Rumor has it that Sony is setting its sights on a major acquisition, specifically targeting Kadokawa, the parent company of FromSoftware. If this pans out, it could be a game-changer.
Insiders have shared with Reuters that if negotiations go smoothly, we could see a deal happening in a matter of weeks. Before this buzz, Kadokawa’s market value was pegged at $2.7 billion, and Sony’s shares upticked by 0.6%.
Currently, Sony holds a 2% stake in Kadokawa, along with a direct stake in FromSoftware, the brilliant minds behind Elden Ring. When questioned, both Sony and Kadokawa opted to stay tight-lipped.
Elden Ring made a dazzling debut in 2022, emerging as a collaboration between the renowned Japanese developer FromSoftware and George R.R. Martin, the author behind A Song of Ice and Fire. Critics and gamers alike showered it with praise, marking yet another triumph for FromSoftware.
In our review, we raved: “All things considered, Elden Ring represents a monumental success not just for FromSoftware, but for the gaming industry as a whole. It reinvents the tired open-world formula, emphasizing discovery and player freedom. By stripping away the endless markers and quest objectives popularized by games since The Witcher 3, it breathes new life into the genre.”
