FromSoftware parent company Kadokawa Corporation has reportedly been pushing Sony Group towards a purchase, according to a new report. We first saw speculations last week that Kadokawa set the stage for a Sony acquisition to fend off a hostile takeover from foreign companies,

Sony buying Kadokawa would have major implications for FromSoftware, but those ramifications would only be the tip of the iceberg.

Kadokawa Corporation has confirmed it has received a buyout offer from Sony, but insists it has yet to make a decision on whether to sell up.

But for Kadokawa themselves, they have shared a statement confirming that the potential deal between them and Sony has yet to be confirmed. Noting that they “received an initial letter of intent to acquire the Company’s shares,

Japanese media powerhouse Kadokawa said on Wednesday it had received a letter of intent to buy its shares, a day after a Reuters report that Sony was in talks to acquire the developer of the acclaimed "Elden Ring" fantasy game sent its stock soaring.

Sony is currently in talks to buy FromSoftware parent company Kadokawa Corporation in its entirety, a new report has claimed.

A new report has indicated that Sony is currently in talks to acquire Kadokawa, and if it goes through, it could lead to a troubling monopoly in the anime industry as Sony would then have a much greater stake in production and distribution down to even what could potentially be adapted or animated in the future.

How the entertainment company’s potential acquisition of Kadokawa, the home of “Elden Ring,” could upend anime and gaming.