Tencent and Sony buy part of From Software

[the-pi-guy]

Tencent and Sony are buying part of Elden Ring maker From Software.

Tencent unit Sixjoy will become the second-largest shareholder with 16.3%, while Sony Interactive Entertainment will own 14.1% for a combined investment of 36.4b yen. Kadokawa will still be the majority holder pic.twitter.com/T2NY30OBiG

— Gearoid Reidy ?????????? (@GearoidReidy) August 31, 2022

[kitler53]

that can keep MS from buying them?

[BananaKing]

that can keep MS from buying them?

Not sure. I think Nintendo owned 49% of rare before MS bought them.

Im not sure why Sony is doing this investment.

[the-pi-guy]

that can keep MS from buying them?

Not really, it's too small of an investment. Kadokawa still has controlling interest.

But, if From Software were to be sold, this makes it easier in the future for Sony. Sony could buy a bigger percentage as time goes on.

[the-pi-guy]

It's kind of interesting that they were able to do this.

But this is kind of boring. I honestly would have preferred if they bought some random developer I've never heard of. That would at least feel like it was having an impact on me.

Unless this somehow leads to Sony acquiring From Software in like 5 years. That would be mind blowing I guess, but not this.

[kitler53]

agreed.  this mostly feels like money wasted.  I see no benefit to playstation from this. 

[BananaKing]

agreed.  this mostly feels like money wasted.  I see no benefit to playstation from this.

I doubt its money wasted. Seems like a solid investment. From done this because they want to self publish, if they do that and start owning their IP their value can increase a lot. And thus the investment from Sony can pay off

Its not much of a strategic investment to push consoles or expand their software portfolio though