A report says Sony is eyeing up Japanese media firm Kadokawa, a company with a controlling stake in Elden Ring creator FromSoftware.

Kadokawa has confirmed that it has received a letter of intent from Sony to acquire the company. Kadokawa owns a majority share in FromSoftware, as well as several anime production houses.

Sony may be poised to have another major weapon in its arsenal. Reuters (and now Nikkei) is reporting that Sony is in talks to acquire Kadokawa, the parent company of FromSoftware which is the developer of games like Elden Ring and Dark Souls.