Gaming giants Tencent and Sony have bought greater than 30% of shares in Elden Ring and Dark Souls developer From Software. Parent firm Kadokawa nonetheless has a majority stake, however Sony and Tencent will now personal 30.34% of the corporate between them.

Why have Sony and Tencent bought these From Software shares?

In a doc noticed by VGC, Kadokawa revealed that Sony has bought 14.09% of From Software, with an organization by the identify of Sixjoy buying 16.25%. Sixjoy is a subsidiary of Tencent primarily based in Hong Kong, so for all intents and functions, meaning Tencent has bought these shares.

Apparently, Kadokawa needs to emphasise From Software’s “creation, growth, and deployment of sport IP”, which is why it allowed Sony and Tencent to buy further shares within the developer. The further money ought to assist From Software to increase its growth efforts and maybe observe up the phenomenally profitable Elden Ring (in addition to the Dark Souls collection) with one thing much more spectacular.

Kadokawa says that the fund is meant to assist From Software “proactively put money into growth of extra highly effective sport IP”. The cash will even assist From Software to increase its publishing enterprise; proper now, the corporate solely self-publishes its titles in Japan, with its Western releases being dealt with by exterior publishers like Activision or Bandai Namco. We’ll have to attend and see what this new funding will yield for From Software.

What’s subsequent for From Software?

Right now, you would be forgiven for considering that From Software is basking within the large success of Elden Ring, which has managed to promote 16.6 million models as of August this yr. However, it seems to be like the corporate is already gearing up for no matter its subsequent undertaking could be; it lately began promoting for brand spanking new staff to work on upcoming video games, certainly one of which is a brand new installment within the Armored Core collection.

At the second, we’re undecided what From Software’s subsequent sport goes to be. We know the studio is engaged on the aforementioned Armored Core title, however whether or not it intends to disclose that or one other undertaking first stays to be seen. There’s additionally the quite moot topic of Elden Ring DLC, which can or is probably not coming; the studio hasn’t made any noises about it, however the sport is so vastly profitable that we might be stunned if there weren’t any plans to increase it in any respect. We’ll carry you extra information on that, and on all issues From Software, as quickly as we get it.