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Xbox fans can breath a sigh of relief, at least for now.
It seems that Elden Ring’s parent company isn’t selling out to Sony PlayStation, as previously rumored.
Microsoft owns a lot of franchises, but it isn’t helping them sell Xbox consoles.
That stake now makes Sony the biggest shareholder in Kadokawa, outstripping Tencent’s own previous 6.86% stake.
Tencent previously paid around $264 million USD for its own “strategic business alliance” with Kadokawa.
Sony’s is worth roughly $331.2 million USD by comparison.
Microsoft owns a lot of franchises, but it isn’t helping them sell Xbox consoles.
We’ve seen Sony pull these kinds of deals with Final Fantasy and Capcom in the past.
Read next:Inside the risky strategy that will define Xbox’s next decade
