Have Sony and Kadokawa reached a deal? Sony's rising share price suggests successful negotiations with FromSoftware's parent company
The gamer community continues to debate the potential merger between Sony and Japanese media company Kadokawa Corporation, which owns a controlling stake in FromSoftware Studios.
Recently the two giants confirmed that they are negotiating a deal, but Bloomberg journalists reported that the discussions have been going on for a year and the parties can not come to an agreement, because Kadokawa is interested in selling all its assets, including book publishing, advertising and property rental agencies, and Sony is primarily interested in the author of the most popular games Dark Souls, Bloodborne, Sekiro: Shadows Die Twice, Armored Core and Elden Ring.
Here's What We Know
In the network is spreading a version that the Japanese companies have come to a consensus and will soon announce a deal. Journalists and gamers are led to this idea by the growth of Sony's share price, which only today exceeded 3%.
Sony stock price chart
Analysts are saying that this merger will be the best investment Sony can afford at the moment. Some believe that the increase in share price is a sign of successful negotiations between Sony and Kadokawa.
It is impossible to confirm or deny this information until the parties comment officially.
