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- Sony and Kadokawa’s recent rumors have culminated in a major deal.
- The former has purchased Kadokawa shares worth nearly $330 million to become the majority stakeholder.
- This collaboration will leverage the latter’s anime and gaming IPs for future projects.
Over the last few weeks, much has been said about Sony’s intentions to acquire Kadokawa. FromSoftware’s parent company also confirmed discussions on the subject, and many employees seemed quite optimistic about this deal.
Following such rumors, the deal has been made official. While the gaming giant has not fully acquired Kadokawa, Sony has become the company’s majority shareholder. Sony already owned 14% of FromSoftware’s shares since 2020, and now their total shares in the Kadokawa group are 10%.
Why it matters: Kadokawa owns the rights to various important IPs. The company has a major presence in the anime business, and it owns FromSoftware, one of gaming’s biggest studios today.
As per Sony’s official press release, it has signed a strategic partnership with Kadokawa. This partnership puts it in a power position after the purchase of 12,054,100 shares, giving the company ownership to nearly 10% of Kadokawa’s shares.
This purchase has cost the gaming giant nearly $330 million, giving Sony a part in future projects related to Kadokawa IPs. While this collaboration is unlikely to result in exclusive AAA titles, it might lead to platform-specific content for future FromSoftware games.
Sony has made it clear that it will focus on anime, live-action films, and games for existing IPs through this collaboration.
The two companies plan to discuss specific initiatives for collaborations, such as initiatives to adapt Kadokawa’s IPs.
FromSoftware is currently working on Elden Ring Nightrein, so it will be interesting to see if Sony’s stake in the parent company impacts this release in any way.
Perhaps the gaming giant will secure priority for PlayStation in terms of specific optimizations or timed content. This has been a common strategy from PlayStation in the past, especially for games like Call of Duty.
What are your thoughts on the gaming giant’s stake in FromSoftware’s parent company? Let us know in the comments, and join the Tech4Gamers Forums for more discussions.
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[News Reporter]
Avinash is currently pursuing a Business degree in Australia. For more than three years, he has been working as a gaming journalist, utilizing his writing skills and love for gaming to report on the latest updates in the industry. Avinash loves to play action games like Devil May Cry and has also been mentioned on highly regarded websites, such as IGN, GamesRadar, GameRant, Dualshockers, CBR, and Gamespot.
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