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Sony is now the largest shareholder of FromSoftware’s parent company

Sony has acquired ten percent of Kadokawa, making it the company’s largest shareholder. This comes after speculation that Sony was in talks to purchase the company outright.

It looks like that isn’t happening, but Sony has boosted its total ownership of Kadokawa up to ten percent after spending around $300 million on more shares. A press release noted that the two companies will now “discuss specific initiatives for collaboration,” which will include “live-action films and TV drama.” The companies have also promised to promote the “global expansion of a wide range of entertainment, including anime and games.”

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