Andura: Created page with "{{News |seo_title=Sony to Acquire a Larger Stake in Kadokawa |seo_keywords=Sony |image=Sony_logo_black_1200x630.png |tags=Sony |date=2024-12-19T19:43:23.000Z |sources={{NewsSource |source=Games Industry |url=https://www.gamesindustry.biz/sony-to-become-largest-shareholder-of-fromsoftware-parent-kadokawa-corporation |article=News/Sony to Acquire a Larger Stake in Kadokawa }} |author=Andura |category=Mergers and Acquisitions |content=Sony is increasing i..."

2024-12-19T19:45:00Z

Created page with "{{News |seo_title=Sony to Acquire a Larger Stake in Kadokawa |seo_keywords=Sony |image=Sony_logo_black_1200x630.png |tags=Sony |date=2024-12-19T19:43:23.000Z |sources={{NewsSource |source=Games Industry |url=https://www.gamesindustry.biz/sony-to-become-largest-shareholder-of-fromsoftware-parent-kadokawa-corporation |article=News/Sony to Acquire a Larger Stake in Kadokawa }} |author=Andura |category=Mergers and Acquisitions |content=Sony is increasing i..."

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{{News
|seo_title=Sony to Acquire a Larger Stake in Kadokawa
|seo_keywords=Sony
|image=Sony_logo_black_1200x630.png
|tags=Sony
|date=2024-12-19T19:43:23.000Z
|sources={{NewsSource
|source=Games Industry
|url=https://www.gamesindustry.biz/sony-to-become-largest-shareholder-of-fromsoftware-parent-kadokawa-corporation
|article=News/Sony to Acquire a Larger Stake in Kadokawa
}}
|author=Andura
|category=Mergers and Acquisitions
|content=[[Companies/Sony|Sony]] is increasing its stake in Kadokawa Corporation, positioning itself as the largest shareholder in the parent company of Elden Ring developer FromSoftware.

Under a new “strategic capital and business alliance agreement,” Sony will acquire over 12 million new shares in Kadokawa for approximately ¥50 billion ($318 million), with the transaction set to close on January 7, 2025. This move will bring Sony’s total stake in Kadokawa to around 10%, adding to the shares it purchased in February 2021.

Sony also holds a 14% stake in FromSoftware, which is owned by Kadokawa. This expanded investment solidifies Sony’s influence over the company, which has become a major player in the gaming industry due to its ownership of FromSoftware.

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The agreement between the two companies goes beyond the purchase of shares, as they plan to collaborate on a variety of projects. These include adapting some of Kadokawa’s intellectual property (IP) into live-action films and TV shows, co-producing anime projects, and expanding the publishing and distribution of both Kadokawa’s anime and video game properties.

This announcement follows Sony's recent indication that it was considering acquiring a larger stake in Kadokawa, signaling a deeper commitment to working with the company.

In addition to FromSoftware, Kadokawa owns several other key companies in the gaming industry, including developer Spike Chunsoft, Octopath Traveler co-developer Acquire, and RPG Maker studio Gotcha Gotcha Games.
}}

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