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Sony Negotiating Potential Acquisition of Kadokawa

by Glenn Welch
November 19, 2024
in PlayStation
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Rumor has it that Sony is considering a major acquisition, setting its sights on Kadokawa, the parent company of FromSoftware. If this rumor holds true, it could shake things up significantly.

According to Reuters, insiders suggest that if all goes well, the deal might be finalized in the upcoming weeks. Before this report emerged, Kadokawa boasted a market value of around $2.7 billion, while Sony’s shares ticked up by 0.6%.

Currently, Sony already owns a 2% stake in Kadokawa and also has a direct investment in FromSoftware, the studio behind Elden Ring. Both Sony and the involved companies have opted not to comment further on these potential negotiations.

Elden Ring hit the shelves in 2022, born from a collaboration between renowned Japanese game developer FromSoftware and George R.R. Martin, the mind behind A Song of Ice and Fire—the inspiration for Game of Thrones. The game has been hailed as a standout success for FromSoftware, earning acclaim from critics and players alike.

In our review, we noted, “When you look at Elden Ring, it’s clear that this isn’t just a triumph for FromSoftware but a milestone for gaming as a whole. It reinvents the tired open-world format by emphasizing exploration and player autonomy. Gone are those intrusive markers and quest objectives that have cluttered many open-world games since The Witcher 3, breathing new life into the genre.”

Tags: PotentialAcquisitionSonyNegotiatingKadokawa
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