A team-up between Sony and Kadokawa seems more focused on accelerating movie and TV adaptations than making Elden Ring a PlayStation exclusive. Last month, it was reported that Sony was gearing up for a potentially massive acquisition, of Elden Ring developer FromSoftware and its parent company Kadokawa Corporation.
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Kadokawa itself later confirmed Sony had expressed interest in acquiring further shares in the company. This, of course, reignited debates about monopolies and further consolidation of the industry, especially since Sony would be getting more than just one game developer.
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Sony and Kadokawa have now confirmed they’ve reached an agreement, and the result isn’t as dramatic as some feared but will see the two collaborating far more closely on multimedia initiatives, like film and television. Ultimately, Sony isn’t buying out Kadokawa in its entirety, so don’t expect any future Elden Ring sequels or spin-offs to suddenly go PlayStation-only.
However, Sony is buying more shares in Kadokawa; 12,054,100 of them to be exact. This is set to cost Sony approximately 50 billion yen, which is about £252 million. Sony originally only had a 1.93% stake in Kadokawa, but these additional shares will bump that stake up to 10%. That will make the PlayStation company Kadokawa’s largest shareholder, according to a joint statement from both companies, giving them more influence than anyone else over the company’s future.
