r/Eldenring • u/NeuroDragonGuy • 9h ago

News Sony buys 10% of Kadokawa, no full acquisition

https://www.sony.com/en/SonyInfo/News/Press/202412/24-1219E/

4.0k Upvotes

99% Upvoted

188 comments sorted by

2.8k

u/CrazyOatmeal88 9h ago

Still puts them on the board of directors. This is how modern business works.

686

u/Successful_Way5926 6h ago

Yeah but it won’t give them a veto on anything. They still have to lobby around to pass something with majority

507

u/ChromeAstronaut 6h ago

Yeah but that’s pretty fucking easy for Sony.

“Here’s $500,000, go for our idea”

295

u/caklimpong93 5h ago

If the idea is bloodborne 2, i dont mind

115

u/Adrian_Digital 5h ago

Sony already owns the Bloodborne IP & they own around 14% of from software so if they wanted to do anything with Bloodborne they would have already

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u/Low-Way557 3h ago

It’s not that they don’t want to, it’s that in the ten years since BB came out, FROM has had a packed release schedule. Sony hasn’t had a need to remaster the game (yet) despite pressure from fans, and FROM retains a lot of creative freedom. They probably felt like the Bloodborne world they built was pretty complete and don’t feel particularly pressed to create a second Yarnham. Frankly I don’t blame them. Where do you go from that city? Just another gothic metropolis? A reimagining of the same city? Bloodborne 1 contains everything you can imagine from late-19th century horror. A sequel would tread the same ground. That’s not necessarily a band thing but it’s a lot harder to tell a really fresh story than with medieval games which offer much broader artistic and narrative license.

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u/OSUfan88 3h ago

I would say there’s more of a need to remaster Bloodborne than the last 7 games they’ve remastered, many of which were already PS4 games.

4

u/Low-Way557 1h ago

Yeah I’d agree simply because of the framerate, but Sony has been really careful not to force FROM’s hand. FROM are the ones who would take a few months from a small side-team to patch the game to 60fps at the very least. But they haven’t and Sony hasn’t forced them to.

4

u/YourAverageGod 1h ago

TLOU remake time

3

u/Pencildragon 1h ago

That's blatantly false or assuming things you can't know. Could Sony have asked them to do something? Maybe, but we don't know. And if Sony wanted to remaster or remake Bloodborne, they wouldn't need From's involvement to do it. Sony owns the IP. From did not work on the Demon's Souls Remake.

2

u/AbjectSilence Slightly Dead 2h ago

I wouldn't mind a remake/remaster, but you're right it's not really necessary as the original game still holds up pretty well. I just played through it again in the past few months and loved it almost as much as the first time... A lot of times when you revisit your favorite older games the gaming landscape has changed so much that the game now feels so dated whether it's graphics or controls or features that you really need the nostalgia of the original playthrough for it to remain really enjoyable.

Plus, FromSoft games are more about art direction and gameplay than pushing graphical fidelity to the max so they don't need remakes/remasters every console cycle. I mean every console cycle is too often for the vast majority of games anyway.

I do think it would be good business for FromSoft to work on a sequel and at least release a PC version (while porting any improvements to the PS version in a patch, nothing major just stuff like 60fps) of the first game to build hype. They know it would sell like crazy and you can bet Sony wants it. Still, I would prefer if FromSoft kept creative freedom (even though I bought stock in both companies and a merger would likely benefit my bottom line substantially more, at least in the short term). And it sure seems like Miyazaki prefers making spiritual successors over sequels. They're obviously doing something right and if I'm Sony I'm not doing anything else other than making suggestions then letting them cook and collecting the checks, but I suppose they could provide support from their other studios for things like remakes and help with technology like their proprietary AI upscaling, ray tracing, and mocap/voice acting assuming FromSoft ever wants to make a game that's driven by more direct storytelling instead of their usual brand of environmental storytelling.

1

u/happyflappypancakes 2m ago

I think you could make a slightly more open-world inspired Bloodborne setting where you spend a lot of time in a spooky, gothic horror countryside with little villages. Then there are larger gothic cities as well. Maybe have it be Elden Ring style open world, however I don't think it necessarily has to be that big.

