NEWS: Sony buys 10% of ‘Elden Ring’ owner for $320 mn

Sony buys 10% of 'Elden Ring' owner for $320 mn

Sony said it had paid more than $300 million for a 10 percent stake in the media conglomerate behind the smash-hit game ‘Elden Ring’.
Photo: Richard A. Brooks / AFP/File
Source: AFP

Japanese electronics titan Sony said Thursday it had paid more than $300 million for a 10 percent stake in the media conglomerate behind the smash-hit game ‘Elden Ring’.

Kadokawa, which is known for producing anime and publishing books including manga comics, said last month that Sony had made an approach…

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