in a statement which said Kadokawa had received"an initial letter of intent to acquire the company's shares." In what I would argue is a rather bold claim, Ybarra, it's probably a top 2 acquisition in video gaming in the last 15+ years if not ever ."
Ybarra says that FromSoftware is"incredible," creating games that are"AAA and epic," whatever that means."The only thing bigger would be buying Valve or Nintendo," Ybarra concludes."And I don't see either of those happening in any scenario. Exciting times." Now listen, I agree that Sony snagging a juggernaut like Kadokawa is a pretty big deal. The conglomerate has its fingers in all sorts of pies—videogames, film, anime and manga, the latter of which Sony has undeniably been trying to increase its ownership of in recent years—but I'm not sure I'd exactly liken it to a Valve or Nintendo-level acquisition. Hey, maybe I'm wrong, and I'm greatly underestimating Kadokawa's power.
I do find it interesting that Ybarra is only focusing on the FromSoftware part of the potential acquisition here, too. Like I said, Kadokawa encompasses far more than that, and I'd bet that Sony has its eyes on far more than just the videogame developers it could get its hands on. After all, Sony already owns Crunchyroll, which it merged with its earlier acquisition of Funimation back in 2022.
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