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Sony Group has sent an initial letter of intent to acquire KADOKAWA Corporation's shares

Joseki

Member
Analyst
Banned from every ATLUS facility

NEW YORK/TOKYO, Nov 19 (Reuters) - Sony (6758.T), opens new tab is in talks to acquire Kadokawa (9468.T), opens new tab, 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.

The talks between the two sides are ongoing and, if successful, a deal could be signed in the coming weeks, the sources said.

Sony declined to comment. Kadokawa said it cannot comment.
 
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Would be a massive shake up in the anime and manga industry given what Sony already has with Aniplex. Would probably raise trust concerns.

On the flip side, hard to see SIE being directly involved because so much of Kadokawa is not From, even their gaming side. I'd think they'd either be made their own subsidiary or be part of Sony Music Japan, which also has some gaming on top of the Anime.
 
I think SIE already owns like 14% of From so this would put them around 80%, at that point they could probably buy out the rest from Tencent
 
I would not be suprised if Sony deinvests Dwango and keeps the media and gaming part mostly.
 
Would be a massive shake up in the anime and manga industry given what Sony already has with Aniplex.
It totally would, not sure why Reuters goes on about "the Japanese media powerhouse behind the "Elden Ring" game", this is clearly about the manga/anime/book business above all else.
 
Would be a massive shake up in the anime and manga industry given what Sony already has with Aniplex. Would probably raise trust concerns.

Isn't Kadokawa mainly LNs and Mangas in that space?
I don't feel like Sony has much presence outside of Anime.
These things are related, but they're not a 1 to 1.
Just like TV/Film/Streaming are part of a whole but are separate. We've seen many mergers go through because of that, nobody considered that any of the giants are hitting that monopoly vibes.

In publishing you still have big players like Shuheisha/Kodansha/Shogakukan, etc...
That's plenty of other large(r) players.
 
It totally would, not sure why Reuters goes on about "the Japanese media powerhouse behind the "Elden Ring" game", this is clearly about the manga/anime/book business above all else.
Probably because it's the most familiar to the west. You are right though that it's massively misleading to understanding what is at play.
Isn't Kadokawa mainly LNs and Mangas in that space?
I don't feel like Sony has much presence outside of Anime.
These things are related, but they're not a 1 to 1.
Just like TV/Film/Streaming are part of a whole but are separate. We've seen many mergers go through because of that, nobody considered that any of the giants are hitting that monopoly vibes.

In publishing you still have big players like Shuheisha/Kodansha/Shogakukan, etc...
That's plenty of other large(r) players.
Yes their bread and butter is print. But they are still a big player involved in anime production and they also own Niconico, so that would be another massive streaming service under their belt after they got Funimation and Crunchyroll, both also anime related. So two massive anime producers and two massive streaming services.
 
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Sony is full of money, their position is very strong and they'll make huge moves.

I already said something massive would happen and there it is.
 
I Really, Really hope not. From needs to remain indipendent. Having their games be PS exclusives with no PC version for who know how long would be terrible (and stupid considering PC is likely their biggest platform.)
Sony buying Kadokawa would not necessarily mean they'd put it under SIE, in whole or part. The rest of Sony has no problem releasing games day one on other platforms. Heck Aniplex has switch exclusives (total, console, and launch).
 
This would mean Sony owns the Kadokawa Culture Museum. Some real estate agencies too, i think. Anime News Network, Famitsu, Dengeki, Niconico, Dwango Music Publishing, there's getting too many to name.

This is genuinely horrible. Kadokawa has their hand in everything, they are a huge multimedia conglomerate.
 
This was always wishcasted but I figured it would be too messy for them to bother, considering how many parts of Kadokawa operate outside of Sony's current wheelhouse.

Wouldn't be particularly good for the animation side of things considering how much Sony already operates as a gatekeeper to the global market.
 
Sony‘s anime business relies heavily on 3rd-party licences. The same weakness of their gaming business. What happens when those 3rd-parties wont work with them anymore. Or like Netflix securing important IP‘s like One Piece.
Getting Kadokawa would give them am treasure trove of IP.
 
Awful news. On the gaming side is not much of a problem because Sony keeps their divisions independent, so games from Kadokawa's subsidiaries wouldn't become exclusive. The real issue here is that Sony will suddenly own a big share of the anime industry in every field (novels, manga, anime, merch, streaming, etc). They already own a good part of it because of Aniplex, so this would be massive. Not a fan at all and hoping doesn't happen.
 
