Sony Interactive Entertainment has increased its stake in Elden Ring dev FromSoftware, with Chinese giant Tencent also upping its investment to a 16.25 percent stake. Sony now owns 14.09 percent stake in the developer and parent company Kadokawa Corporation remains majority shareholder with a stake of 69.66 percent. According to a press release, Kadokawa will use Sony’s investment to strengthen existing IP and create new…
