"Under the terms of the agreement, Activision will have exclusive, worldwide rights to publish and distribute all future Bungie games based on the new intellectual property on multiple platforms and devices."
The press release points out that Bungie "remains an independent company and will continue to make their own intellectual property".
Bungie boss Harold Ryan said the studio picked Activision for its "global reach, multi-platform experience and marketing expertise". This suggests that the Halo maker is finally going to develop for formats other than Xbox 360.
Any thoughts on this? Given what Activision's done to previous studios (Infinity Ward), do you think Bungie is making a mistake?