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NEW YORK/TOKYO (Reuters) -Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks ...
As per the deal, KADOKAWA will conduct a third-party allotment to Sony on January 7, 2025, under which Sony will acquire 12.05 million new KADOKAWA shares for approximately 50 billion yen (around ...
Shares in Kadokawa, which controls "Elden Ring" developer FromSoftware, closed up 16% in Tokyo on Wednesday, adding to a 23% jump on Tuesday after the report. ... Sony, whose stock ended up 2.8% ...
As part of the agreement, Kadokawa is set to collaborate with Sony on projects involving its IPs, including anime co-productions, live-action adaptations, and widening distribution. [16] On February 2025, Kadokawa announced the merger of Dwango, BookWalker and Kadokawa Connected into one company, with Dwango being the surviving company. This ...
FromSoftware is owned primarily by Kadokawa Corporation, with minority stakes by Tencent subsidiary Sixjoy Hong Kong and Sony Interactive Entertainment. FromSoftware usually self-publishes in Japan and has partnered with publishers such as Agetec , Sony , Bandai Namco Entertainment , Sega , Capcom , Nintendo and Plaion (formerly as Koch Media ...
Sony Pictures Entertainment [106] 2 September 2020: Sony Financial Holdings: Financial services JPN: 3,700,000,000 Sony Financial Group [107] [108] 1 October 2020: Nevion On-set virtual production NOR — Sony Corporation [109] [110] 12 November 2020: Pure Flix: Film, television, video on demand USA — Sony Pictures Entertainment [111] 4 ...
Sony Group said on Thursday it will invest about 50 billion yen ($320 million) to acquire new shares of Kadokawa, raising its stake in the Japanese media powerhouse to around 10% and becoming ...
Sony Marketing Inc., a subsidiary of Sony Corporation, merged the following company in April 2021. [24] Sony Business Solutions Corporation; Sony Semiconductor Solutions Corporation. Sony LSI Design Inc. - Merged into Sony Semiconductor Solutions Corporation in April 2022. [25] Sony Interactive Entertainment. 989 Studios; Bigbig Studios ...