• Thu, December 19, 2024

by: Polygon

Sony to become largest shareholder in FromSoftware parent company Kadokawa

On Jan. 7, 2025, Sony will become Kadokawa's largest stockholder by purchasing 12,054,100 new Kadokawa shares for 50 billion yen (around $320 million). This purchase, combined with a previous round of share acquisition in February 2021, will bring Sony's total holding in Kadokawa to 10% of the company.

by: Hindustan Times

Cardi B asks Offset to sign divorce papers after heated social media exchange

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Confusion Erupts As Video Of Sick Dr UN Happily Sharing Huge Plans For 2025 Surfaces

Ghanaian man, Kwame Owusu Fordjour popularly known as Dr uN who is belived to be recovering from a critical health condition has shared hisplans for 2025

by: Variety

Evan Spiegel and will.i.am Join Variety Entertainment Summit at CES

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Wizards, Capitals commit to D.C. as Capital One Arena gets approved for $515 million renovation

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Are You Facing YouTube Video Not Playing? Fix Now!

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Will a Vancouver family win 'The Great Christmas Light Fight' finale Thursday? How to watch

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My God, There Is Light

But Verify-Sy, a Syrian website dedicated to debunking propaganda, is reporting that this "prisoner" was actually Salama Mohammad Salama, also known as "Abu Hamza," a member of the Syrian Air Force Intelligence, which is responsible for the torture and murder of civilians.

by: Dexerto

Sony becomes biggest shareholder of FromSoftware owner in massive deal

Sony has become the biggest shareholder of FromSoftware owner Kadokawa, forming a "strategic capital and business alliance".

by: Yahoo

Old-School Decor Clues That Say 'This Home Needs a Makeover'

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by: WHO Magazine

The Block's Dan and Dani Reilly announce devastating passing of their daughter Billie

by: The Australian Financial Review

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by: MSN

The Bold and the Beautiful Recap for Thursday, December 19, 2024: Ridge is betrayed again

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by: MSN

Nia Long's New SKIMS Campaign Sends Social Media into a Frenzy

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by: Yahoo

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by: Variety

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by: MSN

From Rema to Ayra Starr, Mavin Global's Rima Tahini Ighodaro is a 'First Responder' for the Nigerian Label's Stars

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by: MSN

CBS Media Ventures Launching Syndicated Game Show'The Perfect Line'

Inside Edition Anchor Deborah Norville Set to Host the Trivia Show anchored by CBS Stations in fall 2025. The post CBS Media Ventures Launching Syndicated Game Show'The Perfect Line' appeared first on TV News Check.
  • Mon, December 23, 2024

by: Indiatimes

CV Anand apologizes for his controversial remarks on media over Allu Arjun stampede controversy

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by: Yahoo

Young Thug's Jail Call with Leena Sayed Leaked, Social Media Reacts

A private video conversation involving Young Thug and an Instagram model named Leena Sayed has surfaced online, leaving fans of the rapper and his girlfriend, R&B star Mariah The Scientist,… The post Young Thug's Jail Call with Leena Sayed Leaked,
  • Tue, December 24, 2024

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by: AOL

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Fortnite Welcomes Cyberpunk 2077 Characters, Quadra Turbo-R, and More

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Amber Heard Supports Blake Lively Amid Justin Baldoni Smear Campaign Allegations: 'I Saw This Firsthand'

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'It Ends With Us' Studio Sony Supports Blake Lively Amid Justin Baldoni Allegations: 'We Strongly Condemn Any Reputational Attacks on Her'

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Justin Baldoni's Lawyer Releases New Statement About Blake Lively Lawsuit

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Blake Lively's 'It Ends With Us' lawsuit, 'astroturfing' and when fans feel manipulated

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Sony to become largest shareholder in FromSoftware parent company Kadokawa

On Jan. 7, 2025, Sony will become Kadokawa's largest stockholder by purchasing 12,054,100 new Kadokawa shares for 50 billion yen (around $320 million). This purchase, combined with a previous round of share acquisition in February 2021, will bring Sony's total holding in Kadokawa to 10% of the company.

Sony has become the largest shareholder in Kadokawa, the Japanese media conglomerate that owns FromSoftware, the developer behind critically acclaimed games like "Dark Souls," "Bloodborne," and "Sekiro: Shadows Die Twice." This acquisition was part of a broader investment strategy by Sony to strengthen its position in the gaming and entertainment industry. The deal involved Sony purchasing a 1.93% stake in Kadokawa, which, while seemingly small, was enough to make Sony the largest single shareholder due to Kadokawa's dispersed ownership structure. This move not only signifies Sony's interest in FromSoftware's unique game development capabilities but also aims to foster closer collaboration between Sony's PlayStation division and Kadokawa's extensive portfolio of media properties, potentially leading to more exclusive content and cross-media projects.

Read the Full Polygon Article at:
https://www.polygon.com/news/499710/sony-kadokawa-fromsoftware-largest-shareholder-acquisition