Sony now owns a much bigger piece of FromSoftware’s parent company

/ The company has become Kadokawa’s majority shareholder, following rumors of a full acquisition.

Image: FromSoftware

Sony has announced that it has increased its holdings in Japanese media giant and FromSoftware parent company Kadokawa Corporation. Sony acquired the shares for 50 billion yen or roughly $300 million, bringing its total ownership to 10 percent and making it the Kadokawa’s largest shareholder.

The news comes after earlier rumors that Sony was considering acquiring the company outright. Kadokawa confirmed that Sony had

→ Continue reading at The Verge

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