Sony Engages in Acquisition Discussions with Kadokawa

Rumor has it that Sony is considering a major acquisition in the gaming world, targeting Kadokawa, the parent company of FromSoftware. If these whispers hold any truth, it could mark a significant shift in the industry.

According to sources from Reuters, discussions are progressing, and a deal might be on the horizon as soon as in the coming weeks. Before this news surfaced, Kadokawa’s market value stood at an impressive $2.7 billion, while Sony saw a slight increase of 0.6% in their share price.

Sony currently holds a 2% stake in Kadokawa and also has direct investments in FromSoftware, the brains behind Elden Ring. However, when approached for comments, both companies have chosen to stay silent.

Elden Ring, which hit the market in 2022, is a collaborative effort between the Japanese studio FromSoftware and renowned author George R.R. Martin, best known for his work on A Song of Ice and Fire, the inspiration for the Game of Thrones series. The game was met with widespread acclaim, adding another feather in FromSoftware’s cap.

In our review, we described Elden Ring by saying: “When everything is taken into account, Elden Ring represents a monumental success for FromSoftware and is a triumph for the gaming industry as a whole. It refreshes the overdone open-world formula by emphasizing exploration and player freedom. Unlike so many games riding on the coattails of The Witcher 3, it does away with restrictive markers and quest objectives, breathing new life into the open-world experience.”