Gabriel Stanford-ReisingerWord on the street is Sony is eyeing a new big acquisition — FromSoftware parent, Kadokawa. This could be a huge deal if proven true.
Sources tell Reuters that if successful, the talks could lead to a deal as soon as the coming weeks. Prior to the report, the game maker’s market capitalization sat at $2.7 billion, with Sony closing up their shares at 0.6%.
Sony itself has a 2% stake in Kadokawa while also having a direct stake in Elden Ring developer, FromSoftware. Both parties declined to comment when reached out to by the outlet.
Elden Ring debuted in 2022 as a collab between Japanese game developer FromSoftware, best-known for making their own type of genre, and A Song of Ice and Fire — the base of Game of Thrones — author, George R.R Martin. It found to critical acclaim as yet another massive hit for FromSoft.
In our review we said: “All things considered, Elden Ring is a crowning achievement for FromSoftware but also for gaming. It takes the overused open world formula and flips it with a focus on exploration and freedom. It eliminates those limiting markers and quest objectives which every game since The Witcher 3 has used and that have really dampened the open world formula.”
