Sony is reportedly in talks to purchase Japanese publisher Kadokawa, Reuters reports, citing sources familiar with the dealings. Kadokawa owns FromSoftware, which is behind incredibly difficult Soulslike games,

By Anirban Sen and Sam Nussey NEW YORK/TOKYO (Reuters) -Sony is in talks to acquire Kadokawa, the Japanese media powerhouse behind the "Elden Ring" game, two sources familiar with the matter said, as the technology giant looks to add to its entertainment portfolio.

Its shares soared some 23% on Tuesday after the Reuters news agency published a report about the negotiations, quoting two anonymous sources.