Thu, December 19, 2024
[ Thu, Dec 19th 2024 ]: The Australian Financial Review
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[ Thu, Dec 19th 2024 ]: WHO Magazine
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[ Thu, Dec 19th 2024 ]: Dexerto
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[ Thu, Dec 19th 2024 ]: Townhall
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[ Thu, Dec 19th 2024 ]: Oregonian
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[ Thu, Dec 19th 2024 ]: SignalSCV
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[ Thu, Dec 19th 2024 ]: The New York Times
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[ Thu, Dec 19th 2024 ]: Yen.com.gh
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[ Thu, Dec 19th 2024 ]: Hindustan Times
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[ Thu, Dec 19th 2024 ]: Variety
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[ Thu, Dec 19th 2024 ]: Polygon
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[ Thu, Dec 19th 2024 ]: vg247
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[ Thu, Dec 19th 2024 ]: Castanet
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[ Thu, Dec 19th 2024 ]: Yahoo
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[ Thu, Dec 19th 2024 ]: gematsu
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[ Thu, Dec 19th 2024 ]: BBC
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[ Thu, Dec 19th 2024 ]: PlayStation LifeStyle
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[ Thu, Dec 19th 2024 ]: TechRadar
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[ Thu, Dec 19th 2024 ]: Newsweek
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[ Thu, Dec 19th 2024 ]: Reuters
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[ Thu, Dec 19th 2024 ]: Video Games Chronicle
Sony is now Kadokawa's largest shareholder
[ Thu, Dec 19th 2024 ]: Cinema Blend
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[ Thu, Dec 19th 2024 ]: Yahoo
Sony to become top shareholder of media powerhouse Kadokawa
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[ Thu, Dec 19th 2024 ]: MSN
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[ Wed, Dec 18th 2024 ]: Business Insider
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[ Wed, Dec 18th 2024 ]: Hindustan Times
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[ Wed, Dec 18th 2024 ]: ITV
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Sony is now Kadokawa's largest shareholder

Sony has become the largest shareholder of Kadokawa Corporation, a major Japanese media conglomerate, by increasing its stake to 6.06% through its subsidiary Sony Financial Group. This move was part of a third-party allotment of shares, which also saw Kadokawa issuing new shares to other investors like Sumitomo Mitsui Trust Holdings and Mizuho Bank. The investment aims to strengthen Kadokawa's financial base and support its growth strategy, particularly in expanding its IP and global reach. Sony's increased involvement is seen as a strategic move to bolster its presence in the entertainment industry, especially in content creation and distribution, aligning with Kadokawa's ambitions in the global market.

Read the Full Video Games Chronicle Article at:
[ https://www.videogameschronicle.com/news/sony-is-now-kadokawas-largest-shareholder/ ]