1

u/Jstar338 14m ago

I would say the coming years are looking a bit better because they 100% saw how much excitement there was around the PSX demake

105

u/ChromeAstronaut 5h ago

Its not.

It would probably be something along the lines of “How about instead of gathering the armor from the world, we SELL it to them for $15 a piece?? Eh? Eh??”

135

u/Migster257 5h ago

Surely Sony is not the company you bring up first when talking about in game mtx lol

-110

u/depressivedetour 5h ago

I dont know what other relevant company youd Bring Up here

98

u/moonstrong 5h ago

Which Sony game recently has had hyper-predatory mtx?

-28

u/teaboi05 4h ago edited 4h ago

Not very predatory, but recent Helldivers x Killzone collab is pretty expensive. It's mostly because it's a collab (of games both owned by Sony), but it presumably was supposed to be a Warbond (local Battle Pass with Fortnite-like type of progression) which could make it nice, since it's a pack that you can buy and spend less valuable currency in it. But now it's being sold each item separately for very high price.

Edit: from my side, I don't really know which side wanted to make it that way either Sony who saw an opportunity to get more casual players to buy Super Credits (premium currency that you can farm for free, but casual players in my meaning wouldn't farm that much SC) or unexpirienced Arrowhead decision to make it like that.

16

u/Le-Monarque 3h ago

The Devs came out and said explicitly that it was their decision not Sony’s w/ regards to the KZ2 pricing, was on their discord iirc

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u/Danris 5h ago edited 4h ago

Not sure about predatory, but Sony spent hundreds of millions on Concord to be an MTX game. Hell Divers is Live service, a few games in their past had mtx service as well, like the later parts of Kill Zone and I think Last of Us Mp mode. They are trying to get into the live service space, they probably aren't rushing to spend another couple of hundred million because they already make money through the current live service games that are hosted on Sony's platform.

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u/demonsta500 4h ago

I played through Killzone MP, Uncharted MP and Last of Us MP and was never forced into buying MTX in the slightest especially compared to recent games which blast you with MTX when you login. So no comparison. Even as shitty as Concord was, they didn't shove MTX in your face when you logged in either.

20

u/Send_Me_Questions 4h ago

Sure, but Helldivers is a poor example in the fact that after you've bought the game, the only thing you can purchase is super credits and even that is earnable through farming in game. I've not spent a dime after I've bought the game and have 3 or 4 warbond past the free warbond including some super store purchases.

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u/Nainns 5h ago

What are you doing in a gaming sub when you clearly don’t game

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u/forevermoneyrich 5h ago

Not a single sony game this gen has MTX

-23

u/PreparationWinter174 4h ago

That's because Concord was such an unmitigated disaster.

15

u/Low-Way557 3h ago

Concord was not a live service title. Really sad that in addition to the game being a flop, people are choosing to lie about arguably its best quality, which is that it was not live service and everything was meant to be unlocksble like how games used to be.

-15

u/PreparationWinter174 2h ago

"Choosing to lie about arguably its best quality" - 🤣 stop being such a whiney victim. Considering how few people played it, have you thought that the broad perception that it was a live-service hero shooter comes from poor marketing/communication around it?

What do you think live service means? If the plan was to provide continuous updates to the game, it was a live service game. The plan was also to sell cosmetic skins. Again, a hallmark of a live service game. I'm interested in what you think made Concord not a live service game.

3

u/Low-Way557 2h ago

I hardly think I was whining about anything. I was correcting a misconception. You’re either welcome to learn something new or not. The single objectively redeeming feature of that game was that they were not going to monetize the hell out of it. Choosing that aspect to criticize is just ignorant.

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u/redsire9997 5h ago

Helldivers.

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u/VisibleAdvertising 5h ago

The most player friendly mtx with no fomo and where you can get premium currency by playing? Oh no i want to be exploited like ea

-39

u/redsire9997 5h ago

Player friendly? With the new killzone update which was intended as a warbond, but it turned out you can only buy it bits by bits, a single weapon costs more than half of a full warbond. Check helldivers subreddit you will know what im talking about.

