After online rumors swirled around last week, Kadokawa has since confirmed that Sony is in fact interested in acquiring the Japanese media conglomerate known for its anime and manga publishing, as well as its majority 70% share in FromSoftware,

Sony are in talks to buy Kadokawa, the parent company of Elden Ring developer From Software. Sony is eyeing up the company as a hefty snack because they want the various manga and anime owned by Kadokawa,

Arclight, which launched in 1998, was initially created to organize the Japan Game Convention and has been publishing tabletop games since 1999. After opening its first retail store in 2003, it began importing international games and localizing them for a Japanese market.

Sony's rumored plans to purchase FromSoftware parent company Kadokawa might have hit a speedbump that could lead to no deal being made.

As Sony’s pursuit of Kadokawa rumbles on, financial experts have said the PlayStation maker may find it hard to buy the entirety of FromSoftware’s parent company. Japan’s Toyo Keizai (via Automaton) reported that Sony may be put off the deal due to the cost of having to acquire all of Kadokawa,