💨 Abstract

Sony is reportedly in talks to acquire Kadokawa, a Japanese publishing, anime, and gaming powerhouse. If successful, this deal would bolster Sony's entertainment portfolio and strengthen its anime offerings through Kadokawa's anime planning and publishing capacity. The anime market is expected to double to $60 billion by 2030, making it an attractive market for entertainment companies like Sony and Netflix, who have recently adapted popular anime franchises.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