PlayStation Expands Its Share In Elden Ring Developer From Software And Isn’t Its Only Investor
Sony acquired the acclaimed company as majority shareholder Kadokawa Corp. and will share it with Tencent.
Large video game companies live on not only through acquisitions, but also smaller or larger engagements in third-party companies. this is the case Sony Interactive Entertainment and Tencent As we learned this morning, it forms a significant part of the capital. from softwareThe development team responsible for Bloodborne, Dark Souls and Elden Ring.
Kadokawa Corporation, parent company of FromSoftware Inc., announced the operation in a statement as of today placing the shares acquired by the organizers of PlayStation and Tencent at 14.09% and 16.09% respectively. In this way, more than 30% of the company will be in the hands of two of the most important companies in the video game world, and Kadokawa Corporation will have 69.7% control over the company.
Total cost of capital acquired by SIE and Tencent is 36,399.550,000 yen (262 million € change) and Kadokawa Corp. is justified to increase its value in the medium and long term, while increasing its value. two key partners.
FromSoftware’s distribution policies are unlikely to change, as both companies’ participation is far from 50%, but no doubt SIE and Tencent clearly demonstrate their confidence in the future of a successful studio with this move. sold more than 16 million Elden Rings this year.
Elden Ring is one of the few industry-leading games with a design that works with both open world and dungeons, nonstop content that can fill several games and DLCs, and nearly 100 hours of duration, each with an intense intensity. . You can learn more about the video game by reading the Elden Ring review on the 3D Games pages.
Source: 3D Juegos
