Loading...
Market
How will Sony's stake in FromSoftware change post-acquisition by June 30, 2025?
3
Kadokawa Corporation•Japanese•Elden Ring•Sony•Kadokawa•FromSoftware•Dark Souls•Spike Chunsoft•Acquire•Tokyo•Tencent
Resolution / Starting Odds
Increased stake • 25%
Decreased stake • 25%
No change • 25%
Other outcome • 25%
Official announcements from Sony or major financial news outlets
Story
Sony in Talks to Acquire Kadokawa, Expanding Anime and Gaming Holdings
Nov 19, 2024, 09:10 AM
Sony Group Corp. is in talks to acquire Kadokawa Corporation, the Japanese media conglomerate behind the hit game 'Elden Ring', according to sources familiar with the matter. The acquisition would enhance Sony's entertainment portfolio by adding Kadokawa's extensive assets in gaming, anime, manga, and film. Kadokawa owns FromSoftware, developer of popular titles such as 'Elden Ring' and 'Dark Souls', as well as studios like Spike Chunsoft and Acquire. Both Sony and Kadokawa declined to comment on the potential deal, with Kadokawa stating that "nothing has been decided at this moment." In response to the news, Kadokawa's stock closed up 23% on Tuesday in Tokyo, reaching the daily limit-high. Sony and Tencent already own stakes in FromSoftware, and acquiring Kadokawa would further strengthen Sony's position in gaming and increase its control over anime and manga distribution. Kadokawa has a market capitalization of approximately $2.7 billion.
View original story
Similar markets
Increased • 25%
Decreased • 25%
Remains the same • 25%
Sold entirely • 25%
Released earlier than expected • 25%
Released on time • 25%
Delayed • 25%
No impact • 25%
Acquisition Completed • 25%
Talks Called Off • 25%
Talks Still Ongoing • 25%
Other Outcome • 25%
Acquisition completed • 25%
Talks ended without acquisition • 25%
Acquisition delayed • 25%
Other outcome • 25%
New Elden Ring sequel • 25%
New Dark Souls game • 25%
Entirely new IP • 25%
Remaster of existing game • 25%
Acquisition completed • 25%
Talks discontinued • 25%
Acquisition modified • 25%
No decision by deadline • 25%
A gaming company • 25%
A media company • 25%
A technology company • 25%
No further acquisitions • 25%