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Exclusive-Sony in talks to buy media powerhouse behind ‘Elden Ring’, sources say

3 hours ago

Less than a minute

2024.11.19 00:50

By Anirban Sen and Sam Nussey

NEW YORK/TOKYO (Reuters) – Sony (NYSE:) is in talks to acquire Kadokawa, the Japanese media powerhouse behind the “Elden Ring” game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio.

© Reuters. FILE PHOTO: Sony Group President Hiroki Totoki attends the company's annual strategy briefing in Tokyo, Japan, May 23, 2024. REUTERS/Kim Kyung-Hoon/File Photo

The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks, the sources said.

Sony declined to comment. Kadokawa said it cannot comment.

3 hours ago

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