{"id":41755,"date":"2024-12-19T18:09:28","date_gmt":"2024-12-19T09:09:28","guid":{"rendered":"https:\/\/automaton-media.com\/en\/?p=41755"},"modified":"2024-12-19T18:09:31","modified_gmt":"2024-12-19T09:09:31","slug":"sony-to-become-kadokawa-largest-shareholder-in-new-co-operative-business-alliance","status":"publish","type":"post","link":"https:\/\/automaton-media.com\/en\/news\/sony-to-become-kadokawa-largest-shareholder-in-new-co-operative-business-alliance\/","title":{"rendered":"Sony to become Kadokawa\u2019s largest shareholder in new co-operative business alliance\u00a0"},"content":{"rendered":"\n

On December 19, Sony announced that it\u00a0has formed a new business alliance with Kadokawa. As part of this agreement, Sony\u00a0is set to become Kadokawa\u2019s largest shareholder on January 7, 2025,\u00a0owning 10% of the Japanese publishing conglomerate’s shares. Sony and Kadokawa will also work together more in the future, deepening their cooperation to \u201cmaximize both companies’ IP value globally.\u201d\u00a0<\/p>\n\n\n\n

According to the press release<\/a>, Kadokawa and Sony plan to discuss the specifics of such collaborations at a later date. These will include initiatives to adapt Kadokawa IPs into live-action movies and TV series, and to expand the global distribution of Kadokawa\u2019s animes and games through the Sony Group. The two organizations also mention more potential joint efforts such as co-producing new anime. <\/p>\n\n\n\n

\"Sony<\/figure>\n\n\n\n

Kadokawa\u2019s CEO Takeshi Natsuno commented that “We are very pleased to conclude this capital and business alliance agreement with Sony. This alliance is expected to not only further strengthen our IP creation capabilities, but also increase our IP media mix options with Sony’s support for global expansion, allowing us to deliver our IP to more users around the world.\u201d\u00a0<\/p>\n\n\n\n

Reports about Sony intending to acquire Kadokawa<\/a> have been circulating since this time last month, having a widespread impact on share prices<\/a>, and fueling widespread speculation. It seems however that, rather than buying out the entire Japanese publishing conglomerate, Sony is instead becoming the majority shareholder and forming a co-operative agreement which will play to the strengths of both organizations.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"

Sony and Kadokawa have entered into a strategic business alliance focused on working together to maximize the value of each other’s IP globally<\/p>\n","protected":false},"author":61,"featured_media":41762,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_gspb_post_css":"","footnotes":""},"categories":[3,65],"tags":[261,17],"class_list":["post-41755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-nongaming-news","tag-financial-news","tag-japan-related-news"],"blocksy_meta":[],"yoast_head":"\nSony to become Kadokawa\u2019s largest shareholder in new co-operative business alliance\u00a0 - AUTOMATON WEST<\/title>\n<meta name=\"description\" content=\"Sony & Kadokawa have entered into a strategic business alliance focused on working together to maximize the value of each other's IP globally\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/automaton-media.com\/en\/news\/sony-to-become-kadokawa-largest-shareholder-in-new-co-operative-business-alliance\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Sony to become Kadokawa\u2019s largest shareholder in new co-operative business alliance\u00a0 - AUTOMATON WEST\" \/>\n<meta property=\"og:description\" content=\"Sony & Kadokawa have entered into a strategic business alliance focused on working together to maximize the value of each other's IP globally\" \/>\n<meta property=\"og:url\" content=\"https:\/\/automaton-media.com\/en\/news\/sony-to-become-kadokawa-largest-shareholder-in-new-co-operative-business-alliance\/\" \/>\n<meta property=\"og:site_name\" content=\"AUTOMATON WEST\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-19T09:09:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-19T09:09:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/automaton-media.com\/en\/wp-content\/uploads\/2024\/12\/20241219-41755-header.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"675\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Verity Townsend\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AUTOMATON_ENG\" \/>\n<meta name=\"twitter:site\" content=\"@AUTOMATON_ENG\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Verity Townsend\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Sony to become Kadokawa\u2019s largest shareholder in new co-operative business alliance\u00a0 - 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