Activist Investing

Move Over Sony? Activist Investor Who Urged Nintendo to Charge 99 Cents Just to Get Mario to Jump Higher Acquires Significant Stake in Parent Company of Elden Ring Dev FromSoftware - IGN

Activist investor Oasis Management Company has acquired an 8.86% stake in Kadokawa, the parent company of FromSoftware, which developed Elden Ring. Oasis has a history of influencing companies, including past suggestions to Nintendo regarding mobile game development. Sony also holds a significant stake and strategic partnership with Kadokawa.