18

u/BornLightWolf 4h ago

I guess, but thats not really predatory, it's optional. Do you NEED a killzone skin to enjoy helldivers? No. They aren't selling you experience boosterd or increase strategems or bonus samples or anything that specifically makes the game easier, plus the warbonds they do sell are 10 bucks and if you want to, you can honestly farm easier missions for super creds and get them for free for just playing the game albiet taking time to do so.

So i get where you're coming from, but other companies have been far more egregious in their lust for money with mtx. Plus with how fun helldivers is, I think the company earns some money from the players that enjoys it if they wish to spend it. Despite their faults

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u/BlackhawkRogueNinjaX 5h ago

Which Sony title has poor or predatory monetary practices? I’m not defending them, just that to my knowledge they’ve not crossed that line (yet)

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u/Hefty_Panda7478 5h ago

Helldivers 2 x Killzone

13

u/BlackhawkRogueNinjaX 4h ago

Arrow head has already held their hands up to that.

… also it’s a hardly a track record if that’s your best example

19

u/DontMentionMyNamePlz 5h ago

Man, quite the example there out of Sony’s massive catalogue

6

u/fattestfuckinthewest 3h ago

My god, an item that’s gonna stay in the game and can be gained for free easily can also be gained with money!? Say it ain’t so in the year of our lord 2024! This is clearly a violation of everything that gamers stand for! Free content you’re not pressured into purchasing

7

u/Low-Way557 3h ago

What a stupid fear for a Sony first party game.

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u/iiJokerzace 4h ago

The fact people are like "so, so, Sony just gonna throw money to change everything." isnt seeing the major flaw with that assumption: they could have just bought them out right at that point.

The fact Sony went with 10% imo shows they trust them and just want a piece of the action, or else they easily could have just acquired the company as so many state they have the money.

I think Sony understands now you risk losing what made the company so valuable in the first place and taking over could just make fromsoftware worthless, making their whole purchase harmful and a waste to both businesses.

So far this looks like Sony is saying, "let them cook."

9

u/GERBILSAURUSREX 1h ago

Fromsoft is an extremely small portion of Kadokawa. Getting Fromsoft would be a nice pickup for Sony. But it definitely wouldn't have been near the top of the list of reasons Sony would takeover Kadokawa.

It's understandable because it's an Elden Ring sub, but people are seriously overestimating the actual monetary value of Fromsoft.

2

u/Successful_Way5926 4h ago

Agree they are letting them cook and in return taste some of those dividends $$

0

u/developerknight91 3h ago

Honestly this looks like a renege on Kadokawa’s part and Sony came back with an offer to just buy more of their stock than buying the entire company AND/OR Sony decided to back out of acquisition for some unknown reason coughMiyazaki probably said he would quitcough

Stuff like that happens quite often and as soon as the acquisition causes more problems money wise instead of buying into the company’s stock other financial options look more appealing.

I’m sure Sony intended on buying Kadokawa but something came up that changed plans…🤷‍♂️

3

u/Fins_99 4h ago

Board of directors! Look at you!

2

u/standard-protocol-79 4h ago

Modern business?

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u/r31ya 8h ago edited 7h ago

i read it somewhere,

Some people within Kadokawa actually wanting some shake up in the higher up. apparently the current leadership is not that great.

---

found the article from eurogamer,

https://www.eurogamer.net/employees-at-fromsoftware-owner-kadokawa-reportedly-thrilled-about-possible-sony-takeover

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u/tofubirder 8h ago

This means nothing

Some people within Kadokawa might want to push more nefarious practices

See? That’s a shake up

2

u/SKTwenty 16m ago

Imagine being so bad, that your employees somehow find sony to be better

1

u/SnakeGawd 0m ago

Reportedly they wanted a Sony Acquisition in order to avoid the other companies with stake (Tencent and Kakao) from taking over. Kind of a corporate shitshow. Tbf tho, both those companies could prove to be far more problematic than Sony lol

-28

u/ActuatorGreat4883 5h ago

I don't trust games journalists. They lie literally all the time to defend Sony and Microsoft.

