Sony Said to Weigh Deal for Japanese Content House Kadokawa
- Two Japanese firms hold major stakes in ‘Elden Ring’ maker
- Sony looking to expand and capitalize on IP portfolio
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Sony Group Corp. is exploring a takeover of Japanese publisher Kadokawa Corp., potentially expanding its content portfolio and tightening its grip over the maker of hit role-playing game Elden Ring.
Tokyo-listed Sony has been studying a possible offer for Kadokawa and the two companies have held talks, according to people familiar with the discussions. Deliberations are ongoing and Sony could decide against proceeding with a formal proposal, they added, asking not to be named as the matter is private. The two entertainment conglomerates are among the main shareholders in FromSoftware Inc., the creator of hit PlayStation games such as Elden Ring and Bloodborne, which may be the biggest draw for Sony’s interest.