Tue Nov 19 06:20:00 UTC 2024: ## Sony in Talks to Acquire Kadokawa: Report

**Tokyo, November 19** – Sony is reportedly in talks to acquire Japanese publishing and entertainment company Kadokawa, according to two sources familiar with the matter. If negotiations are successful, a deal could be finalized within weeks.

While Sony declined to comment, Kadokawa stated they were unable to comment as well. News of the potential acquisition sent Kadokawa’s stock soaring, closing up 23% at ¥3745.

Sony already owns 2% of Kadokawa’s stock and also has investments in FromSoftware, the Kadokawa subsidiary behind the popular RPG *Elden Ring*. This move is seen as part of Sony’s broader strategy to expand its entertainment holdings. The company has been actively transforming from a primarily electronics manufacturer into a diversified conglomerate encompassing entertainment, semiconductors, and more.

The article notes that the information comes from Reuters and is subject to their copyright. Other unrelated news items on traffic accidents, rising prices, and pension issues were included in the original Japanese text but are omitted from this news summary.

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