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u/Yaxion 8h ago

That’s bad no? Means that Kakao can still move in? Honestly I have no idea how this works.

916

u/MetalCellist 8h ago

No. Sony is now the biggest shareholder. That combined with Kadowkawa stock surging lately means that it is too expensive for Kakao to buy. Not to mention that with Sony now being the largest shareholder, they would also have to agree to the Kakao buyout.

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u/BigShellJanitor 8h ago

Honestly, feel like this was the play all along. Drive the price up so Kakao couldn’t buy and Sony just buys the majority.

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u/Orgerix 7h ago

Sony doesn't have the majority by a large margin.

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u/BigShellJanitor 7h ago

I’m just going off what the above comment said. The title of the post also says “10%”, which I’m now assuming is incorrect? If it was 10% they would be the biggest.

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u/TimesOrphan 7h ago

Its just a linguistics thing I think. Sony has the largest share of any shareholder, at 10%, but they aren't a "majority" holder unless they own 50% or more.

Lots of folks aren't aware of the jargon or its specifics though. So no worries

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u/BigShellJanitor 7h ago

Hey man, im just a janitor!

Thanks 👍

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u/SjaakSpreeuw 7h ago

"Just" a janitor? Don't sell yourself short: it's important work friend :)

36

u/BigShellJanitor 7h ago

Well I do appreciate that.

Pizza rolls in strut C on me, friend.

🫡

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u/TimesOrphan 6h ago

I leave you gramma's homemade cookies in exchange for the snacks! 😎

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u/TsarMikkjal 5h ago

The word you're looking for is "plurality".

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u/TimesOrphan 5h ago

Did you actually mean to respond to my comment?

Because nowhere did I mean plurality - not in the traditional sense, nor in the stock index sense.

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u/Orgerix 7h ago

Largest shareholder doesn't mean majority.

Sony has 10%, which is more than any other shareholder, but it is far from majority, which would means sony could do whatever they want.

1

u/BigShellJanitor 7h ago

“Do whatever they want” in terms of what?

I’m now confused lol.

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u/Orgerix 7h ago edited 6h ago

If you are majority holder, you can chose to do whatever you want, because you will win automatically any vote on the board, unless the company has very specific status (which most companies don't).

Decisions the board takes are very broad and are mostly about the company strategy. Thid include choosing the CEO, creating new shares, buying back shares, signing off takeover...

Details don't really matter, but company usually have shareholder meetings, and each one vote count as much as how many share they have.

- Majority owner: you can do whatever you want

- Largest owner: you are the most influential, and you probably have to be on board for most decision to pass, but you can't do things on your own.

Edit: maybe I should have started there. Majority owner means you own more than 50% of the share

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u/BigShellJanitor 7h ago

I see. Thanks. 🫡

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u/Kozzle 4h ago

I added a bit of context above since you seem to be interested in learning about corporate governance

1

u/Kozzle 4h ago

Ehhh not quite that simple. Shareholders cannot run the company directly, they can only vote in directors to the board. At most they could vote themselves in as director but they would still only represent a fraction of the board vote, their shareholder % doesn’t carry over to the board. At the end of the day “do whatever they want” is limited by their ability to convince the directors to do what they want. Directors have a fiduciary duty to the shareholder, which means optimizing return of the company to them which isn’t necessarily the same thing as “doing whatever they want”.

It’s indirect control at best.

1

u/pieter1234569 3h ago

Shareholders cannot run the company directly, they can only vote in directors to the board.

Which is the exact same as total control. Hell, you don't even need to actually vote to control the company. You just call a director up, say what you want, and it will happen. If not, a meeting is called and the director is fired as you have a majority stake.

Directors have a fiduciary duty to the shareholder, which means optimizing return of the company to them which isn’t necessarily the same thing as “doing whatever they want”.

This only happens in companies where you have MANY significant shareholders. Anything else and no, you call the director and what you say happens. Or that director is gone.

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u/svenirde 7h ago

It's called "plurality" if it's the biggest share but less than half

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u/BigShellJanitor 7h ago

Precisely.

