Tencent has increased its stake in FromSoftware's parent company, Kadokawa, by 1.11%, bringing its total shareholding ...

Tencent's 7.97% stake brings it within two percentage points of Sony, which became Kadokawa's largest shareholder in December after increasing its stake to 10%. At the time, Sony acquired over 12 ...

Chinese holding company Tencent, the biggest firm in the video game industry in terms of investment and revenue, has ...

Last year, Sony Interactive Entertainment acquired 12 million shares of Kadokawa, the company best known in the gaming ...

Sony may acquire Kadokawa, giving them full control of the anime production system. If the deal goes through, Kadokawa's goal is to produce 40 anime titles per year by 2023. Other industry players ...

Tencent is continuing its acquisition of shares in Kadokawa, increasing its influence on the publisher of Elden Ring and Dark Souls, although it remains a minority shareholder.

Reports show that FromSoftware was let down by the way Sony handled Demon's Souls when it first released, elucidating some dealings between the two.

In December last year, Sony became the largest shareholder in Elden Ring developer FromSoftware's parent company, Kadokawa, and both companies are expecting the arrangement to lead to more games.

Sony Group Corporation turned in a strong third quarter for 2024, riding high on gaming and music while its film unit faced headwinds. The tech and entertainment conglomerate posted consolidated ...