Sony has increased its stake in Kadokawa Corporation, the parent company of FromSoftware, a leading game developer.
Sony will acquire 10% ownership of Kadokawa Corporation by purchasing over 12 million new shares.
The investment is part of a strategic alliance aimed at adapting IPs into live-action films and TV dramas, co-producing anime works, expanding game publishing, and developing talent for virtual production.
This move showcases Sony's commitment to expanding its presence in the gaming and entertainment industries.