Sony Becomes Largest Shareholder of Anime Powerhouse and FromSoftware Owner Kadokawa

Image for article Sony Becomes Largest Shareholder of Anime Powerhouse and FromSoftware Owner Kadokawa
News Source : Newsweek

News Summary

  • Sony and Kadokawa have entered a "strategic partnership" The companies confirmed the deal this week, which comes into effect from January 7, 2025
  • The deal won't have any "material impact" on Sony's consolidated financial reports for Q4 2024
  • Sony already had a 14% stake in FromSoftware before this deal
Sony expressed its intent to acquire Kadokawa just over a month ago, a Japanese media powerhouse that also owns video game developers FromSoftware and Spike Chusoft. Sony and Kadokawa have now entere [+3723 chars]

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