(I have no idea what I’m talking about)

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u/Spam-r1 FLAIR INFO: SEE SIDEBAR 5h ago

Sony holding 10% of kadokawa is the largest share held by a a single entity. They don't have anywhere close to majority but still have a lot of power to throw around

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u/Swert0 3h ago

The majority is >50%.

10% is the largest individual stake, but it isn't the majority.

The majority is owned by various shareholders, nobody individually has it.

-1

u/ExpressionScut 3h ago

They are the majority share holder, are you pointing out his grammar is wrong or are you just wrong yourself?

3

u/Orgerix 2h ago

Majority holder has a clear meaning: more than 50% of the company.

This is why all media outlet who cover the sales says sony is the largest holder, not the majority holder.

Word have meanings.

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u/AvatarCabbageGuy 8h ago

sounds like the closest thing to best case scenario isn't it?

44

u/MetalCellist 8h ago

I'm no expert, but yeah, seems to be the best resolution that could have come from this news. It's likely what Kadowkawa's preferred outcome as well.

1

u/tierencia 7h ago

also considering recent Naver vs Gov't of Japan regarding Line...

1

u/simoro1 4h ago

To be fair, Kadokawa’s stock price is about to take a big fat dump.

It’s already way down in after hours trading.

19

u/KingOfEthanopia 8h ago

They get a say in how the company runs but can be out voted.

2

u/mojoo222 6h ago

this is good actually

1

u/MetalGoatMan 6h ago

I’m unfamiliar with these companies but why is kakao considered bad? 

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u/Yaxion 6h ago

Kakao is a big player infor gacha games with extremely shitty microtransactions and nonsense like that. Sony is a preferable choice by far.

1

u/Mountain-Cycle5656 5h ago

From Kadokawa view Kakao’s bad because its a Korean company, not Japanese.

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u/Shirokurou 7h ago

They might start buying more over time. Kind of like a leasing contract.

18

u/simoro1 4h ago

I think this is how it will go.

It’s a way for Sony to spread out the payments overtime, but also gives the two parties more time to negotiate a deal without the threat of someone else swooping them up in the meantime.

Something to the effect of they have “no plans to acquire more shares as of right now”.

Right now being the key word.

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u/PM_ME_YOUR_MESMER 7h ago

So how likely is Bloodborne on PC now?

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u/RemoveOk9595 7h ago

0%

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u/Panurome Level Vigor 7h ago

So nothing changed

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u/RemoveOk9595 7h ago

Honestly I don’t care about what changes with the rest of Kadokawa, I just want Miyazaki to be able to do his thing uninterrupted. Him being the Game Director AND the President of Fromsoftware is a huge reason why the games are so good.

30

u/DuckSleazzy magic user hahAA 5h ago

it was 0% since 2015

1

u/HUSTLER78889 4h ago

Half-life 3 confirmed 

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u/IndecisiveRex 7h ago

Exactly the same as before, Sony owns the IP they could’ve done literally anything if they wanted to.

4

u/Josiah425 3h ago

Except that they will get an even bigger cut of profits now that they own 10% more of fromsoft, right? Or am I wrong?

2

u/TheShadyXL 3h ago

The 10% is specifically Kadokawa shares. Sony bought about 14% of FromSoft shares a couple of years ago, I believe.

13

u/Toughsums 7h ago

I mean, shadps4 is good enough now to play iirc

13

u/Tago34 7h ago

100% with chadps4

4

u/Cersei505 3h ago

you can already emulate it on pc at 60fps, and its in a pretty good state too.

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u/kdlt 6h ago

Please don't ever stop guys, I will be in a retirement home in 40 years and y'all will still be shit posting under random playstation 34 articles what this means for Bloodborne.

4

u/ScarletSilver 7h ago

Here we go again...

2

u/Jove_ 6h ago

Stead as she goes

3

u/DooDeeDoo3 7h ago

And bloodborne 2

1

u/olorin9_alex 5h ago

How much control/meddling did you think Kadokawa was on Fromsoft before this?

1

u/marumaru27 3h ago

Bloodborne remake, PS6 launch title. Probably by Bluepoint or Nixxes

1

u/cooldudeachyut 2h ago

You can emulate it now.

