Sony and Tencent have made a big purchase this morning as they become big shareholders in FromSoftware, developers of the Dark Souls series and Elden Ring.
Sony Interactive Entertainment has purchased 14.1% of shares, whilst Tencent has an even larger 16.3%, for a combined total of 30.4%.
Combined the two companies now own almost a third of the legendary video game company.
The majority shareholder is still Kadokawa with 69.6%, as is shown in official documents from today.
The interest from Sony is unsurprising, after the success of PlayStation-exclusive Bloodborne, releasing in 2015 but having a continued legacy thanks to a dedicated fan base.
This line of reasoning makes perfect sense, as Sony has been in both the movie and gaming business for years.
The intent of sale on behalf of FromSoftware does specify expanding the market for their games, and Tencent’s popularity in China could help greatly expand FromSoftware’s market into the region. »