Sony Buys Bigger Stake in Elden Ring Developer's Parent Company

Last month, Sony appeared interested in acquiring Kadokawa, the parent company ofElden Ringdeveloper FromSoftware.

The companies have settled for the PlayStation-maker to become the largest stakeholder instead.

This means Sony is the company’s largest single shareholder, with a 10% stake.

Sony and FromSoftware have had a unique relationship for quite some time, since the first PlayStation console.

Sony reportedly wanted its own exclusive action RPG title to go against the popular Elder Scrolls: Oblivion.

FromSoftware is not Kadokawa’s only game publisher.

The company also owns a wide range of Japanese media covering film, books, magazines and anime.