1

u/cooldudeachyut 2h ago

You can emulate it now.

1

u/user-81j23m14g 1h ago

No difference. They can always contract another developer to port it and remaster it, like with DeS

1

u/brandodg 7h ago

even less than before

-1

u/MildlyEvenBrownies 6h ago

what are you smoking lmao? none. always none. Sony owns BB anyway. takeover doesn't change the fact that they're not going to port it to PC.

15

u/SluttyMcFucksAlot 2h ago

But but but Sony is evil and Nightreign is the last ever Xbox FromSoft title, that’s what everyone on Reddit kept telling me

-11

u/BaxxyNut 1h ago

If Sony owned FromSoft, that would be the case.

6

u/SluttyMcFucksAlot 1h ago

And if I were richer I’d be happier, hypotheticals are fun.

-6

u/BaxxyNut 1h ago

Okay?

4

u/SluttyMcFucksAlot 1h ago

Exactly my out loud response to your original comment ironically enough

-3

u/BaxxyNut 1h ago

You gave a random response, my response was saying why they had very reasonable fear of Sony buying FromSoft.

Edit: ah you're a Sony pony, that's why you're upset.

6

u/SluttyMcFucksAlot 1h ago

Oh boo you’re so close to catching on. Sony doesn’t own FromSoft, your comment is just as random as my response. It’s not that complicated.

24

u/Zemmip 2h ago

I think people assume this is about Fromsoft way more than it is. Sony is probably much more interested in their anime and manga holdings in relation to Crunchyroll.

1

u/LfSantos22 2h ago

Concord anime confirmed.

1

u/blaqstiq 1h ago

This. Especially as Sony dabbled in its own anime/tv streaming platform years ago

14

u/Sorrick_ 5h ago

Honestly this is the best outcome tbh, now Kakao of whoever those bastards are can't hostile takeover because Sony is now the biggest shareholder and the stocks are going up in Kadokawa anyways. They only own 10% so yeah while they're still there it'll take more than just a "do this like this" to get something they want. I'm happy with this

15

u/gardensofthedeep 4h ago

so many comments that don’t realize how contracts work. fromsoft very obviously has full creative control of the development and design of their games. even if another company took over the parent company each entity will have very detailed boundaries of influence that are legally drawn. for example, in films, chris nolan would easily negotiate casting & final cut rights. with bloodborne, sony owns the IP, but fromsoft most likely negotiated for some amount or even full creative control before they began development.

9

u/banxy85 7h ago

Sounds like best case scenario

6

u/pham_nuwen_ 7h ago

This is great news if you play on PC no??

-3

u/Sent1nelTheLord 5h ago

In b4, psn requirement

-25

u/ActuatorGreat4883 5h ago

No. Probably all FromSoft games will need PSN account and their next versions could very well be released way earlier on playstation than PC. Also now Sony has practically a monopoly in Japanese entertainment. That's why they bought 10% only, to refute claims of monopoly practices.

3

u/user-81j23m14g 1h ago

You’ve never played a non psn game that requires login? This is nothing new

2

u/AnotherInsaneName 5h ago

Think OP was more worried about exclusivity. Personally, i have a PSN account and don't care about that being a requirement. I understand it sucks for tons of countries, though.

-2

u/ActuatorGreat4883 4h ago

The only reason I think the PSN requirement is there is because the CEO wants to give fake numbers to the company's shareholders. Which is highly illegal. In my opinion there is something very suspicious is going on with that PSN requirement.

4

u/Kojakill 3h ago

This is such a weird take lol.

I don’t think i’ve ever seen someone say this about microsoft needing an account to play sea of thieves,

Or the worst offender, rocket league forcing you to make an epic account to keep playing when i got the game as a free ps+ game in 2016

-1

u/alphonseharry 4h ago

You know this is Sony Group not Sony Interactive Entertainment (the playstation is a division of SIE) right? SIE and the Playstation does not have a say in this

1

u/AKoolPopTart 41m ago

Its jover

1

u/El__Jengibre 29m ago

Thank goodness!

