Now that it's broken away from Activision, Bungie is in charge of its own Destiny...and it should be a bright future.
Few studios with stellar AAA power remain independent as long as Bungie has, but the devs have managed to stay in charge of their own future by consistently navigating the industry will skill, luck, and a proven track record. Having split from Activision and gained full control over the Destiny IP, Bungie is looking to a future where it self-publishes its own games--including the next Destiny game. But there's other things in the works, too: Bungie received a $100 million investment from Nexon to fund a "bold new vision," and is reportedly working on a brand new IP (possibly related to its Matter trademark).
Despite all these plans and moving parts, Bungie remains strongly committed to the Destiny brand. The series isn't going anywhere any time soon now that Bungie is in total control of it. Series director Luke Smith says as much in a recent weekly update: "Long-term, Bungie is committed to Destiny. We created the universe and we hold its future entirely in our hands. The vast majority of the team is hard at work envisioning future experiences, enemies, and ways to play the Guardian you've been building since 2014. We're going to keep doing that."