elden ring wasn’t just a hit with fans of FromSoftware’s notoriously difficult action RPGs. Today, Tencent Holdings and Sony announced that they have acquired 30% of the shares souls-Developer shares split in favor of Tencent. FromSoftware is expected to gain $260 million from the agreement.
Today’s Announcement by Kadokawa, FromSoft’s parent company announced that Sony and Tencent will acquire 14.09% and 16.25% of FromSoft, respectively. The statement indicates that Kadokawa wants FromSoftware to expand its development efforts; Kadokawa sees “improving the ability to create, develop, and deploy [FromSoft] Game IP as one of [Kadokawa] Group highest priority.”
One of the goals is to provide FromSoft with the necessary resources grow elden ring into a franchise this goes beyond video games.
elden ring It was a long time coming, building on a foundation first laid in 2009’s FromSoftware’s groundbreaking PS3 game demons souls. A set of three spiritual sequels in the form of the Dark Souls trilogy as well as two other similar titles (bloodborne and An axe), has certainly widened the audience for these difficult and cryptic action RPGs. But none has reached such a critical mass elden ringthe sold out household names how call of Duty and led to it viral stream sensations and hype the only habit die.
Tencent, a Shanghai-based conglomerate, has continued its investment and acquisition trend. It owns 5% from Assassin’s Creed and Distant scream Publisher Ubisoft, completed an acquisition from League of Legends‘ Developer Riot Games, owns 40% of Epic Gamesand has interests in many, many, many, many other game companies. As igamesnews Remarksit also owns 5% of Activision Blizzard, which will be transferred to Microsoft should that megacorp be remarkable attempt to acquire the call of Duty publisher clear regulatory screening.
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Sony has also been on a spending spree, although it looks a bit more modest compared to Tencent. Perhaps most notably, Sony acquired Bungie, a company once affiliated with Microsoft for $3.6 billion in January. The house of the PlayStation too made a move to acquire Bluepoint, the studio made a name for itself with critically acclaimed remakes. Sony too invested a billion dollars in Epic Games back in April.
Anyway, maybe FromSoft can use the new money for that Add a simple mode So I can finally finish the damn things.
