Sony is really interested in taking over Kadokawa, the company that owns the creator of Elden Ring – INDIA

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Sony really interested in buying a holding company Kadokawa Corporation. This was confirmed in an official statement by representatives of the Japanese media house, which owns, among other things, the studio. FromSoftware subscribed to Dark Souls, Bloodborne, Armored Core VI: Fires of Rubicon, Sekiro: Shadows Die Twice or Elden Ring.

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“Kadokawa has received a letter of intent to purchase shares of the company, but at the moment no decision has been made. If there is any information that needs to be released to the public, we will announce it in due course.” said a representative from Kadokawa Corporation. However, he confirmed Reuters reports published earlier this week. She cited two sources familiar with the situation.

Kadokawa is the majority owner of the Japanese studio FromSoftware. Owns 69.66%. Sony Interactive Entertainment owns 14.09% of the shares.

In addition, Kadokawa owns Spike Chunsoft (developer of Dragon Ball: Sparking! Zero) and bought the Tokyo-based company earlier this year. Purchase. Players will learn about this from Octopath Traveler, Octopath Traveler II and Mario & Luigi: Brotherhood.

Plus he’s Kadokawa media conglomerate focused on publishing activities. He owns many brands of animation, manga and toys. The market price before the news of the Sony acquisition was $2.7 billion.

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Source :Indian TV

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