FromSoftware, the studio behind RPGs such as Elden Ring and Dark Souls, announced today that it will sell new shares to Sony and Tencent.
Kadokawa Corporation, the current owner of FromSoft, will hold a majority stake, owning 69.66 percent of the studio. Sony will buy a 14.09 percent stake, and Tencent subsidiary Sixjoy Hong Kong will get 16.25 percent.
As shown VGC, Kadokawa says that “he sees the expansion of capabilities for the production, development and installation of game IP as the most important thing of the Group”. In that end, FromSoftware will create a “third party”, approved for additional funding from Sony and Sixjoy.
This money will be used mainly to allow FromSoft to publish its own games in the world. It was self-published in Japan, but relied on major publishers for other areas, such as Bandai Namco and Activision. Additionally, “the studio intends to focus on developing the strongest game IP of its own to strengthen FromSoftware’s development capabilities”.
Sony has also acquired a small number of other units recently, such as Epic Games and Devolver Digital. Most recently, the platform holder Savage Game Studios added to its front page team. Business is more money this year.
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