The PlayStation Studios ranks are growing with the addition of TeamLFG, a development studio born out of Destiny 2 and Marathon developer Bungie, Sony Interactive Entertainment CEO Hermen Hulst announced Wednesday. teamLFG was built as an incubation project at Bungie, Hulst said, and is “now fully formed and ready to be introduced to the world.”In a statement on Sony’s PlayStation Blog, teamLFG said it is “driven by a mission to create games where players can find friendship, community, and belonging. We want our players to feel excited when they log on to discover their teammates already hanging out online. We want our players to recognize familiar names and to make myths and memes out of each other. We want our players to love remembering that one time where they pulled off That Play that changed the whole story of the match.”TeamLFG’s first project will be a “team-based action game that draws inspiration from fighting games, platformers, MOBAs, life sims, and frog-type games.” The studio said its still-untitled, what-exactly-is-a-frog-type-game-anyway game will be set in a “lighthearted, comedic world set in brand-new, mythic, science-fantasy universe.” Platforms and release date were not announced.Bungie first teased TeamLFG’s project in the summer of 2023, when it ramped up hiring for a project that would require “team members with diverse backgrounds.” Bungie said at the time that the incubation team was “designing for depth, mastery, and Bungie’s signature action feel, as well as a friendly, inclusive community.”TeamLFG’s mission statement to make “immersive multiplayer worlds propelled by action games that players can learn, play, and master for countless hours” sounds in line with Bungie’s goals with Destiny 2 and the rebooted Marathon. But the new studio’s untitled live-service project sounds quite different in tone and target audience.Sony Interactive Entertainment acquired Bungie in 2022 as part of a $3.6 billion deal. The studio has remained multiplatform, and was intended to stay independent from SIE. But in the ensuing years, Bungie delayed projects and laid off hundreds of employees — and in 2024, Bungie announced it was “deepening our integration with Sony Interactive Entertainment” and moving 155 employees to SIE. That also meant spinning out the incubation project and team that would ultimately become TeamLFG.Bungie is still plugging away at Destiny 2 — the studio announced two new expansions coming to the game on Tuesday — and working on extraction shooter Marathon for a September release.See More: