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KILLER SPARK117

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Bungie wasn't bought out, Bungie itself left Microsoft, but lost\sold the rights to Microsoft, who in turn formed 343 ( a mainly fanbased studio with several key members of Bungie that switched over to 343 ) 343 now has all rights to the Halo franchise. So, all future games, spin offs, movies, etc all belong to Microsoft, 343 just makes the games now.

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