Reports that Sony was in talks to acquire Kadokawa, the Japanese media conglomerate that owns Elden Ring developer FromSoftware, have been confirmed. Kadokawa has released a short statement acknowledging Sony’s intention but stating that no decision had been made.

Kadokawa Corporation has confirmed it has received a buyout offer from Sony, but insists it has yet to make a decision on whether to sell up.

Kadokawa Corporation, Elden Ring developer FromSoftware's majority owner, has acknowledged takeover interest from Sony, but says no decision's been made.