Sony gets a bigger stake from developer Elden Ring from software

The latest acquisition by Sony and Tencent is a larger part of From Software, the studio behind hit games like Dark Souls and Elden Ring. The two companies will jointly own 30% of the developer’s shares, while the parent company Kadokawa Corporation will remain the majority shareholder.

Sony will increase From Software’s stake to 14.09% and Tencent will own 16.25% of the studio through its subsidiary Sixjoy, of which Kadokawa owns the remaining 69.66%. Like Kadokawa explained in an official announcementFrom Software will now have additional funding from the sale of these shares, which will help it publish its games globally.

Now playing: Elden Ring Lore – Starscourge Radahn

Interestingly, Kadokawa’s announcement also mentions that the studio is investing in “more robust game IP development” and that Tencent’s involvement is being seen as an opportunity for From Software to strengthen its “developing and mobile game rollout” worldwide. Sony has Big plans to expand PlayStation brand to mobile devices in 2025 and it acquired Savage Game Studios, a mobile studio based in Finland and Germany, this week.

Back in June, From Software announced that they have started recruiting for “many” new games, and company president Hidetaka Miyazaki also mentioned in an interview that an unannounced project–maybe an armored core– is in the final stage of development.

From Software had one of the best years, like Elden Rings became a studio blockbuster when it was released in February. The game’s sales have reached 16.6 million copies sold as of June and the beginning of the game has analysts predict that it will outsell Call of Duty: Modern Warfare 2 This year.

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