Sony has proposed a buyout offer that would see it become owner of Kadokawa Corporation–the parent company of Dark Souls and Elden Ring developer From Software.
The offer was confirmed by Kadokawa CEO Takeshi Natsuno on November 20, who added that no decision has been made at this time.
According to Reuters, a possible acquisition would see Sony own the rights to Elden Ring and future games from From Software, also known for Demon Souls (already owned by Sony) and Dark Souls (controlled by publisher Bandai Namco). Acquire, behind Tenchu, and Spike Chunsoft, behind Danganronpa, also sit under Kadokawa’s umbrella and presumably would be part of any merger. Sony already owns a 2% stake in the company.
Kadokawa’s portfolio doesn’t just include gaming, though Come from Sports betting site VPbet . The company also has a hand in anime and manga, behind franchises like Re:Zero and Delicious in Dungeon. In 2021, Sony acquired anime streaming service Crunchyroll for over $1 billion.