Report: Sony in Talks to Buy Kadokawa, Owner of Elden Ring and Dark Souls Developer FromSoftware
Sony is reportedly in talks to buy Kadokawa, whose subsidiary FromSoftware is behind smash hit Elden Ring and the Dark Souls games.
Reuters reports that Sony is looking to add to its entertainment portfolio. Kadokawa’s business extends into areas that fit into Sony’s broader entertainment business, which includes anime, manga, TV, and film.
Talks between Sony and Kadokawa are reportedly ongoing. If the talks are successful, Reuters said, a deal could be signed in the coming weeks.
Sony and Kadokawa declined to comment when asked by Reuters.
As Reuters pointed out, Sony has a small stake (2%) in Kadokawa and FromSoftware. Kadokawa is the majority owner of FromSoftware, with around 70% of the company. Sony already owns around 14% of FromSoftware, with Tencent owning around 16%.
Assuming the deal goes through, FromSoftware’s army of fans face the prospect of its games going PlayStation console exclusive, although FromSoftware has yet to announce its next game to follow this year’s Elden Ring DLC, Shadow of the Erdtree.
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Wesley is the UK News Editor for IGN. Find him on Twitter at @wyp100. You can reach Wesley at wesley_yinpoole@ign.com or confidentially at wyp100@proton.me.
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