In an exclusive report published today by Reuters, it was claimed that Sony is in talks to purchase Kadokawa, the corporation that owns the majority of FromSoftware, the developer of Elden Ring. It was claimed in the report that Sony wants to acquire the ‘media powerhouse’ and that a deal could be signed ‘in the coming weeks’.
Despite the claims being corroborated by two trusted sources close to Reuters and the deal, both Sony and Kadokawa have declined to comment.
Another Bag
Sony is reportedly looking to acquire FromSoftware’s parent corporation, Kadokawa. That claim comes hot off the press from Reuters in an exclusive report, and it comes just a few months after FromSoft released Shadow of the Erdtree, an expansion so good it’s being considered for Game of the Year at the upcoming The Game Awards showcase.
Presently, Kadokawa owns a 70% stake in FromSoftware, and Sony has around a 14% share. Rolling it up, Sony already has a 2% stake in Kadokawa Corporation, but other gaming titans, like Tencent, also own a piece of the company.
Kadokawa’s history stretches back to 1945, when the company was founded as a publisher of books and magazines, before expanding to cover video games in the 1990s. FromSoftware has been operational since 1986 when it was founded to create ‘business software’ Like Kadokawa, FromSoftware turned to video games in the 1990s.
What do you think about this potential acquisition? Do you think it’s a good idea for Sony to pick up FromSoftware? Let us know on the Insider Gaming forum.
For more Insider Gaming coverage, check out the news about the Assassin’s Creed Syndicate 60 FPS update
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