Activision (More Later)These bombshells just keep coming. From Gamasutra:
After weeks of ugly conflict with its most valuable studio and the resignation of its publishing executive, Activision finally has some good news to report in the signing of a major ten-year deal with Bungie.
The new, exclusive multiplatform deal means Activision will publish the Halo creator's new franchise, its first since it became independent from Microsoft.
Bungie's next project is described as an "action game universe"; as an independent studio, the developer will continue to own the IP. The terms of the deal were not publicly disclosed, but do not include all Bungie titles -- purely the "rights to publish and distribute all future Bungie games based on the new intellectual property on multiple platforms and devices".
Bungie owns the IP, and Activision owns the publishing and distribution rights to all games based on this IP.