A new report has indicated that Sony is currently in talks to acquire Kadokawa, and if it goes through, it could lead to a troubling monopoly in the anime industry as Sony would then have a much greater stake in production and distribution down to even what could potentially be adapted or animated in the future.

Sony is reportedly in advanced talks to acquire Kadokawa, the Japanese media powerhouse behind Elden Ring and iconic anime franchises like Re.

Kadokawa's shares jumped 19% in early Tokyo trading on Wednesday, a day after Reuters reported Sony was in talks to acquire the publishing, anime and gaming powerhouse. Shares in Kadokawa, which controls "Elden Ring" developer FromSoftware,

Sony Group Corp. is in discussions to acquire Japanese content publisher Kadokawa Corp., Reuters reported, citing two unidentified people familiar with the matter.

Sony is in discussions to acquire Kadokawa, the Japanese media company behind the blockbuster video game Elden Ring, according to two sources familiar with the matter. The deal, if finalized, could be signed in the coming weeks,

Sony is allegedly interested in buying Kadokawa and is currently in talks. Neither company is willing to put out an official comment.

Sony is in talks to acquire Kadokawa, the parent company of FromSoftware. Potential acquisition would give Sony ownership of multiple media brands, not just video games. Sony's history of studio acquisitions,

Reuters reports that Sony is in talks to acquire Kadokawa, parent company of Dark Souls and Elden Ring developer FromSoftware.