Sony has been in talks to acquire Kadokawa, which owns the majority shares of FromSoftware, the developer of Elden Ring. was on the agenda.
First shared by Reuters and through a recent interview verified This important information attracted a lot of attention in the gaming world. As far as it was officially announced today, Sony did not choose the direct acquisition route. The company instead became Kadokawa Corporation’s largest shareholder with a $300 million share purchase. With its latest investment, the Japanese giant increased its total ownership in the company to 10 percent. Here, FromSoftware, which is under the umbrella of Kadokawa, and its incredibly successful game Elden Ring stand out.. FromSoftware has released the latest Shadow of the Erdtree add-on for Elden Ring. It is among the most prestigious companies in the gaming world. Sony, which has been on the agenda lately with the PlayStation 5 Pro game console it has just introduced to the market, made a splash with its decision to close down Firewalk Studios, the studio that made the Concord game, which was a huge failure for itself on the gaming side. Concord, if you missed it, was one of the biggest gaming flops of this year. The production, which was stated to have caused serious losses to Sony, was released on both PS5 and PC on August 23, but Sony decided to close the game on September 6 due to very low sales. Sony, which permanently closed down Firewalk Studios and the game, which it owned by purchasing as part of the last ditch effort, also decided to close down mobile game developer Neon Koi.