27
Exclusive: Sony is in talks to buy media powerhouse behind 'Elden Ring' (www.reuters.com)
submitted 2 days ago by slimerancher@lemmy.world to c/playstation@lemmy.world
10 comments fedilink hide all child comments

Some important bits:

Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the “Elden Ring” game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio.

The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks, the sources said. Kadokawa’s shares closed up 23% at their daily limit. Its market capitalisation was around $2.7 billion prior to the Reuters report. Sony’s shares closed up 0.6%.

Sony declined to comment. Kadokawa said it cannot comment.

Sony already has a 2% stake in Kadokawa and a stake in Kadokawa controlled FromSoftware, the developer of the hit fantasy action role-playing game.

you are viewing a single comment's thread
view the rest of the comments
[-] formergijoe@lemmy.world 4 points 2 days ago

They aren't trying to buy FromSoft, they are trying to buy FromSoft's parent company Kadokawa, which may want to sell themselves.

There's a lot of anime and manga publishing groups under this company as well. Kadonawa produced Dungeon Meshi, Sword Art and it's spinoffs, Made in Abyss, Overlord, and tons more that weren't familiar to me. This works well for Sony because they bought Crunchyroll and Funimation, so monopolizing on more of the anime industry is probably the real driving force.

[-] MentalEdge@sopuli.xyz 5 points 2 days ago

That's an even bigger "no" from me.

this post was submitted on 19 Nov 2024
27 points (100.0% liked)

PlayStation

5236 readers
8 users here now

The PlayStation community for Lemmy! Come and join us for daily news and discussions!

Rules:

  1. Stay on topic.
  2. No hate speech or personal attacks.
  3. No console wars or PC elitism. We are all gamers.
  4. Be a decent human.
  5. No piracy talk, links, or directions to copy-written content. Emulation discussions are allowed.
  6. No NSFW content, shilling, self promotion, ads, spam, low effort posts, memes, trolling, etc.
  7. All bots must have mod permission prior to implementation and must follow instance-wide rules. For lemmy.world bot rules click here
  8. Do not make false reports. If you believe a post is a borderline rule break that is fine, but using the report feature as a super-downvote is not allowed. You will be met with a warning, followed by a ban for abuse of the report feature.
  9. Have fun!

Other Gaming Communities:

Remote Play Resources:

For questions, collabs, or really anything, message me directly at: @cosmicsploogedrizzle:matrix.org

SEO Tags: PlayStation 5 , PS5 , Game , Gaming , Games , Sony , Studios , Nintendo , Xbox , Microsoft , Next Gen , Unreal , Decima Engine , Exclusive , Dualshock , Dualsense , Dual Sense , SIE , Sony Interactive Entertainment , HBO , The Last of Us , Horizon , Spiderman , Spider-man , Spider Man , God of War , PSVR , Virtual Reality , MLB , Returnal , Death Stranding , Ratchet and Clank , Ghost of Tsushima , Demon’s Souls , Naughty Dog , Santa Monica , Housemarque , Sucker Punch , Bungie , Destiny , Insomniac , Guerilla , Bend , Asobi , San Diego

founded 1 year ago
MODERATORS
PBPunch@lemmy.world
slimerancher@lemmy.world
CosmicSploogeDrizzle@lemmy.world