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Sony Eyes Japan's Kadokawa to Strengthen Gaming and Anime Dominance
Sony In Talks To Acquire Elden Ring Publisher Kadokawa: Report
Sony is reportedly considering acquiring the Japanese content giant Kadokawa.
Sony Group is exploring the acquisition of the japanese publisher Kadokawa Corp., a trade that could expand its content business and strengthen its control over the producer of the popular role-playing game "Elden Ring." According to insiders, Sony has been considering a possible acquisition proposal for Kadokawa, and the two companies have held discussions. They added that negotiations are still ongoing, and Sony may also decide not to make a formal offer. Due to the matter being unpublished, the insiders requested anonymity. Both of these entertainment groups are from FromSoftware Inc.
Sony Group in Discussion to Buy Japan's Kadokawa, Reuters Says, Citing Sources
The Nikkei average has rebounded and is fluctuating slightly while waiting for nvidia's earnings report.
On the 18th, the USA market was mixed. The Dow Jones Industrial Average closed the trading session at 43,389.60, down 55.39 points, while the NASDAQ ended at 18,791.81, up 111.69 points. With limited news at the opening, the market was mixed. The unexpected improvement in the November NAHB Housing Market Index and strong growth expectations provided support, but the Dow was pressured by profit-taking sales and traded weakly throughout the day. The NASDAQ was supported by the rise of electric car maker Tesla, a decline in long-term interest rates, and expectations for the earnings of semiconductor company NVIDIA.
Kadokawa: Confirmatory letter.
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