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Sony’s rumored move to acquire Warner Bros. gaming assets could make the next Batman game an exclusive, leaving Xbox players ...
Sony also owns a minority of shares within FromSoftware, so buying Kadokawa would transfer ownership of the Elden Ring developer to Sony, along with ownership of Spike Chunsoft and Acquire.
Sony acquires 12,054,100 new KADOKAWA shares for 50 billion yen, raising its stake to 10% and becoming KADOKAWA's largest shareholder, including shares from 2021.
Sony Group Corporation SONY announced a strategic capital and business tie-up with KADOKAWA CORPORATION ("KADOKAWA"), aimed at transforming the global entertainment landscape. The agreement includes a ...
Sony willbe acquiring 12,054,100 new Kadokawa shares for approximately ¥50 billion (£253,000).
Sony appears set to strengthen its global content competitiveness using KADOKAWA as a springboard. This strategy involves adapting popular IP into various media, such as animation, film, and games ...
Instead, Sony has announced that it has simply acquired a further stake in Kadokawa, spending roughly $318 million to purchase 12,054,100 new shares.
Sony will not be acquiring Kadokawa after all. Both companies have announced a strategic partnership that sees Sony purchasing 10% of Kadokawa's stock for 50 billion yen, or about $319.5 million.
Kadokawa owns 70% of FromSoftware, while Sony already has a 14% stake in the developer of the Souls games, Sekiro, Bloodborne, Armored Core, and more. Chinese gaming giant Tencent owns around 16% ...
The deal, which will be effective on January 7, 2025, will result in Sony becoming KADOKAWA's largest shareholder, acquiring ...
Sony Now Becomes Largest Shareholder in Kadokawa Corporation The press release today mentions that Sony is acquiring 12,054,100 new Kadokawa shares for approximately 50 billion yen ($318,725,000 ...
With the acquisition of the new shares, Sony will become Kadokawa’s largest shareholder, holding approximately 10% of its shares, including the shares Sony previously acquired in February 2021.