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Home • News • Anime • Change in Industry: Sony negotiates Kadokawa Purchase
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Change in the industry: Sony negotiates purchase of Kadokawa

Shinzo
19/11/2024
Sony negotiates purchase of Kadokawa

A piece of news surprised fans this Tuesday (19)! Columnist Ollie Barder, from Forbes , revealed that Sony is currently in negotiations to acquire Kadokawa , one of the largest publishers in Japan. This possible acquisition promises to bring major changes to the entertainment industry, especially in the anime and manga market.

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This strategy is in line with previous acquisitions of Funimation and Crunchyroll , consolidating its position in anime distribution. Additionally, the company is developing AnimeCanvas , a software suite to optimize anime production.

Sony in talks to buy Kadokawa
Anime / Kadokawa

Currently, Sony holds 2% of Kadokawa's shares and 62% of FromSoftware, a subsidiary known for developing Elden Ring . Negotiations could be concluded in a few weeks, and the impact is already visible: Kadokawa shares closed up 23%.

Who is Kadokawa company?

Founded in 1945, Kadokawa began as a publishing company and is now a conglomerate that encompasses magazines, books, games, films and tabletop RPGs. Therefore, owning around 70% of the rights to anime IPs, releasing around 40 titles per year by studios such as ENGI ( Uzaki-chan ) and Kinema Citrus ( Shield Hero , My Happy Marriage ). Recent hits include Delicious in Dungeon .

Sony has already shown interest in adapting IPs to live-action, taking advantage of the growing market for alternatives to Marvel, such as One Piece and The Last of Us . However, the acquisition could also help Kadokawa overcome recent crises, such as a cyber attack and legal problems involving its former president.

Ultimately, with the possible purchase, Sony would control more than 70% of the anime market, but it remains to be seen whether the company will continue to invest or follow a more aggressive approach.

Source: Forbes

Tags: Kadokawa Sony
By shinzo
Shinzo
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Passionate about Japanese culture, I created this anime and manga news portal in 2009 to share updated articles from Japan.
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