Who is buying FromSoftware?

Kadokawa Corporation, the Tokyo-based media corporation that owns FromSoftware, announced in a news release that Sony and Tencent had both purchased significant shares in FromSoftware.

Will Sony buy FromSoftware?

Sony commented on its recent purchase of a minority stake in FromSoftware, the developer behind Elden Ring, saying that PlayStation could go beyond game development with the studio.

Did FromSoftware get bought out?

Sony and Tencent have acquired a combined 30% ownership in Elden Ring and Dark Souls developer FromSoftware. According to an announcement from FromSoftware parent company Kadokawa Corporation, a new wave of shares was approved for issuance in a board meeting on Wednesday.

Why did Sony buy FromSoftware?

As for why the deal was brokered, Kadokawa says it will help FromSoft “proactively invest in development of more powerful game IP” and “establish a framework that allows the expansion of the scope of its own publishing.” These are both points of particular interest to FromSoft, and they're tied together.

Did Elden Ring make a billion dollars?

Elden Ring reaches 13.4 million copies sold, as Bandai Namco reports annual revenue of $6.85 billion.

Sony Is Buying A Portion Of From Software

How much of FromSoftware does Tencent own?

Tencent and Sony Interactive Entertainment collectively acquire 30.34 percent of FromSoftware. FromSoftware has issued new shares of its stock to Tencent Holdings subsidiary Sixjoy Hong Kong and Sony Group subsidiary Sony Interactive Entertainment, FromSoftware parent company Kadokawa Corporation announced.

Did Sony sell the rights of Bloodborne?

Sony Corporation has formed a new financial partnership that gives its part ownership of the Japanese media conglomerate that owns From Software, the developer behind Dark Souls and Bloodborne.

Why did Elden Ring sell so well?

What Makes Elden Ring successful? While games like Dark Souls and Demon's Souls pioneered the genre of “soulsborne/souls-likes”, Elden Ring has taken it to the next level. It takes everything these games did – brutal difficulty, memorable boss fights, top-notch level design – and expands on it.

Did Elden Ring sell more than Horizon?

FromSoftware's critically acclaimed open-world adventure sold 2.5 times as much as Horizon Forbidden West, although do remember that Elden Ring is multiplatform and not exclusive to any one console.

How well did Elden Ring sell?

As of February 2023, global unit sales of action RPG Elden Ring stood at 20 million units. Just two weeks after its release, Elden Ring sold more than 12 million units worldwide, with one million copies sold exclusively in Japan.

Did Elden Ring sell more copies than Dark Souls?

Elden Ring's 20 million sold units double the amount of sales of Dark Souls 3 and begin to close in on the total sales of the Dark Souls series, which Bandai Namco and FromSoftware reported to be at 27 million ahead of Elden Ring's own release, though the hype around the new game may also have led to additional sales ...

Is Elden Ring replacing Dark Souls?

From Software have said that Elden Ring is a spiritual successor to Demon's Souls, Dark Souls, and Bloodborne. This means it fits the classification of a 'SoulsBorne' game, but Elden Ring is a new IP within the subgenre.

Did Tencent and Sony collectively acquire 30% of FromSoftware?

“Now cometh the Age of Stars.”

Sony and Tencent have increased their stake in Elden Ring developer FromSoftware, now owning over 30% of the company between them. Sony now owns 14.09 percent of the company while Tencent, via its Sixjoy subsidiary, now owns 16.25 percent.

Did Sony buy Demon Souls?

Demon's Souls is a 2020 action role-playing game developed by Bluepoint Games and published by Sony Interactive Entertainment for the PlayStation 5. The game was released as a launch title for the PlayStation 5 in November.

Is Elden Ring a Sony exclusive?

Elden Ring is a 2022 action role-playing game developed by FromSoftware and published by Bandai Namco Entertainment. Directed by Hidetaka Miyazaki with worldbuilding provided by fantasy writer George R. R. Martin, it was released for PlayStation 4, PlayStation 5, Windows, Xbox One, and Xbox Series X/S on February 25.

Is Elden Ring losing popularity?

Elden Ring's concurrent players on Steam have decreased by almost 90% in less than three months since its release, according to SteamDB. What is this? As can be seen in the chart above, Elden Ring has had a steady decline in the number of concurrent players ever since it was released.

Did Elden Ring lose popularity?

Did Elden Ring lose popularity? As of February 2023, Elden Ring's monthly number of peak concurrent players had declined to 81 thousand.

Did Elden Ring sell more than Cyberpunk?

It also brings up an interesting comparison point to another huge new IP that launched with explosive sales, Cyberpunk 2077. Elden Ring sold 13.4 million copies in its first month of release. Cyberpunk 2077 sold 13.9 million copies in it first three weeks back in December of 2020.

Did Sony get the rights to Metal Gear?

Metal Gear has largely been a PlayStation exclusive franchise (except for the most recent games and Twin Snakes of course), but it turns out it didn't have to be. As noted in a recent book by Steven L. Kent, Sony didn't actually have exclusive rights to Metal Gear Solid 4: Guns of the Patriots.

Is Sony buys CD Projekt RED?

Though CD Projekt Red likely won't be getting acquired by Sony, it doesn't mean that there isn't plenty going on at the Polish studio. It has a new The Witcher game in development and a Cyberpunk 2077 sequel.

Why is PlayStation ignoring Bloodborne?

A recent report claimed that nothing is happening with Bloodborne, due to the difficulty associated with working on the game.

What is the most profitable FromSoftware game?

Released in 2019, Sekiro: Shadows Die Twice had sold over 5 million copies by July 2020. Elden Ring is without a doubt the fastest-selling game in the history of Bandai Namco and FromSoftware, and has every chance of surpassing the total sales of the entire Dark Souls franchise in the future.

Who owns 30% of Tencent?

South African media company Naspers purchased a 46.5% share of Tencent in 2001. As of 2021, it owns 30.86% through Prosus, which also owns a stake in Tencent's sister companies, such as OLX, VK, Trip.com Group, Delivery Hero, Bykea, Meesho, Stack Overflow, Udemy, Codecademy, Brainly and PayU.

What is FromSoftware making next?

FromSoftware is set to release a new Armored Core installment at some point in 2023 while fans still hope for Elden Ring DLC and a Bloodborne port. FromSoftware has earned itself an indomitable reputation with seminal games and emergent experiences that iterate upon its gameplay formulas.