Sony is looking to acquire Kadokawa, the parent company of Elden Ring developer FromSoftware, according to a new report.
Recommended Videos Sony already had an approximate 2% stake in the media company. This deal was announced in 2021, but in 2022, Kadokawa announced that Sony and Tencent bought around 30% of the company’s shares, with Sony holding around 14%. Related “FromSoftware will aim to proactively invest in development of more powerful game IP for itself to strengthen FromSoftware’s development capabilities and will seek to establish a framework that allows the expansion of the scope of its own publishing in the significantly growing global market,” Kadokawa’s announcement read.
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