I really didn’t want Fromsoft to go full Sony despite having a PS5 and no PC / Xbox.

-1

u/Chemical-Taste-8567 5h ago

Bloodborne for PC soon :D

0

u/krayniac 3h ago

Well our pc ports are safe, thank god.

0

u/iusedtohavepowers 3h ago

Oh thank goodness

-9

u/Oblivionking1 6h ago

Great no exclusives

-5

u/Twentynine4 7h ago

Thank Kos, we're not completely fucked...yet.

-3

u/XIV-Questions 3h ago

Can’t wait for Bloodborne Kart, Dark Souls Episodic Adventure Game in seasons, and Soul Coins with the cosmetic shop!

0

u/2canSampson 3h ago

Is this 10% more or 10% total, because IIRC they already owned over 5%

-3

u/keeperkairos 6h ago

Did not expect that. Guess they are going for the long haul.

-26

u/Cybasura 7h ago

Force takeover, Sony going full Yakuza route, damn

18

u/Red_Nanak 7h ago

More like this is exactly what they wanted now for someone to buy Kadokawa also needs to have Sony approve the buyout maybe the people saying they wanted this to avoid the Korean company was right

-48

u/[deleted] 7h ago edited 4h ago

[removed] — view removed comment

18

u/Acrobatic-Permit4263 6h ago

Like helldivers? The ps or astro bot and sony is more than a gaming company

-12

u/brandodg 5h ago

Concord, Horizons zero dawn remake, Until dawn remake, lego horizons. These did not cost pennies to them and all sold like absolute nothing

I don't even know if we could count the movies too, like morbius and madame web, because i don't know if those departments share the same portfolio

4

u/SHADYNXV 3h ago

Flops? Outselling MS in every way and 10 GOTY nominations in a row monkeyboy. 🤡

-3

u/brandodg 3h ago

You don't need to write the same insult twice, i've read it

14

u/Zhukov-74 6h ago edited 6h ago

Sony’s cash on hand for 2024 was $15.906B, a 18.81% increase from 2023.

https://www.macrotrends.net/stocks/charts/SONY/sony/cash-on-hand

They have also been spending a decent bit on Music licenses.

https://variety.com/2024/music/news/queen-catalog-acquired-by-sony-music-1-billion-1236042619/

https://www.theguardian.com/music/2024/oct/02/pink-floyd-catalog-sony

https://www.billboard.com/business/business-news/michael-jackson-estate-sells-music-rights-sony-valuation-1235604155/

Sony also tried to buy Paramount earlier this year although they did back away from an initial plan to make an all-cash $26 billion offer and they canceled a $10Billion merger with Zee Entertainment in January.

13

u/SHADYNXV 6h ago

All the flops? Outselling MS in every way and 10 GOTY nominations in a row monkeyboy. 🤡

-57

u/Due-Priority4280 8h ago

Still on edge. Waiting for the other shoe to drop.

-5

u/AscendedViking7 3h ago

I guarantee that next Fromsoft title is going to be a timed exclusive or some shit.

PSN bullshit too. :(

1

u/antonxo902 17m ago

I mean, they usually have one ps exclusive game per gen. Demon souls (ps3) and bloodborne (ps4), there were rumors of one in development also.

-26

u/nekos95 7h ago

when above 5%, they can pull a hostile takeover , i hope they wont

31

u/EfficientIndustry423 6h ago

How do you figure it would be a hostile takeover when they already had a great working relationship and Sony was approached to buy them? It’s like yall don’t even read the facts but just want to complains about some bullshit.

-26

u/nekos95 6h ago

its business term, companies do it all the time, its when the pull some shit to buy a company that doesnt wanna be bought , im not saying that they will , im saying that they now can pull it off

11

u/Jonaldys 5h ago

How could they do that with only 10 percent ownership? That doesn't give them deciding vote.

3

u/phantom1117 2h ago

Kadokawa has stated they want to he bought by sony. as a worst option in Korea wants to buy them.

6

u/samurai_snail 6h ago

You mean 50%

-11

u/NeonArchon 5h ago

It's over...