Loading...
Market
Will Sony acquire Kadokawa Corporation by June 30, 2025?
4
Kadokawa Corporation•Japanese•Elden Ring•Sony•Kadokawa•FromSoftware•Dark Souls•Spike Chunsoft•Acquire•Tokyo•Tencent
Resolution / Starting Odds
Yes • 50%
No • 50%
Official announcements from Sony or Kadokawa, 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
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%
Completed • 25%
Withdrawn • 25%
Rejected by regulators • 25%
Other • 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%
Sony completes acquisition • 25%
Talks fall through • 25%
Acquisition delayed beyond 2024 • 25%
Partial acquisition or partnership • 25%
Increased • 25%
Decreased • 25%
Remains the same • 25%
Sold entirely • 25%
