Elden Ring wasn’t just a hit with fans of FromSoftware’s ultra-difficult action-RPGs. Today Tencent Holdings and Sony announced that they have acquired a 30% stake in the developer of the Souls series, splitting in favor of Tencent. FromSoftware is expected to earn $260 million from the deal. Today’s announcement from FromSoft’s parent company Kadokawa revealed that Sony and Tencent are acquiring 14.09% and 16.25% of FromSoft, respectively. The statement says that Kadokawa wants FromSoftware to be able to expand its development efforts. Kadokawa sees the “strengthening of the possibilities for its creation, growth and development [FromSoft] IP of the game as one of the [Kadokawa] The Group’s highest priorities.” One of the goals is to give FromSoft the resources needed to develop Elden Ring into a franchise that extends beyond video games. The Elden Ring has been around for a long time, building on a foundation first laid in FromSoftware’s 2009 PS3 breakthrough Demon’s Souls. A set of three spiritual sequels in the form of the Dark Souls trilogy, as well as two other similar titles (Bloodborne and Sekiro), certainly broadened the audience for these difficult and cryptic action-RPGs. But none have reached critical mass quite like Elden Ring, which surpassed household names like Call of Duty and spawned viral streaming sensations and hype that just won’t die. Tencent, a Shanghai-based conglomerate, continued the trend of investments and acquisitions. It owns 5% of Assassin’s Creed and Ubisoft publisher Far Cry, completed its acquisition of League of Legends developer Riot Games, owns 40% of Epic Games, and has stakes in many, many, many, many other game companies. As Polygon notes, it also owns 5% of Activision Blizzard, which will be transferred to Microsoft in the event that megacorp’s remarkable effort to get the Call of Duty publisher clear regulatory control. G/O Media may receive a commission Discount up to 90%. Humble Bundle Summer Sale Game and Save Great news for PC gamers out there looking to save money and add more games to your backlog that you’ll eventually get to. Humble Bundle has started its Summer Sale where you can save up to 90% on games. Sony is also on a spending spree, although it seems a bit more modest compared to Tencent. Perhaps most notably, Sony acquired the once Microsoft-affiliated Bungie for $3.6 billion in January. PlayStation also made a move to acquire Bluepoint, the studio that made a name for itself with critically acclaimed remakes. Sony also invested a billion dollars in Epic Games in April. Anyway, maybe FromSoft can use the new money to add an easy mode so I can finally get the damn things done.
title: “Tencent And Sony Acquire 30 Of Elden Ring Maker From Software Klmat” ShowToc: true date: “2022-10-26” author: “Mario Knight”
Elden Ring wasn’t just a hit with fans of FromSoftware’s ultra-difficult action-RPGs. Today Tencent Holdings and Sony announced that they have acquired a 30% stake in the developer of the Souls series, splitting in favor of Tencent. FromSoftware is expected to earn $260 million from the deal. Today’s announcement from FromSoft’s parent company Kadokawa revealed that Sony and Tencent are acquiring 14.09% and 16.25% of FromSoft, respectively. The statement says that Kadokawa wants FromSoftware to be able to expand its development efforts. Kadokawa sees the “strengthening of the possibilities for its creation, growth and development [FromSoft] IP of the game as one of the [Kadokawa] The Group’s highest priorities.” One of the goals is to give FromSoft the resources needed to develop Elden Ring into a franchise that extends beyond video games. The Elden Ring has been around for a long time, building on a foundation first laid in FromSoftware’s 2009 PS3 breakthrough Demon’s Souls. A set of three spiritual sequels in the form of the Dark Souls trilogy, as well as two other similar titles (Bloodborne and Sekiro), certainly broadened the audience for these difficult and cryptic action-RPGs. But none have reached critical mass quite like Elden Ring, which surpassed household names like Call of Duty and spawned viral streaming sensations and hype that just won’t die. Tencent, a Shanghai-based conglomerate, continued the trend of investments and acquisitions. It owns 5% of Assassin’s Creed and Ubisoft publisher Far Cry, completed its acquisition of League of Legends developer Riot Games, owns 40% of Epic Games, and has stakes in many, many, many, many other game companies. As Polygon notes, it also owns 5% of Activision Blizzard, which will be transferred to Microsoft in the event that megacorp’s remarkable effort to get the Call of Duty publisher clear regulatory control. G/O Media may receive a commission Discount up to 90%. Humble Bundle Summer Sale Game and Save Great news for PC gamers out there looking to save money and add more games to your backlog that you’ll eventually get to. Humble Bundle has started its Summer Sale where you can save up to 90% on games. Sony is also on a spending spree, although it seems a bit more modest compared to Tencent. Perhaps most notably, Sony acquired the once Microsoft-affiliated Bungie for $3.6 billion in January. PlayStation also made a move to acquire Bluepoint, the studio that made a name for itself with critically acclaimed remakes. Sony also invested a billion dollars in Epic Games in April. Anyway, maybe FromSoft can use the new money to add an easy mode so I can finally get the damn things done.
