
Signing on to a brand-new "strategic partnership," Sony has acquired 16 million shares of Elden Ring publisher Bandai Namco for 68 billion yen – approximately $464 million.
The two companies reveal as much in a new statement via Sony's official website, outlining the deal made and what it might mean for future Bandai Namco releases. Following the acquisition of approximately 2.5% of the latter brand's total issued shares, Sony states that the companies will begin to "focus on expanding the fan community for IP such as anime and manga around the world and strengthening engagement."