FromSoftware's parent company confirms that Sony is looking to buy it out

FromSoftwarereleased today acknowledging those reports, Kadokawa said that while no formal announcement about a possible buyout has been made,"the company has received an initial letter of intent to acquire the company's shares."

Snapping up Kadokawa would be a big get for Sony. FromSoft is obviously a crown jewel, but Kadokawa has its fingers in many pies, particularly anime and manga development and publication; it also owns, through its Dwango subsidiary, Danganronpa studio Spike Chunsoft. In its latest, Kadokawa reported significantly more income from its"publication/IP creation" operations and animation/film than gaming.

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Sony is rumoured to be snapping up FromSoftware's parent company in the industry's ongoing mission to be consolidated to hell and backMollie spent her early childhood deeply invested in games like Killer Instinct, Toontown and Audition Online, which continue to form the pillars of her personality today. She joined PC Gamer in 2020 as a news writer and now lends her expertise to write a wealth of features, guides and reviews with a dash of chaos.
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