title: “Tencent And Sony Acquire 30 Of Elden Ring Maker From Software Klmat” ShowToc: true date: “2022-12-06” author: “Dolores Blackmon”
Elden Ring wasn’t just a hit with fans of FromSoftware’s ultra-difficult action-RPGs. Today Tencent Holdings and Sony announced that they have acquired a 30% stake in the developer of the Souls series, splitting in favor of Tencent. FromSoftware is expected to earn $260 million from the deal. Today’s announcement from FromSoft’s parent company Kadokawa revealed that Sony and Tencent are acquiring 14.09% and 16.25% of FromSoft, respectively. The statement says that Kadokawa wants FromSoftware to be able to expand its development efforts. Kadokawa sees the “strengthening of the possibilities for its creation, growth and development [FromSoft] IP of the game as one of the [Kadokawa] The Group’s highest priorities.” One of the goals is to give FromSoft the resources needed to develop Elden Ring into a franchise that extends beyond video games. The Elden Ring has been around for a long time, building on a foundation first laid in FromSoftware’s 2009 PS3 breakthrough Demon’s Souls. A set of three spiritual sequels in the form of the Dark Souls trilogy, as well as two other similar titles (Bloodborne and Sekiro), certainly broadened the audience for these difficult and cryptic action-RPGs. But none have reached critical mass quite like Elden Ring, which surpassed household names like Call of Duty and spawned viral streaming sensations and hype that just won’t die. Tencent, a Shanghai-based conglomerate, continued the trend of investments and acquisitions. It owns 5% of Assassin’s Creed and Ubisoft publisher Far Cry, completed its acquisition of League of Legends developer Riot Games, owns 40% of Epic Games, and has stakes in many, many, many, many other game companies. As Polygon notes, it also owns 5% of Activision Blizzard, which will be transferred to Microsoft in the event that megacorp’s remarkable effort to get the Call of Duty publisher clear regulatory control. G/O Media may receive a commission Discount up to 90%. Humble Bundle Summer Sale Game and Save Great news for PC gamers out there looking to save money and add more games to your backlog that you’ll eventually get to. Humble Bundle has started its Summer Sale where you can save up to 90% on games. Sony is also on a spending spree, although it seems a bit more modest compared to Tencent. Perhaps most notably, Sony acquired the once Microsoft-affiliated Bungie for $3.6 billion in January. PlayStation also made a move to acquire Bluepoint, the studio that made a name for itself with critically acclaimed remakes. Sony also invested a billion dollars in Epic Games in April. Anyway, maybe FromSoft can use the new money to add an easy mode so I can finally get the damn things done.
title: “Tencent And Sony Acquire 30 Of Elden Ring Maker From Software Klmat” ShowToc: true date: “2022-12-15” author: “Sarah Coleman”
Elden Ring wasn’t just a hit with fans of FromSoftware’s ultra-difficult action-RPGs. Today Tencent Holdings and Sony announced that they have acquired a 30% stake in the developer of the Souls series, splitting in favor of Tencent. FromSoftware is expected to earn $260 million from the deal. Today’s announcement from FromSoft’s parent company Kadokawa revealed that Sony and Tencent are acquiring 14.09% and 16.25% of FromSoft, respectively. The statement says that Kadokawa wants FromSoftware to be able to expand its development efforts. Kadokawa sees the “strengthening of the possibilities for its creation, growth and development [FromSoft] IP of the game as one of the [Kadokawa] The Group’s highest priorities.” One of the goals is to give FromSoft the resources needed to develop Elden Ring into a franchise that extends beyond video games. The Elden Ring has been around for a long time, building on a foundation first laid in FromSoftware’s 2009 PS3 breakthrough Demon’s Souls. A set of three spiritual sequels in the form of the Dark Souls trilogy, as well as two other similar titles (Bloodborne and Sekiro), certainly broadened the audience for these difficult and cryptic action-RPGs. But none have reached critical mass quite like Elden Ring, which surpassed household names like Call of Duty and spawned viral streaming sensations and hype that just won’t die. Tencent, a Shanghai-based conglomerate, continued the trend of investments and acquisitions. It owns 5% of Assassin’s Creed and Ubisoft publisher Far Cry, completed its acquisition of League of Legends developer Riot Games, owns 40% of Epic Games, and has stakes in many, many, many, many other game companies. As Polygon notes, it also owns 5% of Activision Blizzard, which will be transferred to Microsoft in the event that megacorp’s remarkable effort to get the Call of Duty publisher clear regulatory control. G/O Media may receive a commission Discount up to 90%. Humble Bundle Summer Sale Game and Save Great news for PC gamers out there looking to save money and add more games to your backlog that you’ll eventually get to. Humble Bundle has started its Summer Sale where you can save up to 90% on games. Sony is also on a spending spree, although it seems a bit more modest compared to Tencent. Perhaps most notably, Sony acquired the once Microsoft-affiliated Bungie for $3.6 billion in January. PlayStation also made a move to acquire Bluepoint, the studio that made a name for itself with critically acclaimed remakes. Sony also invested a billion dollars in Epic Games in April. Anyway, maybe FromSoft can use the new money to add an easy mode so I can finally get the damn things done.