Sony is apparently in talks to acquire the parent company of Elden Ring maker From Software, Kadokawa.
Reuters reports that a deal could actually be signed within a few weeks, though neither company has commented on the matter.
Sony already owns a 14 per cent slice of From Software, as well as a two per cent stake in Kadokawa. In addition, the company already owns the Bloodborne and Demon Souls IPs having published both titles. This deal would see PlayStation snap up Kadokawa’s 69.9 per cent stake in From Software, while it appears that Tencent will likely keep its 16 per cent slice of the company.
Kadokawa’s shares closed 23 per cent up at the close of trading.
Kadokawa recently said it hoped to expand its PC and console publishing business.
PCGamesInsider Contributing Editor
Alex Calvin is a freelance journalist who writes about the business of games. He started out at UK trade paper MCV in 2013 and left as deputy editor over three years later. In June 2017, he joined Steel Media as the editor for new site PCGamesInsider.biz. In October 2019 he left this full-time position at the company but still contributes to the site on a daily basis. He has also written for GamesIndustry.biz, VGC, Games London, The Observer/Guardian and Esquire UK.