TL;DR: Sony has opted to invest in Kadokawa Corp by purchasing 10% of its stock for 50 billion yen, rather than acquiring the company outright. This strategic partnership aims to enhance ...
The new partnership will see Sony acquiring ten percent of Kadokawa’s shares, making it the largest shareholder for the company that has been known for its video games, anime, and other ...
After weeks of speculation, Sony is not acquiring FromSoftware parent company Kadokawa Corporation after all. The companies have, instead, agreed to form another strategic alliance that will see ...
Following this acquisition, Sony will become KADOKAWA’s largest shareholder, holding around 10% of its shares, including those purchased in February 2021. Both companies aim to strengthen their ...
Sony has increased its shares in FromSoftware owner Kadokawa as the two companies agree to form a "strategic capital and business alliance". Sony already held shares in the company, but with the ...
Japanese media empires Sony and Kadokawa have signed a business agreement that will see Sony become Kadokawa’s largest shareholder in January 2025. Sony will invest around $320 million USD into ...
Sony Group Corporation has signed a strategic capital and business alliance agreement with Kadokawa Corporation to conduct a third-party allotment on January 7, 2025 to acquire 12,054,100 new ...
Sony has confirmed its intent to acquire Kadokawa, the Japanese media company that owns FromSoftware and gaming names such as Elden Ring, as part of its strategy to expand its entertainment portfolio.
As per the deal, KADOKAWA will conduct a third-party allotment to Sony on January 7, 2025, under which Sony will acquire 12.05 million new KADOKAWA shares for approximately 50 billion yen (around ...