2024-12-20
This was the best possible outcome. Kadokawa doesn't have Sony completely absorb it which would lead to Sony having a legit monopoly of IPs and probably laying off thousands of employees. This benefits both companies in a far more healthy way.
Bloomberg
Sony's shares in Japan surged 50%+ from an August low to reach its new all-time high since 2000 last week, as investors are bullish on its gaming growth in 2025
- Next year ‘one of the greatest’ for video games: Smithers — M&A and good management boost stock's appeal: Janus Henderson
This was the best possible outcome. Kadokawa doesn't have Sony completely absorb it which would lead to Sony having a legit monopoly of IPs and probably laying off thousands of employees. This benefits both companies in a far more healthy way.
Reuters
Sony buys ~$320M of shares in Japanese media powerhouse Kadokawa, which owns FromSoftware, taking its stake to ~10% and becoming Kadokawa's top shareholder
for now Sal Romano / Gematsu : Sony Group Corporation and Kadokawa Corporation to form strategic capital and business alliance Jordan Middler / Video Games Chronicle : Sony is now ...