Obviously a response to Microsoft's acquisitions and kind of funny that this studio once by owned by MS and Acti-Blizz ends up with Sony. Sony says they'll remain a multiplatform studio, but we all know that won't last forever.
Reminder that industry consolidation is a direct and inevitable result of big tech encroachment into gaming. Capitalism bad for games.
Not to dunk on Bungie too much, but I feel like their glory days are over, and have been over for quite some time. Too pricey if I were Sony.