Market
Sony announces new collaborative project with Kadokawa by September 30, 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Sony or Kadokawa's press releases
Story
Sony Acquires 10% Stake in Kadokawa for 50 Billion Yen ($318 Million), Becomes Largest Shareholder in FromSoftware Parent Company
Dec 19, 2024, 11:33 AM
Sony Group has officially announced a strategic capital and business alliance with Kadokawa, the parent company of FromSoftware, known for titles such as Elden Ring. As part of this agreement, Sony will acquire approximately 12 million new shares of Kadokawa for around 50 billion yen (approximately $318 million), raising its total stake to about 10%. This acquisition makes Sony the largest shareholder in Kadokawa. The partnership aims to enhance collaboration on various intellectual properties, including potential adaptations of Kadokawa's content into live-action films, TV dramas, and anime productions. Following the announcement, Kadokawa's stock experienced a decline of 15.95% in after-market trading, while Sony's shares rose by 1.54%. The deal is set to take effect in January 2025.
View original story
Similar markets
Film • 25%
Television series • 25%
OVA • 25%
No new project • 25%
No • 50%
Yes • 50%
New gaming IP • 25%
Other • 25%
Elden Ring related • 25%
Existing Kadokawa IP • 25%
Other IP project • 25%
New video game • 25%
Film or TV series • 25%
Anime series • 25%
Remains the same • 25%
Increased • 25%
Decreased • 25%
Sold entirely • 25%
Beyond the Spider-Verse • 25%
Spider-Man 4 within the MCU • 25%
Other Spider-Man project • 25%
Spider-Noir series • 25%