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Sony is now FromSoftware owner Kadokawa's largest shareholder
Sony has increased its shares in FromSoftware owner Kadokawa as the two companies agree to form a "strategic capital an…
Sony has increased its shares in FromSoftware owner Kadokawa as the two companies agree to form a "strategic capital and business alliance". Watch on YouTube As a press release from Sony reads: Kadokawa and Sony "intend to further strengthen [their] collaboration to maximise both companies' IP value globally and facilitate wider and deeper collaboration", joining forces for content, discovering new creators, and "media mixes of both companies' IP". "Through this capital and business alliance, we will become the largest shareholder of Kadokawa, which consistently creates a wide variety of IP, including publications and books, such as light novels and comics, as well as games and anime," said Sony president, COO and CFO Hiroki Totoki.
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