reuters.com/markets/deals/sony-talks-buy-media-powerhouse-behind-elden-ring-sources-say-2024-11-19

NEW YORK/TOKYO, Nov 19 (Reuters) - Sony (6758.T), opens new tab is in talks to acquire Kadokawa (9468.T)
, opens new tab, the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio.
The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks, the sources said.
Sony declined to comment. Kadokawa said it cannot comment.

Update:

Wake up… @Kenig

Not good, ive never really seen a major acquisition of a gifted videogame studio turn out better games. They were too good to be true i guess.

Can’t be true 💔

HOLY S***

it's so over...

F*** no man

do they even have money for this? broke asses

Well it was nice knowing ya

Kadokawa market cap is like 3bil lol. Change for them

When Sony forces them to focus all their resources on making a mutliplayer game to compete with Microsoft, gets approved by bungie, then flops hard when it releases and Sony dismantles the whole company and merges it with their other studios

miyazaki opening up his own studio like kojima after the acquisition

Dont think Miyazaki gaf who his boss is so long as he keeps getting funding lol

Tbf From Software already kinda his studio

They had to nerf From Software somehow

he gonna care when sony got him making live service souls

Btw this is the result of Microsoft buying Bethesda and Activision for all the people in the back that said it was gonna be good for the industry

at least they didn't remove the games from all other platforms

Sony will be day of release with PC in the next 5 years I'm certain

Kadokawa does a lot with the anime industry anyway though, that s*** will be massive if it goes through. Sony will have so much control of that industry. Fromsoft is a money maker they'll let them do wtf they want.

Yes

fromsoft fanboys deserve this

more annoying than the cdpr dorks that got silenced after cyberpunk