Update [Wed 20th Nov 2024, 3:32pm]: Kadokawa has since confirmed that it has received an “initial letter of intent” from Sony, “but no decision has been made at this time”. Here’s the full statement, as shared by VGC:

“There are some articles on the acquisition of Kadokawa Corporation (hereinafter “the Company”) by Sony Group Inc,”

“However, this information is not announced by the Company. The Company has received an initial letter of intent to acquire the Company’s shares, but no decision has been made at this time. If there are any facts that should be announced in the future, we will make an announcement in a timely and appropriate manner.”

Original Story: The big story doing the rounds in the gaming world this morning relates to a potential acquisition that’s in works at Sony, with the company apparently in discussions to acquire Kadokawa Corporation within the next couple of weeks.

FromSoftware and Spike Chunsoft are both part of the Kadokawa group, meaning that the likes of Elden Ring, Dark Souls, Armored Core, Danganronpa, AI: The Somnium Files, and various other series would be affected by the deal.

Here’s a direct quote from the Reuters report that broke the news earlier today:

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

Of course, if the deal does go through, then it remains to be seen how things will change. If a potential Elden Ring 2 is on the cards, would PlayStation get timed exclusivity rights? How about full exclusivity rights?!

Don’t go panicking just yet, as nothing is set in stone right now – we don’t even know if this takeover will come to fruition. We’ll keep an eye on it though, as it could end up having a big impact, especially for FromSoftware’s titles.