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Sony acquired the shares for 50 billion yen or roughly $300 million, bringing its total ownership to 10 percent and making it the Kadokawa’s largest shareholder.
Sony China, the China-based subsidiary of Sony Interactive Entertainment, has acquired the remaining 51 percent in its joint venture with the China-based company Oriental Pearl.
Sony has invested $318 million to acquire over 12 million shares of FromSoftware parent company Kadokawa. This will increase Sony's ownership of Kadokawa to 10%, making it the media giant's ...
Sony has confirmed it has "made an initial statement of intent" to acquire Kadokawa Group One analyst suggests that Kadokawa "will lose its independence" if Sony acquires the publisher Some ...
Sony plans to execute a 5-for-1 stock split in October. The electronics giant intends to spin off one of its divisions, exchanging some Sony shares for stock in the new company. Ownership in the ...
Sony's reported push to acquire Kadokawa's anime and manga assets falls right in line with the company's previous acquisition of Crunchyroll in 2021 for $1.2 billion.
Not all of those moves by regulators have been successful. It also remains to be seen whether National Amusements, Paramount’s parent company, will support the Sony-Apollo bid.
Sony has announced that it has increased its holdings in Japanese media giant and FromSoftware parent company Kadokawa Corporation. Sony acquired the shares for 50 billion yen or roughly $300 ...