I Really, Really hope not. From needs to remain indipendent. Having their games be PS exclusives with no PC version for who know how long would be terrible (and stupid considering PC is likely their biggest plaplatform.
I don't think with takeovers we can any longer assume it means changes to exclusivity.

If anything you could frame the above as Sony looking to expand its PC offerings and strengthen its hand in that space.
 
Would be a massive shake up in the anime and manga industry given what Sony already has with Aniplex. Would probably raise trust concerns.

On the flip side, hard to see SIE being directly involved because so much of Kadokawa is not From, even their gaming side. I'd think they'd either be made their own subsidiary or be part of Sony Music Japan, which also has some gaming on top of the Anime.
Doubt anyone can stop them if they like to buy kadokawa considering its no where near monopoly, aniplex itself doesnt really handle /publish manga

But yea fuck consolidation hope shits is just a rumor and nothing else
 
Doubt anyone can stop them if they like to buy kadokawa considering its no where near monopoly, aniplex itself doesnt really handle /publish manga

But yea fuck consolidation hope shits is just a rumor and nothing else
Aniplex lack of a Manga/Light novel division is probably these talks are happening. That said though, Kadokawa owns several Anime studios, so I do wonder if that might cause issues. Because would effectively have a large pipline from source material publishing to animating to distribution.
 
Aniplex lack of a Manga/Light novel division is probably these talks are happening. That said though, Kadokawa owns several Anime studios, so I do wonder if that might cause issues. Because would effectively have a large pipline from source material publishing to animating to distribution.
Well A1 pictures/Cloverworks is a single studio technically so doubt them owning more would be a grounds to stop them, its shitty though

But yea Sony not having their own Manga/LN publishing company which is the bread and butter of kadokawa would be an easy greenlight imo
 
I Really, Really hope not. From needs to remain indipendent. Having their games be PS exclusives with no PC version for who know how long would be terrible (and stupid considering PC is likely their biggest platform.)

They could certainly ignore Xbox but Steam has became too big and central at this point for From Software games to skip the platform (even temporarily as we saw with FFXVI underperformance). This would only hurt Sony's strategy on PC, the studio and the IPs significantly (on top of creating backlash instead of positive buzz).

PC is without doubt From Software's biggest platform. Especially if you account Asia where the share must be Steam-heavy.

 
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Some people will never understand the difference between SIE and Sony proper i guess. This move has nothing to do with videogames
 
Wouldn't this be even close to a Monopoly in the anime/manga side of the equation?

Kinda hard to see it through in that regard.
 
FromSoft is already something of a Sony second party studio and the only thing that would change by Sony acquiring them is that they would no longer release games on Xbox. PS and PC would be unchanged releases while they already skip Nintendo.
 
I don't think SIE obtaining FromSoftware would actually mean anything for the videogame industry.

It's Sony Group getting Kadokawa and its publishing arm that would be potentially disastrous and should raise concerns. Sony should not have such a powerful position in the anime/manga industry.
 
Wouldn't this be even close to a Monopoly in the anime/manga side of the equation?

Kinda hard to see it through in that regard.
Theres plenty of other manga publishers and animation studio to even consider this a monopoly lol

Sony itself doesnt have an existing publishing division and kadokawa isnt even the biggest publisher in japan they are big but they arn’t Shueisha

Is it shitty? Hell yeah
 
Theres plenty of other manga publishers and animation studio to even consider this a monopoly lol

Sony itself doesnt have an existing publishing division and kadokawa isnt even the biggest publisher in japan they are big but they arn’t Shueisha

Is it shitty? Hell yeah

Sony getting Kadokawa would probably be most worrying for the west/US market.

Sony owns Crunchyroll, they own Aniplex and they would own Kadowaka. Potentially Sony could have a very large share of all the pies.

A Kadokawa manga could get an anime with an Aniplex production committee and be distributed worldwide exclusively on Crunchyroll.
 
Sony getting Kadokawa would probably be most worrying for the west/US market.

Sony owns Crunchyroll, they own Aniplex and they would own Kadowaka. Potentially Sony could have a very large share of all the pies.
Kadokawa usa already closed decades ago afaik the only publishing arm they own is J novel club which isnt that big
 
Kadokawa usa already closed decades ago afaik the only publishing arm they own is J novel club which isnt that big
But Sony does own Aniplex and A1-Pictures. If say Kadokawa is put under Sony Music, then they would have an entire pipeline from source material to making and distributing adaptions. Which is the big concern right there.
 
But Sony does own Aniplex and A1-Pictures. If say Kadokawa is put under Sony Music, then they would have an entire pipeline from source material to making and distributing adaptions. Which is the big concern right there.
A1 pictures is inside aniplex, theres other companies anime/manga that owns the source material and owns the studio doing and and self publishes them Kadokawa itself is one of those company
 
Sony getting Kadokawa would probably be most worrying for the west/US market.

