FromSoftware parent company confirms Sony’s acquisition interest

Reports that Sony was in talks to acquire Kadokawa, the Japanese media conglomerate that owns Elden Ring developer FromSoftware, have been confirmed. Kadokawa has released a short statement acknowledging Sony’s intention but stating that no decision had been made. Read the full letter below: > There are some articles on the acquisition of Kadokawa Corporation by Sony Group Inc. However, this information is not announced by the Company.

In addition to owning a majority stake in FromSoftware, Kadokawa also owns Danganronpa developer Spike Chunsoft and Octopath Traveller studio Acquire. Beyond video games, Kadokawa’s holdings also include a number of anime, manga, TV, and film production companies. Sony already owns a 2 percent stake in Kadokawa, as well as 14 percent stake in FromSoftware. Sony’s recent acquisitions have been a sore point for the console maker.

United States United States Latest News, United States United States Headlines

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

FromSoftware Being Owned by Sony Would Be Horrible for the Gaming IndustryOne of the gaming industry's premiere developers potentially being locked down to a single platform doesn't benefit fans whatsoever.
Source: ComicBook - 🏆 65. / 68 Read more »

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 »

Sony in talks to buy FromSoftware parent company in potentially massive dealDT Video
Source: DigitalTrends - 🏆 95. / 65 Read more »