The Halo franchise, from Bungie Studios, has embarked upon a path to become an independent company. Microsoft will retain an equity interest in Bungie at the same time, continuing its long standing publishing agreement between Microsoft Game Studios and Bungie for the Microsoft owned Halo intellectual property as well as other future properties developed by Bungie. 

The Xbox 360 exclusive Halo 3 achieved $300 million in global sales in its first week. Released on Tuesday, September 25, Halo 3 is the fastest-selling videogame ever and already one of the most successful entertainment properties in history.

Shane Kim, Corporate Vice President of Microsoft Game Studios noted, ’’Our collaboration with Bungie has resulted in Halo becoming an enduring mainstream hit. While we are supporting Bungie’s desire to return to its independent roots, we will continue to invest in our Halo entertainment property with Bungie and other partners, such as Peter Jackson, on a new interactive series set in the Halo universe. We look forward to great success with Bungie as our long-term relationship continues to evolve through Halo-related titles and new IP created by Bungie.’’

Harold Ryan, studio head for Bungie added, ’’This exciting evolution of our relationship with Microsoft will enable us to expand both creatively and organizationally in our mission to create world-class games. We will continue to develop with our primary focus on Microsoft’s platforms, we greatly value our mutually prosperous relationship with our publisher, Microsoft Game Studios, and we look forward to continuing that affiliation through Halo and beyond.’’

Bungie Studios will remain in its current location in Kirkland, Washington.