itself into a multi-franchise studio. Pete Parsons, Bungie CEO at the time, stated:

This partnership will allow us to accelerate our global vision and build new teams dedicated to delivering new experiences. NetEase is responsible for creating and operating some of the most loved games on the planet. We are excited to have them bring their experience as Bungie enters a new chapter in its history.

A new trademark was discovered for Matter a few short months later. Bungie remained quiet for some time before announcing their updated growth plans in the early 2021. The studio announced its plans to move into an even larger office by Fall 2022. This would enable it to release at least one IP by 2025.

A new job opening for a Lead Gameplay Engineer Now, the game will be a first-person action game. This is a departure form Halo and Destiny which were only playable in first person view. A previous version of the job posting (captured by The Game Post) also mentioned that the project would be developed with Bungie’s own Tiger Engine, the same one used for Destiny 2.

It is unclear if the job listing’s modifications were made to accommodate the studio’s inability to publicly announce the engine or if the project has switched engines. If the launch window of 2025 is not extended, it’s possible that we will hear more about the new Bungie IP next year. It’s worth noting that a recent rumor suggested that the studio might be trying to revive the Marathon IP via an extraction shooter. This would likely be a completely different project as Marathon is an old IP.

The studio is working hard on the next Destiny 2 expansion, Lightfall. This will be released on February 28th. Bungie was bought by Sony earlier in the year in a $3.6B deal. Its projects will continue to be multiplatform.

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