Sony owns Crunchyroll, they own Aniplex and they would own Kadowaka. Potentially Sony could have a very large share of all the pies.

A Kadokawa manga could get an anime with an Aniplex production committee and be distributed worldwide exclusively on Crunchyroll.

It would probably kill what's left of Hidive too because their two biggest hits in recent years(Oshi no Ko and Eminence in Shadow) are both licensed through Kadokawa.
 
The timing of this coming out right after the ER DLC was allowed to be nominated for GotY...

But games aside, as everyone has said this is really bad for the anime industry. Sony has already bought up so much of that market.

It would probably kill what's left of Hidive too because their two biggest hits in recent years(Oshi no Ko and Eminence in Shadow) are both licensed through Kadokawa.
That would be terrible. HiDive is probably the biggest anime focused competitor left in the anime streaming industry. Even if it is only like 10% of the size of Crunchyroll. If it goes under there's nothing left that Im aware of, at least in the US market.
 
I hope Fromsoftware stays independent
Don't want exclusive Souls games, especially since PC/Steam is the biggest Souls audience these days.
Sony buying FromSoft would change little, PS and PC would continue as usual, Xbox support would be dropped. Nintendo would be unchanged due to FromSoft already skipping Nintendo consoles.
 
People are talking about monopolization but would the anime industry even be defined as its own separate thing instead of part of the larger "entertainment/animation/streaming" landscape? Like, legally?
 
People are talking about monopolization but would the anime industry even be defined as its own separate thing instead of part of the larger "entertainment/animation/streaming" landscape? Like, legally?
This wouldnt result to monopolization of anime/manga and to answer your question anime industry isn’t its own thing legally speaking
 
Some people will never understand the difference between SIE and Sony proper i guess. This move has nothing to do with videogames

I wouldn't say it has nothing to do with videogames, but yeah... it's more about everything else Kadokawa owns.
 
Sony buying FromSoft would change little, PS and PC would continue as usual, Xbox support would be dropped. Nintendo would be unchanged due to FromSoft already skipping Nintendo consoles.
Nintendo just announced earlier this month that it is strengthening its relationship with FromSoftware.
In the end, this acquisition is made by Sony, not SIE, and it is likely to have little impact on KADOKAWA's gaming division.
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FROM would be a monumental get for Playstation, they are pretty much unrivalled in what they do and their output is incredibly efficient.

Don't know much from the anime side but from a quick look it does not look like Kadokawa makes Sony a monopoly in any market. The biggest anime streaming competitors are Netflix, Prime and Disney. Sony has no manga presence either.

I bet it would cost less then Bungie. What a huge failure that turned out to be.

Bungie was $2.4B. The $1.2B was Sony giving bonuses to devs.
This will be $4B I think.
 
Sony buying FromSoft would change little, PS and PC would continue as usual, Xbox support would be dropped. Nintendo would be unchanged due to FromSoft already skipping Nintendo consoles.
SIE owning Spike Chunsoft, Acquire and GotchaGotchaGames would probably mean their closure.
 
I hope Fromsoftware stays independent
Don't want exclusive Souls games, especially since PC/Steam is the biggest Souls audience these days.
Even if this deal happen, Souls games skipping PC is very unlikely to happen considering they already release a lot of games on PC nowdays including day-one releases for Helldivers II or LEGO Horizon recently.

However I can see them skipping Xbox.
 
People are talking about monopolization but would the anime industry even be defined as its own separate thing instead of part of the larger "entertainment/animation/streaming" landscape? Like, legally?
Anime is an industry that's way more legally distinct than the "high end console market". Its able to support multiple dedicated streaming services. Has entire sites, store fronts, and communities built around it. And ironically Sony themselves host an anime specific award show.
 
Souls games are a Bandai Namco property, only ER is owned by From software.
I obviously meant "Souls" as in the the Souls genre of games, which include games that do not necessarily have the Souls name in them like Bloodborne and Elden Ring
Even if this deal happen, Souls games skipping PC is very unlikely to happen considering they already release a lot of games on PC nowdays including day-one releases for Helldivers II or LEGO Horizon recently.

However I can see them skipping Xbox.
I hope that's true especially the day 1 part, doing the typical 2 year sony first party delay would kill the franchise's momentum.
Still though, it would suck if it meant no more XBOX (and in the future no Switch/Nintendo either) for a series of games that have become multiplatform for a while now.
 
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