Sony in talks to buy FromSoftware parent company in potentially massive deal

  • 📰 DigitalTrends
  • ⏱ Reading Time:
  • 30 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 65%

Gaming News

Elden Ring,Fromsoftware,Kadokawa

Sony is looking to acquire Kadokawa, the parent company of Elden Ring developer FromSoftware, according to a new report.

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.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 95. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sony May Be Buying FromSoftware’s Parent Company, Says ReportI’ve been writing about video games, television and movies for Forbes for over 10 years, and you may have seen my reviews on Rotten Tomatoes and Metacritic. I cover all manner of console and PC games, but if it’s about looting or shooting, I’m definitely there. If I’m watching something, it’s usually science fiction, horror or superheroic.
Source: ForbesTech - 🏆 318. / 59 Read more »