Sony Group Corporation is in talks to acquire fellow Japanese conglomerate Kadokawa, according to media reports that emerged this week. The firm's animation and games properties may underlie the possible M&A activity.

Sony is allegedly planning to acquire Japanese media company Kadokawa. The company also owns FromSoftware studio, which developed the Elden Ring blockbuster,

By Anirban Sen and Sam Nussey NEW YORK/TOKYO (Reuters) -Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio.

Sony is reportedly in talks to buy Elden Ring and Dark Souls developer FromSoftware's majority owner Kadokawa Corporation.

Sony are in talks to buy Kadokawa, the parent company of Elden Ring developer From Software. Sony is eyeing up the company as a hefty snack because they want the various manga and anime owned by Kadokawa,

Sony is reportedly looking to acquire the Japanese publishing company Kadokawa, the owner of Elden Ring developer FromSoftware. According to a recent Reuters report, two sources familiar with the matter claimed that talks between the PlayStation owner and Kadokawa are ongoing.

Sony looks to add to its entertainment portfolio with the acquisition of the Japanese media powerhouse behind the game

The parent company of Elden Ring studio, Kadokawa, has confirmed receiving Sony’s offer for the buyout; however, they haven’t made any decision yet. On November 19th, Reuters reported that Sony is buying Kadokawa and also taking on the famous Elden Ring game under the company’s subsidiary studios FromSoftware.