Its easy to imagine Sony looking atMicrosofts $69 billion Activision Blizzard buyoutwith no small degree of envy.
Elden Ring, a collaboration between Hidetaka Miyazaki and George R.R.
But its not just Miyazakis current and future projects on the line if a Sony deal goes through.
© Bandai Namco
Sony CEO Kenichiro Yoshida told investors they wanted more IP with lovable characters.
WhichElden Ringcharacters do you think are lovable?
Kadokawa owns a 70% stake in FromSoftware, while Sony owns a 14% stake in the studio.
This deal would give Sony the absolute majority and effectively set up Miyazakis darling as a potential PlayStation-first enterprise.
Kadokawas market cap shot through the roof on Tuesday with Reuters report, above $3.6 billion.
Thats about as much as Sony originally paid for Bungie in 2022.
On the other hand, this could be the only way we get aBloodborneRemaster.
Now, the question is whether Sony should emphasize exclusivity if a deal goes through.
Kadokawawas the victim of aransomware attackearlier this year.
Hackers demanded money while threatening to release a claimed 1.5 terabytes of data.
Sonys latest efforts to force PSN accounts on PC-based games havent earned much respect.
Update 11/20/24 at 12:01 p.m.
ET: This post was updated with a notice from Kadokawa confirming it received an offer from Sony.
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