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Will Kadokawa release a new game developed by FromSoftware by December 31, 2025?
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Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements or release information from Kadokawa or FromSoftware
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Sony Acquires 12 Million Shares for 50 Billion Yen, Securing 10% Stake in Kadokawa
Dec 19, 2024, 09:36 AM
Sony Group has officially announced a strategic capital and business alliance with Kadokawa, acquiring approximately 12 million new shares for about 50 billion yen (approximately $318 million). This move raises Sony's stake in Kadokawa to around 10%, making it the largest shareholder of the Japanese media company, which owns FromSoftware, the studio behind popular titles such as Elden Ring and Dark Souls. The partnership aims to enhance collaboration on Kadokawa's intellectual properties, potentially expanding into film, television, and anime production. Following this announcement, Kadokawa's stock fell by 15.95% in after-market trading, while Sony's shares increased by 1.54%.
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Similar markets
Increase by more than 5% • 25%
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Existing Kadokawa IP • 25%
Elden Ring related • 25%
New gaming IP • 25%
Other • 25%
Other existing IP • 25%
New Xenoblade Chronicles title • 25%
New Zelda-related title • 25%
Completely new IP • 25%
Nintendo Switch • 25%
Mobile platforms • 25%
Other platforms • 25%
Nintendo's next-gen console • 25%
