this post was submitted on 19 Nov 2024
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Exclusive: Sony is in talks to buy media powerhouse behind 'Elden Ring' (www.reuters.com)
submitted 23 hours ago by [email protected] to c/[email protected]
10 comments fedilink hide all child comments
 

Some important bits:

Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the “Elden Ring” game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio.

The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks, the sources said. Kadokawa’s shares closed up 23% at their daily limit. Its market capitalisation was around $2.7 billion prior to the Reuters report. Sony’s shares closed up 0.6%.

Sony declined to comment. Kadokawa said it cannot comment.

Sony already has a 2% stake in Kadokawa and a stake in Kadokawa controlled FromSoftware, the developer of the hit fantasy action role-playing game.

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[–] [email protected] 8 points 19 hours ago

I hope this doesn't happen. From Soft games are too prominent on Xbox and Switch; I would feel bad for those fans. I don't mind them having a second party relationship every now and then like Demons Souls and Bloodborne, but to outright own them seems unnecessary.

[–] [email protected] 19 points 23 hours ago

Personally, not a fan of consolidation in the industry, so would like FormSoft to remain independent. Well, as independent as it is now.

[–] [email protected] 14 points 23 hours ago* (last edited 23 hours ago) (1 children)

No.

FromSoft has been doing great, I see no reason they would need to sell, and Sony will just shutter them the instant they make a game that misses their arbitrary mark.

People who played the Gravity Rush games loved them, but since they didn't do numbers, Studio Japan still got shut down. Same for WipEout and Studio Liverpool.

Sony would not have gone for the risk of bringing back Armored Core, for example. They shutter niche studios, and FromSoft makes niche games.

It's just that they've gotten so good at them, they aren't niche anymore. Sony would have thrown that baby out with the bathwater.

If the souls-like goes out of fashion, the way mecha games went out of fashion, FromSoft would just keep on trucking making good games...

But under Sony, they'd just get killed.

[–] [email protected] 4 points 15 hours ago (1 children)

They aren't trying to buy FromSoft, they are trying to buy FromSoft's parent company Kadokawa, which may want to sell themselves.

There's a lot of anime and manga publishing groups under this company as well. Kadonawa produced Dungeon Meshi, Sword Art and it's spinoffs, Made in Abyss, Overlord, and tons more that weren't familiar to me. This works well for Sony because they bought Crunchyroll and Funimation, so monopolizing on more of the anime industry is probably the real driving force.

[–] [email protected] 4 points 13 hours ago

That's an even bigger "no" from me.

[–] [email protected] 15 points 23 hours ago

Sony should stay away from good things

[–] tamlyn 4 points 23 hours ago (1 children)

I don't play elden ring, but Spike chunsoft makes the Pokemon Mystery dungeon series, so please don't do that Sony. Nintendo would never work with them again.

[–] [email protected] 3 points 20 hours ago (1 children)

Not to mention Acquire, who recently made Mario + Luigi Brothership

[–] tamlyn 2 points 18 hours ago (1 children)

I think Ocotopath Traveler comes from them as well. At lot smaller developer in japan make games for Camcom, Bamco, Nintendo, Square Enix and more. Former japan studio has worked with a lot japanese studios as well. I like how it is, how these developer have the opotunity to work with different bigger japanese publisher, making different and creative games. Sony is missing in that section since the closure of japan studio. So please, stay independent.

[–] [email protected] 1 points 4 minutes ago

If the buyout happens, it may push other platforms to start buying companies too, before everything gets exclusive.