In a pretty astonishing piece of news, it seems that Sony is in talks to buy Kadokawa. According to Reuters, Sony is thinking of buying Kadokawa, which would have massive ramifications for both games and anime.

But for Kadokawa themselves, they have shared a statement confirming that the potential deal between them and Sony has yet to be confirmed. Noting that they “received an initial letter of intent to acquire the Company’s shares,

Sony Group Corporation is in talks to acquire fellow Japanese conglomerate Kadokawa, according to media reports that emerged this week. The firm’s animation and games properties may underlie the possible M&A activity. Kadokawa is a 79-year-old company ...